Original article by Nick Evans
The Australian – Page: 17 & 20 : 18-Oct-19
BHP CEO Andrew Mackenzie has defended its membership of mining industry groups such as the Minerals Council of Australia and associated entities like Coal 21, amid growing pressure from activist groups and shareholders. Meanwhile, BHP has advised that scheduled maintenance work at Port Hedland resulted in its Pilbara iron ore production falling three per cent to 69 million tonnes in the September quarter. BHP has also approved additional expenditure of $US344m on the Jansen potash project in Canada, ahead of a final investment decision in February 2021.
BHP GROUP LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA, COAL 21
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.
BHP GROUP LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA, COAL21 LIMITED, BUSINESS COUNCIL OF AUSTRALIA
Original article by Peter Ker
The Australian Financial Review – Page: 6 : 30-Jan-18
The Australasian Centre for Corporate Responsibility will use Rio Tinto’s upcoming shareholders’ meetings in London and Melbourne to lobby the resources group to review its membership of the Minerals Council of Australia. Rio Tinto is said to have similar concerns as BHP Billiton regarding the MCA’s stance on issues such as climate change and coal-fired power generation. BHP will decide whether to retain its MCA membership by the end of 2018, in response to lobbying by the ACCR.
RIO TINTO LIMITED – ASX RIO, MINERALS COUNCIL OF AUSTRALIA, AUSTRALASIAN CENTRE FOR CORPORATE RESPONSIBILITY, BHP BILLITON LIMITED – ASX BHP, WHITEHAVEN COAL LIMITED – ASX WHC, WORLD COAL ASSOCIATION
Original article by Matt Chambers
The Australian – Page: 13 & 18 : 21-Dec-17
A Minerals Council of Australia spokesman says it intends to keep lobbying on the issues of climate and energy policy. This is despite BHP Billiton’s threat to cancel its membership if the MCA continues to advocate polices that are contrary to its own. However, BHP’s 50 per cent stake in the Bass Strait gas fields means it has less exposure to rising electricity prices on the east coast than fellow MCA members such as Rio Tinto and Glencore. BHP’s share of Bass Strait gas is equivalent to about 10 per cent of domestic demand for gas on the east coast. In contrast, BHP’s mining operations on the east coast account for around one per cent of National Energy Market demand.
BHP BILLITON LIMITED – ASX BHP, MINERALS COUNCIL OF AUSTRALIA, RIO TINTO LIMITED – ASX RIO, GLENCORE PLC, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY