BHP considering shutting Qld coal mines due to royalty rates

MANAGEMENT

Royalty rates and low coal prices putting pressure on lower margin operations

BMA's Caval Ridge mine in Queensland.

BMA’s Caval Ridge mine in Queensland. | Credits: BHP

BHP has warned that it may shutter parts of its Queensland coal operations if lower coal prices persist. According to the Department of Industry, Science and Resources, metallurgical coal prices in…

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