BHP Group May Consider Pausing Lower Margin Operations If Low Coal Prices Continue

MT Newswires Live

08/19

BHP Group (ASX:BHP) said it may consider options to pause operations with lower margins if low coal prices persist, according to a Tuesday filing with the Australian bourse.

The mining giant said it will maintain its existing position of not investing in any further growth at BHP Mitsubishi Alliance (BMA) assets in Queensland, as there is no change to the ongoing negative impacts of extreme royalty rates. It plans to sustain and optimize its existing operations.

The firm's shares rose past 1% in recent trading on Tuesday.

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