BHP News: BHP Group (BHP) to Retain New South Wales Energy Coal Unit - 18th Jun 2022, 12:14am

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BHP Group BHP recently announced that it has not received a viable offer for its New South Wales Energy Coal ("NSWEC") unit and plans to retain it and continue mining up to the end of fiscal 2030. With the mining consent for the operation to expire in 2026, BHP is currently working toward acquiring the relevant approvals for the same.

For the past two years, BHP has been exiting some of its lower-grade metallurgical coal and energy coal assets as it seeks to reduce emissions and streamline it...

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