BHP wants out of Mount Arthur and three other mines while Wambo cuts jobs as coal prices plummet

Ian Kirkwood
Updated April 15 2021 - 12:07am, first published August 19 2020 - 4:30am
CHANGE AFOOT: BHP has been facing increasing pressure from 'ethical' investors wanting major mining companies to exit the thermal coal industry because of its association with greenhouse gas emissions. Worries exist, though, about present and future responsibility for remediation.
CHANGE AFOOT: BHP has been facing increasing pressure from 'ethical' investors wanting major mining companies to exit the thermal coal industry because of its association with greenhouse gas emissions. Worries exist, though, about present and future responsibility for remediation.

AFTER years of speculation, BHP has finally confirmed it wants to get rid of its Mount Arthur thermal coal mine at Muswellbrook, either by selling it to another operator or by rolling it with three other mines into a standalone company, as it did 20 years ago when it created OneSteel and Bluescope Steel out of its Australian steel businesses.

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Ian Kirkwood

Ian Kirkwood

Journalist

Reporting journalist at the Newcastle Herald since 1987. Editorial writer, general reporter, industrial relations, industry and coal.

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