BHP Billiton (BHP,BBL,BLT.L,BHP.AX) announced that it has approved investment of $845 million to sustain operations at Illawarra Coal in southern New South Wales, Australia by establishing a replacement mining area at the Appin Mine. The company said that the Appin Area 9 will be operational in 2016 and will replace production at the West Cliff Mine.
The company said that the replacement area will have a production capacity of 3.5 million tonnes per year of metallurgical coal and will sustain Illawarra Coal's production capacity at 9 million tonnes per year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.