Olympic dam is one of the world's most significant deposits of copper, gold, uranium and nickel and is a part of our minerals australia operation It is one of the world’s largest deposits of copper, gold and uranium and also has a significant deposit of silver It's made up of underground and surface operations and operates a fully integrated processing facility from ore to metal.
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The australian financial review reported that bhp disclosed such plans in paperwork concerning its olympic dam expansion, with only a one per cent uplift in uranium production expected
A boost in olympic dam uranium supply would flood the market and potentially suppress prices and uranium stocks.
Bhp) is investing more than a$840 million ($555 million) in its olympic dam copper, gold and uranium complex in south australia, advancing a series of growth projects ahead of a. This video will take you through the fascinating geology behind olympic dam, explaining how billions of years of tectonic shifts, volcanic eruptions, and hydrothermal processes created this supergiant mineral deposit. Olympic dam is the largest single deposit of uranium in the world and australia’s biggest underground mine, with more than 450 km of underground roads and tunnels Operational since 1988 and owned by bhp since 2005, the mine employs around 4,500 people, including employees and contractors.
Bhp is proposing to undertake an expansion of smelter and refining activities at olympic dam The main elements of the proposal include Increasing smelting and refinery capacity up from 200,000 tonnes per annum of copper cathode (tpa cu) and associated products (including gold, silver and uranium) to up to 650,000 tpa cu and associated products. The site hosts an underground mine and an integrated metallurgical processing plant.
The bhp olympic dam mine is located in south australia, 560 km north of adelaide
