BHP Billiton is planning to begin construction on a second coal-export terminal at Abbot Point in Australia by the end of 2013.

The terminal is expected to start operations by 2016.

The company said that once the terminal is fully operational, it is expected that the coal export capacity will increase to 60Mtpa.

The port is capable of handling 50Mt of coal, according to Dow Jones.

In May 2011, the Queensland state government in Australia awarded a 99-year lease for the X50 Abbot Point coal terminal to India’s Adani Group for $1.83bn.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.