BHP to Shutter Australia Coal Mine Due to High State Royalties

BHP to Shutter Australia Coal Mine Due to High State Royalties



BHP to Shutter Australia Coal Mine Due to High State Royalties
BHP Group Ltd. said it will shutter one of its Queensland coal mines and slash about 750 jobs across the division, citing high state royalties and weak market conditions that have made low-margin operations unsustainable.


www.bloomberg.com
#BHP #Shutter #Australia #Coal #Due #High #State #Royalties

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *