BHP warns state’s mines face closure

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime...

BHP warns state’s mines face closure

Australia’s second-biggest company has warned it could close some “low-margin” Queensland mines in the face of an “extreme” royalty regime.

BHP warns coal sites may be sidelined

BHP has warned it will consider pausing lower-margin parts of its Queensland coal business if low prices persist amid the ongoing negative impacts of ‘extreme royalty rates’. That comes against a backdrop of its long-standing position that it will not be investing in any further growth across the BHP Mitsubishi Alliance operations as a result of the royalty regime introduced under the previous State Government in 2022. BMA-owned mines include Go…