Oil prices were also rising, and it prompted BHP to revisit its interests in the coal industry. In 1977, the company purchased Peabody Coal's Australian assets, including shares in Moura and Kianga coal mines. Subsequently, BHP went on to open Gregory mine in 1979 and Saxonvale mine in 1980.
BHP Group Ltd., the world's biggest miner, plans to keep its remaining metallurgical coal assets after completing an existing sale process, pointing to a strong outlook for higher-quality raw...
Ironically, in the long run the energy transition may again drive a preference for the specific grade of coal mined by BHP. Australian coking coal is down from the 2022 peak but is doing pretty ...
BHP Billiton Mitsubishi Alliance (BMA) has opened the new third berth at its $3bn Hay Point Coal Terminal near Mackay in Central Queensland, Australia.. The opening of new berth will increase Queensland's coal exports capacity from the existing 44 million tonnes per annum (Mtpa) to 55Mtpa.
BHP is committed to contributing to a strong and sustainable Saskatchewan by leveraging the province's strengths in the economy, talent and expertise. We are proud to be an active member of the local community and have contributed over CAD$50 million since 2015 to support initiatives in the province, including through Opportunities Agreements ...
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, …
A lot of people still think of mining as dirty coal miners going underground, and that to me is a deterrent to young people these days. So through this facility we want to educate people about what the future of mining actually looks like, which is really going to be more about sitting in offices and operating equipment.
BHP today announced that it will retain New South Wales Energy Coal (NSWEC) in its portfolio, seek the relevant approvals to continue mining beyond its current mining consent that expires in 2026 and proceed with …
The risk that Australia's most lucrative export industry could be hit by the clean energy transition has prompted mining rivals Rio Tinto and BHP into a collaboration to prove local iron ore can ...
BHP's US$40 billion takeover bid for Anglo American is mainly about copper. However, a successful takeover would also make BHP an even larger …
Mike Henry has over 30 years' experience in the resources industry, working across the globe in Australia, Asia, North America, and Europe; he joined BHP in 2003. A member of the executive leadership team since 2011, Henry has held roles spanning operational, commercial, and technical.. Mike Henry. Mike Henry graduated from the …
The main driver of improved profits was BHP's Australian coal business, which delivered underlying earnings before interest and tax of $8.7bn against a loss of $577mn a year as prices soared.
Progress on the review of BHP lower grade metallurgical coal and thermal coal assets continues. The Cerrejon divestment to Glencore completed in January 2022 …
Increased production was primarily due to a higher concentrator feed grade of 0.85%, increasing from 0.79%, as mining progressed into areas of high grade ore as planned following the implementation of measures to manage geotechnical events. Concentrator feed grade for FY24 is expected to be between 0.85% and 0.90%, with 0.92% grade …
Almost two years into a review of its "lower grade" metallurgical and energy coal assets, BHP on Thursday revealed it would retain its NSW Energy Coal division and seek approval to operate ...
The coal mining PPI, the only resource sub–sector which has a dedicated input price index from the ABS, picked up to 7.9% YoY in the December quarter, versus …
Shareholder communications . To discuss ESG related matters, Shareholders can contact us at any time through our ESG team. Shareholder and analyst feedback is shared with the Board through the Chairman, the Senior Independent Director, The Chairman of the Remuneration Committee, other Directors, the CEO, the CFO and the Group Company …
In a 30-minute interview with the Financial Post, Henry discussed the rationale behind BHP's potash investment, how the company intends to compete with Nutrien Ltd., the world's largest potash producer, Canadian mining policies and whether or not he's interested in Teck Resources Ltd.'s coal unit.
Many large mining companies and the Minerals Council argued the amended policies would "increase their costs and make it more difficult for them to compete". In BHP's annual shareholder meeting in Adelaide on 1 November, CEO Henry warned the SJSP bill would damage the Australian economy. He shared concerns over …
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
FILE - Mining giant BHP Billiton logo sits on the outside of their head office in Melbourne, Australia, Thursday, Nov. 27, 2008. Australian mining giant BHP Group on Wednesday, May 29, 2024, pledged to invest in the South African economy as it seeks support for a 38.6 billion pound ($49.3 billion) bid to acquire Anglo American, which was …
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
This continues a trend that has seen us maintain production and costs over the past five years, in spite of a 35-40% decline in grade. The team there is doing a wonderful job. Our Queensland Coal business which produces coal for steel making is breaking records in stripping – the bottleneck – amid a period of higher strip ratios.
bhp mining i want to know about their coal the grade Olympic Dam mine Wikipedia The Olympic Dam mine is a large polymetallic underground mine loed in South Australia, 550 km NNW of is the fourth largest copper deposit and the largest known single deposit of uranium in the world, although copper is the largest contributor to total revenue.
On Wednesday, it announced the sale of two metallurgical coal mines, Blackwater and Daunia, for up to $4.1bn including earn-outs, to Australian miner Whitehaven. BHP will receive $2.1bn in cash...
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, …
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
BHP is transforming its business by investing in copper and potash while gradually divesting from coal. The value of the coal portfolio is estimated at US$10Bn.
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, …
Shareholder communications . To discuss ESG related matters, Shareholders can contact us at any time through our ESG team. Shareholder and analyst feedback is shared with the Board through the …
BHP and Lundin Mining Corporation (Lundin Mining) have agreed to jointly acquire of Filo Corp., a Toronto Stock Exchange (TSX) listed company, through a Canadian plan of arrangement (Filo Acquisition).Filo Corp. owns of the Filo del Sol (FDS) copper project.BHP and Lundin Mining have also agreed to form a 50/50 joint …
BHP's Queensland coal operations posted solid numbers considering weather-related impacts. The Goonyella Riverside and Daunia mines transitioned to autonomous fleets, offsetting the impact of a longwall move at Broadmeadow. The BHP Mitsubishi Alliance produced 58 million metric tons of metallurgical-grade coal in FY 2023.
We also have a goal to support 40% emissions intensity reduction of BHP-chartered shipping of BHP products. To help us achieve these goals, we are working with our partners in the steel and maritime industries, backed by US$400 million of investment under our Climate Investment Program in areas such as low carbon steelmaking and low …
Coal's 23 per cent share of BHP's total underlying EBITDA of $US40 billion is significant. It means BHP is off limits to most of the world's major banks and excluded from powerful ESG-focused...
Mining is an industry for today and tomorrow. At BHP, we are already providing materials and jobs critical to the future and we see clear opportunities to use our strengths to continue to grow value for …
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
Disclaimer Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding: our strategy, our values and how we define success; our expectations of a competitive advantage for our business or certain products; our commitment to generating social value; our
