BHP Billiton: Won't Proceed With Haju Trial Mine Project
June 09 2009 - 3:18AM
Dow Jones News
BHP Billiton (BHP.AU) said Tuesday that it won't go ahead with
its Haju trial coal mine project in Indonesia.
In a statement, BHP Billiton said Haju, which was stage one of
its Maruwai Coal Project development in central Kalimantan, didn't
fit with its long-term investment strategy.
"Further evaluation of the company's interests in the Maruwai
Coal Project is underway to determine the best future commercial
options," BHP Billiton said.
-By Lyndal McFarland, Dow Jones Newswires; 61-3-9292-2093;
lyndal.mcfarland@dowjones.com