Coal still drives a quarter of BHP's profits - The Australian Financial Review
8/16/2022 12:00:00 AM2 years 8 months ago
by Tony Boyd
by Tony Boyd
BHP chief Mike Henry keeps stressing the company’s growing contribution to the energy transition. But the fossil fuel accounts for a big chunk of its success.
Henry is a pragmatist. He is clearly in favour of the rational allocation of capital towards a commodity that is going to become increasingly valuable to the Chinese steel mills as they decarbonise. … [+1933 chars]
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