BHP to review membership of coal lobby

Original article by Peter Ker
The Australian Financial Review – Page: 23 : 6-Sep-19

BHP says the latest review of its membership of industry associations will include Coal21, which has links to the Minerals Council of Australia. The resources giant is under growing pressure to sever its links with pro-coal lobbyists, but it has recommended that shareholders vote against a resolution calling for it to cancel its membership of the MCA due to the latter’s stance on climate change. Meanwhile, CFO Peter Beaven says BHP would be open to selling its coal assets at the right price; he adds that a decision on a proposed brownfield expansion of the Olympic Dam copper mine may be delayed until 2022.

CORPORATES
BHP GROUP LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA, COAL21 LIMITED, BUSINESS COUNCIL OF AUSTRALIA

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