bhp billiton eyes exit from thermal coal

bhp billiton eyes exit from thermal coal

Analysis: BHP’s Mt. Arthur bind illustrates mining’s coal ...

Apr 30, 2021  BHP's exit from thermal coal would satisfy investment criteria laid down by Norway’s government pension fund, which owns about 5.58% of BHP’s London-listed arm.

BHP confirms coal exits as profits underwhelm

Aug 18, 2020  BHP's looming exit from thermal coal comes after Rio Tinto sold its Australian coal mines between 2015 and 2018, as South32 continues efforts to demerge is South African thermal coal

BHP to divest thermal coal assets following investor pressure

Aug 19, 2020  BHP plans to exit thermal coal mining within two years. Credit: Pembina Institute. Share Article. Multinational mining major BHP has announced its plans to sell a number of coal assets following mounting investor pressure to distance itself from the high-polluting fossil fuel.

BHP responds to investor pressure with thermal coal exit ...

BHP responds to investor pressure with thermal coal exit Mining group looks to expand in commodities used in lower carbon power generation A freight train carrying iron ore in Western Australia.

BHP Is Latest Giant Miner to Plan Exit From Thermal Coal ...

Jul 11, 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.

BHP boss weighs thermal coal exit - if the price is right

BHP's new chief executive Mike Henry has signalled the mining giant could exit thermal coal and boost exposure to minerals used in green technologies as it looks to reposition itself for a lower ...

BHP trims thermal coal exposure - afr

Feb 17, 2020  BHP's exposure to thermal coal has continued to shrink, with the miner quietly selling a portion of its port capacity and shareholdings at one of Australia's biggest coal export facilities.

BHP Annual Profit Falls, Seeks Exit of Thermal Coal Assets

BHPCD BHP Billiton Ltd BHP Annual Profit Falls, Seeks Exit of Thermal Coal Assets. By David Winning SYDNEY--BHP Group Ltd. reported a 4% drop in annual net profit, and said it wanted to stop ...

BHP dark on thermal coal's future - afr

May 22, 2019  The comments come after Deutsche analyst James Gurry said this week that he expects BHP to exit its thermal coal assets, which comprise the Mt

Analysis: BHP’s Mt. Arthur bind illustrates mining’s coal ...

Apr 30, 2021  BHP's exit from thermal coal would satisfy investment criteria laid down by Norway’s government pension fund, which owns about 5.58% of BHP’s London-listed arm.

BHP boss weighs thermal coal exit - if the price is right

BHP's new chief executive Mike Henry has signalled the mining giant could exit thermal coal and boost exposure to minerals used in green technologies as it looks to reposition itself for a lower ...

BHP Eyes Split From Billiton Assets in Mine Spinoff Plan ...

Aug 15, 2014  The $11.6 billion acquisition of Billiton gave BHP assets including aluminum, nickel and thermal coal that no longer fit Mackenzie’s strategy of focusing on four main commodities.

BHP Annual Profit Falls, Seeks Exit of Thermal Coal Assets

BHPCD BHP Billiton Ltd BHP Annual Profit Falls, Seeks Exit of Thermal Coal Assets. By David Winning SYDNEY--BHP Group Ltd. reported a 4% drop in annual net profit, and said it wanted to stop ...

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. --There is no guarantee that BHP will proceed with the sale, according to Bloomberg.

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

One of BHP’s main rivals, Rio Tinto, has moved over the past two years to exit from thermal coal, a fossil fuel burnt in power stations to generate electricity. But BHP said it was committed to ...

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

The Cerrejon coal mine in southern Guajira province. Photo: Despacio. South32, the company spun off by BHP Billiton in 2015, has decided thermal coal is so threatened by renewables and unloved ...

BHP to exit global coal body over climate change denial eNCA

Dec 19, 2017  BHP to exit global coal body over climate change denial Tuesday 19 December 2017 - 8:14am Company logo of mining giant, BHP Billiton, the world's largest resources company.

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

The Cerrejon coal mine in southern Guajira province. Photo: Despacio. Bob Burton. 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. Once the sale is completed, South32 will be all done with thermal coal.

A leading global resources company BHP

BHP, German shipping company Oldendorff Carriers, and advanced biofuels pioneer GoodFuels, with the support of the Maritime and Port Authority of Singapore (MPA), conducted the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore on 4 April 2021.

BHP seeks buyers for coal mines, oil fields in portfolio ...

The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some coking coal mines and reduce its stake in oil and gas.

Coal Mining Market 2020 Global Insights and Business ...

Oct 14, 2020  August 18, 2020: BHP seeks buyers for coal mines, oil fields in portfolio shake-up The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some coking coal mines and reduce its stake in oil and gas.

IndoMet Coal Project - Global Energy Monitor

The IndoMet Coal Project (ICP) (which was initially referred to by BHP Billiton as the Maruwai coal project), covers five potential coal deposits in East and Central Kalimantan in Indonesia. The coal deposits were discovered by BHP Billiton in the late 1990's but initial development of the first of the five deposits within the broad project area - the Haju coal project-- did not commence until ...

BHP, Rio quietly exit coal: report The Courier Mail

Neither company has publicly stated their position to exit the thermal coal market, but activist outfit 350 chief executive Blair Palese said: "BHP and Rio have pretty much got out of thermal ...

BHP Eyes Split From Billiton Assets in Mine Spinoff Plan ...

Aug 15, 2014  The $11.6 billion acquisition of Billiton gave BHP assets including aluminum, nickel and thermal coal that no longer fit Mackenzie’s strategy of focusing on four main commodities.

Analysis: BHP’s Mt. Arthur bind illustrates mining’s coal ...

BHP's exit from thermal coal would satisfy investment criteria laid down by Norway’s government pension fund, which owns about 5.58% of BHP’s London-listed arm.

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. --There is no guarantee that BHP will proceed with the sale, according to Bloomberg.

BHP, Rio quietly exit coal: report - The Australian

Neither company has publicly stated their position to exit the thermal coal market, but activist outfit 350 chief executive Blair Palese said: "BHP and Rio have pretty much got out of thermal ...

BHP, Rio quietly exit coal: report The Courier Mail

Neither company has publicly stated their position to exit the thermal coal market, but activist outfit 350 chief executive Blair Palese said: "BHP and Rio have pretty much got out of thermal ...

BHP to exit global coal body over climate change denial eNCA

Dec 19, 2017  BHP to exit global coal body over climate change denial Tuesday 19 December 2017 - 8:14am Company logo of mining giant, BHP Billiton, the world's largest resources company.

Thermal coal: End of the road?

In recent years, BHP Billiton, Glencore, Rio Tinto and Anglo American increased production to service the Chinese market. But given the slowing growth rate in China, coupled with the rise in production of Chinese domestic coal, plus the carbon regulation catalyst, it is no surprise that Chinese demand for imported coal is falling.

Coal Mining Market 2020 Global Insights and Business ...

Oct 14, 2020  August 18, 2020: BHP seeks buyers for coal mines, oil fields in portfolio shake-up The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some coking coal mines and reduce its stake in oil and gas.

BHP OPERATIONAL REVIEW FOR THE HALF YEAR ENDED

expected to fall as we tailor plans to maximise value in the exit process. We continue to progress a ... On 16 November 2017, Samarco and its shareholders, Vale S.A. and BHP Billiton Brasil, entered into an agreement ... (iii) Export sales only. Includes thermal coal sales from metallurgical coal mines. At 31 December 2017, the Group had 348 kt ...

A leading global resources company BHP

BHP, German shipping company Oldendorff Carriers, and advanced biofuels pioneer GoodFuels, with the support of the Maritime and Port Authority of Singapore (MPA), conducted the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore on 4 April 2021.

Bhp Billiton - latest news, breaking stories and comment ...

Jul 19, 2013  World’s largest miner BHP Billiton quits global coal lobby group. Business News. BHP Billiton's half year profit jumps 25%. ... World's biggest mining company eyes two-year exit from shale.

Did BHP friends just blow $1.3bn on a Colombian coal ...

Jun 10, 2015  Later that year BHP Billiton stated in its 2013-2014 annual report that the P40 project had produced its first coal in the December 2013 quarter though the new port facilities were still being ...

All eyes on BHP as 'spinco' awaited - Miningmx

Aug 18, 2014  Goldman Sachs said today non-core assets could be taken to include thermal coal, aluminium, nickel and manganese, adding however that “ a selection or all of these assets could find their way in to a demerged entity”. The Financial Review speculated that Graham Kerr, BHP Billiton’s CFO, would run the new company from Perth.

UK’s largest pension fund to exit BHP Billiton Plc in ...

UK’s largest pension fund to exit BHP Billiton in coming days as it starts fossil fuel divestment ... BHP Billiton keeps eyes on China. ... noted that should BHP sell its Hunter Valley thermal ...