Currently viewing Global edition

BHP's coal dilemma

BHP doesn’t often mention its coal business, but not for the reason you might be thinking because while coal is unpopular with environmentally focused investors it is becoming an embarrassment on three financial measures.

BHP's coal dilemma BHP's coal dilemma BHP's coal dilemma BHP's coal dilemma BHP's coal dilemma

Firstly, BHP's metallurgical (steel-making) coal mines are spectacularly profitable at current commodity prices with the coal division overtaking iron ore as the unit with the fastest-growing share of

topics

loader