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    September 29, 2020

    BHP ends domestic thermal coal sales

    Coal, Commodities Australia, BHP, Coal Divesting

    By Peter Ker | Australian Financial Review

    Thermal coal mined by BHP will no longer be burned to make electricity in Australia, after the miner quietly ended the decades long connection between its NSW mine and the nearby power stations of AGL Energy.

    BHP has started dismantling the 10 kilometre conveyor belt that fed coal from its Mt Arthur mine to AGL’s Bayswater and Liddell power stations, and the miner confirmed that it had stopped selling coal to the power stations altogether during fiscal 2020.

    The move continues BHP’s gradual shift away from thermal coal, which had manifest in a series of incremental changes in the Hunter Valley in recent years until it was formalised in August, when BHP finally confirmed that it was trying to sell Mt Arthur and another thermal coal asset in Colombia…Full Story

    Australia sends troops to help contain virus on ore ship near Port Hedland Iron ore prices to remain higher for longer: Treasury

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