Who buys BMA coal?
Who buys BMA coal?
Stanmore SMC Holdings Pty Ltd, a wholly owned subsidiary of Stanmore Resources Limited (Stanmore Resources), has agreed to acquire 100 per cent of the shares in Dampier Coal (Queensland) Pty Ltd from BHP Minerals Pty Ltd, the subsidiary which holds BHP’s interest in BMC, for cash consideration of up to US$1.35 billion.
Is BHP exposed to coal?
In 2020, BHP produced around 70 million tonnes of met coal. That’s enough to produce enough steel to build the Burj Khalifa (the world’s tallest building) over 1,600 times!
Where does BHP sell its coal?
BHP has agreed to sell its 80 per cent share in BHP Mitsui Coal (BMC) to Stanmore Resources, offloading two Queensland coal mines and associated infrastructure.
Who bought South Walker Creek Mine?
Stanmore buys BHP coal mines South Walker Creek and Poitrel for $1.6b.
How much coal does Rio Tinto produce?
In New South Wales Coal & Allied, which is 75% owned by Rio Tinto and produces both thermal and semi-soft coking coal, also has substantial reserves. In the presentation the company stated that Coal and Allied’s share of reserves amounted to 1,048 million tonnes with additional resources of 2,941 million tonnes.
Is BHP in New Zealand?
In 1992, BHP took up a controlling interest with an 81% shareholding by acquiring the shares of Fisher & Paykel and Steel & Tube. The company was initially renamed BHP New Zealand Steel Limited, but in 2002 it was renamed New Zealand Steel when BHP Steel was listed on the Australian Securities Exchange as BlueScope.
Who is buying BHP coal?
Stanmore
Stanmore buys BHP coal mines South Walker Creek and Poitrel for $1.6b.
Who owns Saraji mine?
BHP Mitsubishi Alliance
It has been owned and operated by BHP Mitsubishi Alliance (BMA), a joint venture between BHP Billiton (50%) and Mitsubishi (50%), since 2001. Saraji is one of the seven coal mines operated by BMA in the Bowen Basin.
How much coal was produced in the United States in 2019?
For the week ended October 12, 2019. Estimated U.S. coal production totaled about 12.8 million short tons (MMst) This production estimate is 3% lower than last week’s estimate and 13.6% lower than the production estimate in the comparable week in 2018 East of the Mississippi River coal production totaled 5.4 MMst West of…
Who is the CEO of BHP Billiton metallurgical coal?
BHP Billiton Metallurgical Coal BHP Billiton Metallurgical Coal Dave Murray President, Metallurgical Coal Analysts and Investors Site Visit Queensland 2 June 2005 Disclaimer The views expressed here contain information derived from publicly available sources that have not been independently verified. No
What are the BMA key projects?
BMA Coal –John Smith BMA Operations –Mick Madden Morning Tea BMA Key Projects –Bryce Jones Illawarra–Colin Bloomfield Maruwai –Dave Murray Goonyella Mine –Ben Zietsman Hay Point Terminal –Sam Bonanno Wrap-up–Dave Murray The Thermal and Metallurgical Coal Markets (2003 estimate) Coking 508 Mt Coking 508 Mt Export 512 Mt Export 512 Mt
What is the future of BHP’s Caval Ridge mine?
BHP’s coal joint venture has applied to expand its $3.4 billion Caval Ridge mine in central Queensland taking its production life into the 2050s. Without the expansion, the mine would be constrained by as early as 2025.
