BHP Billiton and Japanese trading company Mitsubishi have decided to sell their joint venture Blackwater and Daunia mines in Queensland.
High inflation and high inflation in weak commodity prices, which reduced its six-month profit, were the primary reasons for this decision. Weak commodity prices, which decreased the company's six-month profit, were among the reasons for this decision.
The Queensland government decided last year to increase coal royalties. BHP Group will focus on future-oriented commodities such as copper and nickel, raw materials used in renewable energy and electric cars.
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