Mount Arthur in the red as BHP announces oil and gas spin-off with Woodside Petroleum

Ian Kirkwood
By Ian Kirkwood
Updated August 17 2021 - 10:43pm, first published 10:30pm
COAL: The big focus last night was on the oil and gas spinoff, but the focus will intensify on BHP's coal holdings, and who will pay the clean-up bill when the mines it sells are finally shuttered.

EVEN the big rise in global coal prices has not been enough to stop a river of red ink through BHP's Mount Arthur coalmine in the company's annual results for the year to June 30.

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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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