
BHP cuts 750 Queensland coal jobs
BHP cuts 750 Queensland coal jobs BHP (ASX: BHP) and Mitsubishi, as BHP Mitsubishi Alliance’s (BMA), will suspend operations at the jointly owned Saraji South coal mine with the operation being place in care and maintenance in November 2025. The companies attributed the closure to consistently weak metallurgical coal prices and the impact of the Queensland Government’s coal royalties — a scheme introduced in 2022 when coal prices were significantly higher. BMA president Adam Lancey says the Queensland coal industry is approaching a crisis point. “As joint owners of BMA, BHP and Mitsubishi do not want to see operations paused or...









