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     2005 November: BHP Group plcBHP [BHP]
    (Suspended)
     Mon, 7 Nov 2005 Media Comment [A] 
    Shared rail line to delay BHPBill's expansion
    BHPBill said that expansion to its Pilbara iron ore operations would be significantly delayed should the company be forced by regulators to share its rail line in this region with other iron-ore miners. This followed a draft proposal issued by the National Competition Council on 7 November 05, which could clear the way for prospector-rival miner, Fortescue Metals Group, as well as other groups to use BHPBill's monopoly railway line in Western Australia. According to Business Day, BHPBill would contest the preliminary ruling ahead of the council's final recommendation, adding that the rail line was already operating at full capacity.
     
     
    < 2005 December 2005 Index 2005 October >
    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       

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