Original article by Matt Chambers
The Australian – Page: 18 : 29-Feb-16

BHP Billiton’s Mount Arthur mine in New South Wales currently produces about 10 per cent of the thermal coal that is exported from Australia each year. However, BHP CEO Andrew Mackenzie recently signalled that production at the mine could potentially be suspended unless there is a rebound in the coal price. The price of thermal coal was trading at almost $US150 per tonne in 2011, but Goldman Sachs recently forecast that it will average just $US48/tonne in 2016.

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