JAKARTA (Reuters) – About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd (BHP.AX), a senior government mining official said. BHP Billiton said on June 9 month that it had decided not to go ahead with the Haju trial coal mine in Central Kalimantan province on Borneo island because it did not fit with its long-term investment strategy. See http://www.reuters.com/article/innovationNews/idUSTRE55P15G20090626.
See the following article from June 2009 on BHP Billiton’s decision to pull out of Indonesia:
BHP Billiton to Terminate 25-Year Presence in Indonesia
Anglo-Australian miner BHP Billiton will pull out of most of its remaining investments in Indonesia, ending its 25-year local presence in mining, transport and in other fields, the company announced on Tuesday. Company officials said Indonesian projects were no longer strategic to BHP’s future. Read more at http://www.thejakartaglobe.com/business/bhp-billiton-to-terminate-25-year-presence-in-indonesia/311169.
BHP hits reef fallout
There has also been criticism of BHP Billiton’s purchase of nickel laterite from the Raja Ampat archipelago in Indonesian-occupied West Papua to feed its Yabulu refinery in Queensland, Australia. See http://www.news.com.au/heraldsun/story/0,21985,25850401-664,00.html.