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BHP alliance to sack 750 workers blaming Queensland government mining royalties
BHP Mitsubishi Alliance will suspend low-margin operations and cut 750 jobs due to low coal prices and Queensland's costly royalty regime, impacting regional communities.
- BHP Mitsubishi Alliance is cutting approximately 750 jobs across Queensland due to low coal prices and an extreme royalty regime imposed by the Queensland government.
- BMA asset president Adam Lancey stated that the Queensland coal industry is approaching a crisis point because of unsustainable royalties and market conditions.
- Work at the South Saraji mine near Dysart will be halted and deactivated from November 2025, impacting regional jobs and communities.
- Lancey noted that the current conditions are unsustainable and the company had to make difficult decisions about job losses based on the Queensland government’s tax regime.
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BHP to Cut 750 Jobs Over Mining Royalties Woes in Queensland
Nationals Senator Matt Canavan has called for a review into the former Queensland Labor government’s requirements for mining royalties after claims BHP would cut 750 jobs. The BHP Mitsubishi Alliance (BMA) is one of the state’s largest coal-mining entities, but has claimed that high mining royalties are negatively impacting profits. Workers at BHP’s Saraji South coal mine located in the Bowen Basin were reportedly told the facility would be put …
·New York, United States
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Coverage Details
Total News Sources19
Leaning Left3Leaning Right7Center0Last UpdatedBias Distribution70% Right
Bias Distribution
- 70% of the sources lean Right
70% Right
L 30%
R 70%
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