BHP clears way for more Queensland coal divestments
BHP and Mitsubishi will find it easier to sell coking coal mines in the state if a legislative tweak is formalised. Blackwater mine may be first on the block.
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BHP and Mitsubishi will find it easier to sell coking coal mines in the state if a legislative tweak is formalised. Blackwater mine may be first on the block.
Brian Loton had an old-fashioned introduction to management with the domestically focused miner and steelmaker, but over 15 years he transformed it into a modern international mining conglomerate.
While relocating a flood-prone city such as Lismore with its population of more than 28,000 might seem impractical, smaller towns have been successfully rebuilt since the middle of the 19th century.
BHP Mitsubishi Alliance (BMA) has welcomed 51 new apprentices to its operations in the Bowen Basin including Queensland locals.
Russia’s invasion of Ukraine has made a superstar out of a Queensland mine that BHP is selling. South Walker Creek coal was $US104 a tonne last year, now it’s $US645.