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World’s Biggest Miner Scraps Immediate Thermal-Coal Exit

ADELAIDE, Australia—The world’s largest mining firm deserted the sale of its final thermal coal mine, and stated it could goal to shut the Australian pit in 2030.

Despite record-high coal costs, BHP Group Ltd. stated it did not discover a purchaser for the Mt Arthur mine, which is certainly one of Australia’s greatest coal operations however is technically complicated and may have a big cleanup invoice when it closes.