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19 Jul
04:30

BHP sees higher coal royalties threaten investment

Australian miner BHP says the near tripling of top-end coal royalties in Australia's Queensland has worsened what was already one of the world’s highest coal royalty regimes, threatening investment and jobs in the state. Chief executive Mike Henry says the group is assessing the impacts of higher coal royalties on BHP Mitsubishi Alliance (BMA)’s economic reserves and mine lives, Kallanish notes. The group is currently assessing the impact on produ…
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