Australian coal miner BHP Mitsubishi Alliance (BMA), a joint venture between the Australian miner BHP Billiton and the Japanese Mitsubishi, will suspend Saudi Saraji’s southern mine since November 2025, putting this site in the tackle and maintenance, according to the report, according to the report, according to the report Reulters. This step will lead to a loss of 750 jobs.
. Coking Coal from the complex is a critical raw material for creating steel.
reasons for the suspension
Adam Lancy, the president of assets in the BMA, was due fees and market conditions:
. At a price above $ 175/tons and a higher level of 40 percent at prices of more than $ 300/tons. Previously, royalties were limited to 15 percent of coal above $ 150/tons. BHP General Director Mike Henry criticized the increase in royalties, calling him, imposed without industrial consultation.
Meanwhile, the prices of coal of the coxons that grew above $ 600/million. After Russia's invasion of 2022, to Ukraine and since then, until 190 US dollars/million are normalized.
. He emphasized that although the medium -term demand for solid coke coal remains strong, maintaining operations in the regions of mines with a lower margin is no longer viable in the framework of the current structure of costs. The suspension reflects constant pressure on the miners in Queensland, balancing market impotence, state taxation and state taxation and state taxation and state taxation and Royal work and growing operational costs
