CAPITAL MARKETS

BHP puts coal on the backburner

BHP Billiton chief executive Andrew Mackenzie has relegated coal’s importance in the mining giant’s growth plans, stating that he has no further plans for new coal investment.

Lau Caruana
BHP puts coal on the backburner

The newly installed head of the company told the ABC that he would be seeking to grow the businesses by operational excellence instead. “We’re building this company’s future on four and possibly five...

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