Prime Minister Julia Gillard has dismissed a Minerals Council of Australia report suggesting BHP Billiton’s Olympic Dam expansion project in South Australia is in doubt.
Ms Gillard described the report as unsurprising because one of its authors was the pre-selected Liberal candidate for the seat of Hume, Angus Taylor.
“He is talking it down,” she told the house.
“We want this Olympic Dam project to go ahead … we won’t be swayed by reckless negativity.”
News.com.au today, August 22,2012 …
BHP Billiton has shelved its $30 billion Olympic Dam expansion …
Management put it down to
market conditions, subdued commodity prices and higher capital costs …