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Speaking during a media conference call following the release of the company's interim results he said BHP Billiton would not respond to market speculations regarding plans to exit thermal coal
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Davis has been negotiating the loan via JPMorgan for BHP's thermal coal division and is also eyeing its aluminum, nickel and manganese operations amid a demerger sale, gifted to shareholders, the paper's website reported. The purchase would unwind the Anglo-Australian titan's 2001 merger with Billiton.
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Jan 05, 2011 · Fiona Martin, spokeswoman for BHP, declined to comment on what percentage of the company's coal contracts are settled on a quarterly basis. BHP Billiton-Mitsubishi Alliance, known as BMA, is the world's biggest exporter of coal for steelmaking and operates seven mines in
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BHP Billiton, the world's largest Western mining company, is threatening to leave the World Coal Association and U.S. Chamber of Commerce over disagreements on climate policy, the latest
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Coal is widely used across the globe as a source of electricity. Find out how efforts to use cleaner energy sources are affecting the top coal stocks in 2019.
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Sep 18, 2017 · From the NYT B.H.P. Billiton, Acknowledging Climate Change, to Quit Coal Group 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 differences in climate and energy policies.
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[]Thermal coal End of the road? February 2016 Seema Suchak, Sustainable Investment Analyst We use $24 as it is BHP Billiton's estimated 'central case' carbon scenario, following a ~3°C trajectory, and $50 is BHP's 'global accord' scenario which aims for a 2°C trajectory. making coal mines? The barriers to exit
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SYDNEY/JAKARTA- Anglo-Australian miner Rio Tinto is selling off its last remaining coal mine, becoming the first major resource producer to exit the Rio Tinto waves final goodbye to King Coal
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Aug 18, 2009 · On Friday, BHP Billiton said the coal mine would be expanded to increase production of saleable thermal coal from 11.5 million tonnes per annum (mtpa) to about 15mtpa.
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Rand set for rocky ride with eyes on Tito Mboweni . 1 day ago. where BHP's Mt Arthur thermal coal mine is located, is the second largest coal-producing state. BHP to exit thermal coal
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Oct 17, 2017 · MELBOURNE, Australia--BHP Billiton Ltd. (BHP.AU) said work is underway to exit its U.S. onshore oil-and-gas assets, after it sold a small portion of its Hawkville shale acreage in Texas in the
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THERE is growing speculation BHP Billiton is planning to exit its US1.3 billion South African thermal coal business.
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The Poitrel coal mine, operated by BHP Billiton Mitsui Coal (BMC), a partnership between BHP Billiton and Mitsubishi, produces around three million tonnes of coal a year. It is one of BMA's (BHP Billiton Mitsubishi Alliance's) most recent coal mining developments. The mine, that is situated 35 kilometres south east of Moranbah, began producing
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An example of the public exit from the business is South32, the Perth-based miner spun out of BHP Billiton which is in the process of selling out of its thermal coal assets in South Africa. Mike Fraser, South32's president and chief operating office for South Africa, told Reuters earlier this month that the company was aiming to sell its coal assets because it "did not believe in the commodity."
Check priceBHP coal boss Mike Henry eyes $820m lift in productivity. BHP Billiton's minerals boss for Australia, Mike Henry, says he can't run the group's coal business in the hope of a price
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Diversified major BHP Billiton considered coal an "attractive commodity" and one its portfolio's core pillars, BHP Billiton CFO Graham Kerr said on Tuesday.
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Jan 18, 2018 · BHP recorded mixed results in its coal business, with its much larger metallurgical or coking coal production seeing a decline, while its smaller
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Apr 21, 2016 · Behind the scenes, BHP Billiton fears for thermal coal's future Barely a day goes by without coal lobbyists proclaiming thermal coal still has a rosy future. BHP Billiton fears otherwise.
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Dec 19, 2017 · 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 the fuel, in spite of its pledge to make tackling climate change a "priority governance and
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Mar 27, 2018 · Rio Tinto completes coal exit with Kestrel mine sale. BHP Billiton, Glencore and Vale. The Thermal coal is burnt in power stations to generate electricity.
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Glencore Doubles Down on Coal as Mining Rivals Head for the Exit June 13, 2017 Glencore Plc is doubling down on coal, even as rivals BHP Billiton Ltd. and Rio Tinto Group move away from the world's dirtiest fossil fuel.
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exxaro eyes on south32's south african coal assets Johannesburg, Oct 4 South African miner Exxaro is interested in South32's local coal assets, which include an export quota, as it looks to increase its exports, according to Exxaro CEO Mxolisi Mgojo, Reuters reports.
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Iron ore prices are down 48% year to date and BHP is looking towards copper to offset a dimming outlook for iron ore prices. Global miners such as Rio Tinto, and Vale have focused on iron ore for the majority of their profits. BHP always promoted their diversified portfolio but still recorded 52% of their operational profits from iron ore in 2014.
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[]C-Res is a cost neutral entity and is responsible for coordinating the day-to-day deliverables of the Program including liaising with local suppliers and BHP Billiton, BMA and BMC users. BHP Billiton is the world's largest exporter of seaborne metallurgical coal and a global producer of export and domestic thermal coal.
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Walhi has welcomed the reported shelving of the railway plan, claiming the decision casts doubt on the viability of Indomet — a joint venture between BHP Billiton and its Indonesian partner Adaro Energy to mine an estimated 1.3 billion tonnes of coking and thermal coal from a series of seven coal contracts of
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Glencore is doubling down on coal, even as rivals BHP Billiton and Rio Tinto Group move away from the world's dirtiest fossil fuel.
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[]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.
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BHP Billiton is one of the world's largest producers and marketers of export thermal coal. BHP Billiton provides thermal coal for use in the electric power generation industry and general industrial concerns such as cement production. Medgate is pleased to be continuing a successful partnership with this Australian-based global organization.
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World's largest miner BHP Billiton quits global coal lobby group. The miner came under pressure last year to leave any associations with policies that fail to match the company's support of the 2015 Paris climate accord. Business News.
Check priceBHP GROUP LTD Financial news and information Stock BHP GROUP LTD AUSTRALIAN SECURITIES EXCHANGE LIMITED BHP AUSTRALIAN SECURITIES EXCHANGE LIMITED ELECTRIC AMBITION BHP eyes EV market with speciality chemicals RE. 08/02 China iron ore falls most in four weeks amid Vale optimism, demand concerns BHP Looking to Exit Thermal
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