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bhp billiton eyes exit from thermal coal

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BHP Billiton sells Indonesian coal assets to Adaro - Reuters

Jun 07, 2016 · MELBOURNE (Reuters) - BHP Billiton said on Tuesday it has agreed to sell its coal assets in Indonesia to its partner, Adaro Energy, following a slump in prices for metallurgical coal. BHP .

IEEFA Australia: BHP to link executive compensation to ...

BHP started its coal exit with the spin-off of South32 from BHP Billiton in 2015 following shareholder approval for a different investor trajectory. In its 2017 Climate Statement, South32 made it clear it saw the thermal coal sector as structurally challenged, and throughout its short life has been working to exit its 25Mtpa South African coal division, with progress slow.

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BHP moves closer to thermal coal exit - afr

Jul 12, 2019 · BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world's biggest miners to retreat from the dirtiest fuel.

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BHP Billiton says likely to quit global coal lobby group ...

Dec 19, 2017 · BHP Billiton says likely to quit global coal lobby group WCA BHP, which has largely quit mining coal for power plants but is the world's largest exporter of coal for steel-making, said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

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BHP threatens to quit world coal body over climate policy ...

Dec 19, 2017 · BHP Billiton said it would withdraw from the World Coal Association (WCA) due to differences over climate and energy policies, as well as the limited benefits it receives from membership in the industry association.

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BHP Looking to Exit Thermal Coal -Bloomberg - ih.advfn

BBL Bhp Group BHP Looking to Exit Thermal Coal -Bloomberg --BHP Group PLC (BHP.LN) is advancing plans to exit thermal coal and is looking at options to divest the business, which includes assets in Colombia and Australia, Bloomberg reports.

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B.H.P. Billiton, Acknowledging Climate Change, to Quit ...

Dec 19, 2017 · B.H.P. Billiton, the British-Australian mining company, said in a report Tuesday that it planned to withdraw from the World Coal Association, an international lobbying group, because of ...

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BHP and Rio Tinto are quietly exiting coal - afr

Dec 02, 2015 · Coal divestment group 350 Australia has taken Rio Tinto and BHP Billiton off its target list, saying the global miners are unlikely to approve new coal .

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BHP set to be the next leading miner to exit from coal ...

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$BHP Stock Technical Analysis | BHP Billiton ...

BHP Billiton Limited sells its copper, lead, and zinc concentrates, and alumina to smelters; copper cathode to wire rod mills, brass mills, and casting plants; uranium oxide to electricity generating utilities; rough diamonds to diamond buyers; nickel products to stainless steel, specialty alloy, foundry, chemicals, and refractory material industries; metallurgical coal to steel producers; and energy coal to power .

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BHP aims to cut thermal coal output for next year, raise ...

Jul 17, 2019 · The world's biggest miner, BHP Group, on Wednesday said it planned to produce less thermal coal in the coming financial year and that it would wash it instead as part of a drive to raise the ...

BHP Looking to Exit Thermal Coal -Bloomberg - ih.advfn

--BHP Group PLC (BHP.LN) is advancing plans to exit thermal coal and is looking at options to divest the business, which includes assets in Colombia and Australia, Bloomberg reports. --There is no guarantee that BHP will proceed with the sale, according to Bloomberg.

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BHP Billiton's coal production 2008-2018 | Statista

This statistic shows mining company BHP Billiton's coal production from 2008 to 2018. BHP Billiton is a British-Australian global mining company, headquartered in London and Melbourne. The company ...

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Indians eye BHP's coal prospecting - theaustralian.au

BHP's South African unit, based in the Mpumalanga region, supplies thermal coal to the local and export markets. BHP Billiton Energy Coal South Africa invited coal exploration, mining and ...

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BHP works on exiting U.S. oil-and-gas assets - MarketWatch

Oct 18, 2017 · BHP works on exiting U.S. oil-and-gas assets. Production of thermal coal used by power stations was down 2% on-year at 7 million tons, which the company said reflected a strong performance at its New South Wales division in eastern Australia offset by the impact of poor weather at its Cerrejon operation in Colombia.

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South32 backs out of coal with South African exit

Nov 27, 2017 · South32 backs out of coal with South African exit. South32, which was itself spun off from BHP Billiton in 2015, said it would split its South African coal business - which supplies domestic energy giant Eskom - into a separate company by early next year, ahead of a potential initial public offering (IPO) on the Johannesburg Stock Exchange.

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World's Top Mining Company BHP Sees End Of Coal Era ...

BHP Group (), the world's biggest miner, sees the outlook for thermal coal as challenged.BHP won't add production as it prioritizes growth in commodities tied to the shift to renewable energy and ...

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South32's shift away from thermal coal puts BHP to shame ...

South32's shift away from thermal coal puts BHP to shame. Although CCS [carbon capture and storage] is used in the global cooperation scenario, with some plants fitted with the technology by 2025, it is deployed much more slowly than renewables, reducing energy coal's ability to take part in the transition to a low carbon future.

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End Coal | South32's shift away from thermal coal puts BHP ...

South32's shift away from thermal coal puts BHP to shame. The Cerrejon coal mine in southern Guajira province. South32, the company spun off by BHP Billiton in 2015, has decided thermal coal is so threatened by renewables and unloved by investors it plans to offload its four South African coal mines.

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BHP's clever thermal coal strategy - MiningMonthly

While this will come at a higher cost because of coal washery expenses and lower economies of scale, the returns to BHP from higher value coal exports to longstanding trading partners as well as the benefit to the environment of supplying cleaner coal makes the company's thermal coal .

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Top Miner BHP Quits World Coal Association Over Climate ...

Apr 05, 2018 · BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant saying it'll reap little benefit from staying on ...

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