Queensland coal mines to be sold after BHP offer rejected | ABC News
Anglo American will sell all of its Australian coal mines after rejecting a takeover bid from rival BHP.
It owns five steel-making coal mines in Queensland's Bowen Basin — Moranbah North, Capcoal, Dawson, Aquila and Grosvenor.
Anglo American chief executive Duncan Wanblad said the changes would come in "urgently" and the sale of its Australian assets would be used to "reset" the company's balance sheet.
The announcement is "unnerving" for small communities like the rural town of Middlemount which are "fundamentally wrapped up" with the mines, Isaac Mayor Kelly Vea Vea said.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-05-15/anglo-american-mining-bhp-coal-coking-steelmaking-bowen-basin/103848430
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Видео Queensland coal mines to be sold after BHP offer rejected | ABC News канала ABC News (Australia)
It owns five steel-making coal mines in Queensland's Bowen Basin — Moranbah North, Capcoal, Dawson, Aquila and Grosvenor.
Anglo American chief executive Duncan Wanblad said the changes would come in "urgently" and the sale of its Australian assets would be used to "reset" the company's balance sheet.
The announcement is "unnerving" for small communities like the rural town of Middlemount which are "fundamentally wrapped up" with the mines, Isaac Mayor Kelly Vea Vea said.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-05-15/anglo-american-mining-bhp-coal-coking-steelmaking-bowen-basin/103848430
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Видео Queensland coal mines to be sold after BHP offer rejected | ABC News канала ABC News (Australia)
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
The burden of not knowing, a sister's perspective on grieving a missing person | ABC NewsSprinter hoping for financial lifeline to get coach to Paralympics | ABC NewsUNSW report released shows government spending on drug prevention and law enforcement | ABC NewsDo Marsh's Aussies have the pieces to win the World Cup?How de Minaur is winning matches and hearts in ParisMacquarie Island 'flourishing' 10 years after pest-free status | ABC NewsAustralians missing out on billions in gas royalties each year | The Business | ABC NewsHow Jimmy Rees has reinvented his career | 7.30Farmers encouraged to embrace the benefits of the dung beetle | ABC NewsGame of Thrones' Littlefinger actor Aidan Gillen on playing a charming sociopath | 7.30Why Finland's schools outperform most others across the developed world | 7.30Nearly a third of Australians don't ask for hardship assistance despite rising debts | The BusinessThe first tropical cyclone of the season could form in coming days | ABC NewsHundreds of builders have gone bust this year and more are expected to follow | 7.30Quantum computing discovery by Aussie company brings technology closer than ever | News BreakfastDefence force delivers airdrop to Antarctica | ABC News'Nat's What I Reckon' shares his rules for life | News BreakfastMarch quarter GDP figures expected to show a weakening economy | ABC NewsFormer Australian cricketer Andrew Symonds killed in car crash | ABC NewsHouse prices rose almost 1 per cent in month of May | ABC NewsIndonesia's 'filthy rich officials' named and shamed by social media users | The World