What does BMA stand for in mining?
What does BMA stand for in mining?
Mining giant BHP Billiton Mitsubishi Alliance (BMA) has announced it is to axe 700 jobs at its central Queensland mines. BMA is the largest private employer in the Bowen Basin with more than 10,000 employees and contractors. The cut represented about 7 per cent of its workforce.
What is BHP coal?
BHP Mitsui Coal (BMC) comprises the Poitrel and South Walker Creek operations, Red Mountain Infrastructure and the Wards Well development in Queensland, Australia. BHP Group Limited operates BMC as part of an 80:20 joint venture with Mitsui. Further information on BHP can be found at: bhp.com.
Is BHP still mining coal?
Mining heavyweight BHP is selling its Colombian coal interests to Glencore, leaving the Mt Arthur mine in NSW’s Hunter Valley as the only thermal coal mine left in its portfolio. The sale marks BHP’s first step in dumping thermal coal from its global portfolio entirely.
Who owns BMA Australia?
BMA is owned 50:50 by BHP and Mitsubishi Development. BMA operates seven Bowen Basin mines (Goonyella Riverside, Broadmeadow, Daunia, Peak Downs, Saraji, Blackwater and Caval Ridge) and owns and operates the Hay Point Coal Terminal near Mackay..
What does BMA do?
The British Medical Association (BMA) is a trade union representing and negotiating on behalf of all doctors and medical students in the UK. A leading voice advocating for outstanding healthcare and a healthy population.
Who owns the coal mines in Australia?
Major Australian coal mining companies)
| Company | Total coal mined (Million tonnes (Mt) pa) |
|---|---|
| Rio Tinto Coal Australia Pty Ltd | 5.80 |
| Vale | 8.00 |
| Wesfarmers Coal Ltd | 2.16 |
| Whitehaven Coal Mining Pty Ltd | 23.1 |
What type of coal is coking coal?
Metallurgical coal
Metallurgical coal, also known as coking coal, is used to produce coke, the primary source of carbon used in steelmaking. Metallurgical coal differs from thermal coal, which is used for energy and heating, by its carbon content and its coking ability.
Is there an alternative to coking coal?
Blast furnaces need coal, but there is an alternative technology called an Electric Arc Furnace (EAF). This is responsible for approximately 30% of the world’s steel production and does not require coal.
Is the BMA reliable?
Our values. Expert – we are an indispensable source of credible information, guidance and support throughout doctors’ professional lives. Committed – we are committed to all doctors and place them at the heart of every decision we make. Reliable – we are doctors’ first port of call because we are trusted and dependable …
How much is bhp’s BMA worth?
After the sale or spin-off of the thermal and lower quality coking coal, only the BMA assets remain in the coal segment. “We value BMA at $US13.5b, or about 12 per cent of BHP’s net asset value, generating 10-13 per cent of group EBITDA.
Is bhp about to spin-off its coal assets?
The company has already flagged the sale of its thermal coal assets into a South 32-style spin-off and it was also likely to throw in its lower quality coking coal mines held in another joint venture BHP Mitsui Coal (BMC) RBC said this was likely to occur in the next 18 months in a deal that could be worth about $US2.7 billion ($3.5 billion).
Who is bhp’s prized coking coal division?
BHP’s prized coking coal division is a joint venture with Mitsubishi and known as BMA. It’s not only the state’s biggest coal producer, but a major employer and royalties payer.
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
