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May 31st, 2012 
FAKE NEWS for the Zionist agenda South Australian Treasurer Jack Snelling is confident BHP Billiton’s $30 billion expansion at its Olympic Dam copper and uranium mine will be approved by the end of this year.
Delivering the state budget on Thursday, Mr Snelling said the project would have a life of 90 years or more and would provide a significant boost to the state economy through jobs and other activity.
“I’m very, very confident that BHP Billiton’s expansion at Olympic Dam will go ahead,” Mr Snelling told reporters.
The expanded Olympic Dam mine is expected to generate as many as 6,000 new jobs during the 11-year construction phase and 4,000 operational jobs.
Annual copper production is forecast to more than triple to about 750,000 tonnes and uranium oxide production will jump to 19,000 tonnes.
The project is also tipped to create 15,000 indirect jobs in flow-on industries and services.
BHP Billiton says it still expects to make a decision by the end of this year but that will run close to a government deadline, imposed when state parliament passed indenture legislation late last year.
Mr Snelling said the government had no intention of extending that deadline.
“If BHP don’t meet that deadline then the whole indenture agreement is going to have to be renegotiated,” he said.
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