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Feb 17, 2021

Coal down but not out in BHP half-year wrap

Coal down but not out in BHP half-year wrap

BHP’s coal operations saw a $US1.1 billion ($AU1.4 billion) reversal in fortunes in the half-year result released this week, to make a $US201 million ($AU260 million) loss. The hit was mainly down to an underlying loss of $US180 million (EBITDA) from NSW thermal coal, while Queensland coal operations made an underlying EBITDA in the black…

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