Divestment Review
Since commencing a review of our lower grade metallurgical and thermal coal assets in August 2020, we have announced the divestment of our interests in BHP Mitsui Coal in Queensland and Cerrejón in Colombia, and announced our plan to proceed to a managed closure of Mount Arthur Coal by 2030.
We have announced the divestment of our Blackwater and Daunia mines, which are part of our BMA portfolio.
Mount Arthur Coal pathway
Following a review of all available options, BHP has made a decision to keep Mt Arthur Coal in its portfolio and seek the relevant approvals to continue mining beyond its current mining consent that expires in 2026, as part of a responsible process to cease mining in 2030 and provide a pathway to closure for the operation.
BHP completes the divestment of its BMC interest
BHP has completed the sale of its 80 per cent interest in BHP Mitsui Coal (BMC) to Stanmore SMC Holdings Pty Ltd, a wholly owned entity of Stanmore Resources Limited (Stanmore Resources).
BHP completes the divestment of its Cerrejón interest following clearance in Colombia with commitments
Questions and support
We recognise the impact of uncertainty. If you need assistance, speak to your line manager, the Employee Assistance Program or someone you’re comfortable with.
You can also email the Divestment Review mailbox and a dedicated team will answer your query or direct it to the right place.
You can also email the Divestment Review mailbox and a dedicated team will answer your query or direct it to the right place.