As the nuclear radiation disaster continues in Japan, BHP Billiton said its multi-billion expansion of the Olympic Dam copper and uranium mine in South Australia has progressed into the feasibility study phase.
The move is seen as one of the surest signs to date that BHP Billiton will proceed with the expansion, which the company has only referred to in vague terms since acquiring the mine in 2006.
See http://www.businessspectator.com.au/bs.nsf/Article/BHPs-Olympic-Dam-expansion-takes-key-step-forward-pd20110330-FF7WL?opendocument&src=rss.