Short term pain - long term gain

BHP's coal profits down 52% and an ambitious one port plan to increase output by 30% in five years

Australia’s biggest coking coal exporter, BHP, has reaffirmed its commitment to the Bowen Basin, calling its BMA business a premium asset and coal an attractive commodity “positively leveraged to global megatrends”.

The company has mapped out a five-year plan to increase production by nearly 30%. However, it plans to do this without