(Reuters) -BHP said on Wednesday it would invest more than A$840 million ($555.16 million) in its Olympic Dam copper operations in South Australia as the miner prepares to make an investment decision by mid-2027 to double output from the state.

South Australia is home to one of BHP’s three copper growth projects, including Olympic Dam.

The Olympic Dam project holds one of the world’s largest deposits of copper, uranium, and gold, making it vital for BHP and Australia’s role as a major global supplier of copper, a key metal needed for the transition to a low-carbon world.

The project has consistently produced more than 300,000 metric tons of copper annually for the past three years.

BHP, the world’s largest listed miner, is now preparing to make a final investment decision by mid-2027 f

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