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Speculation mounts over BHP's $10bn Qld coal empire

Jul 06, 2026 (Herald Sun - ABIX via COMTEX) --

BHP has declined to comment on media reports that the resources group will consider divesting some of its coal mines in Queensland under new CEO Brandon Craig. BHP's coal division posted EBITDA of just $US600m in 2025, compared with $US6.4bn in fiscal 2024; the sharp downturn followed the sale of its Blackwater and Daunia mines, as well as a rise in production costs. BHP has also been a vocal critic of Queensland's coal royalties regime. The state's Mining Minister Dale Last has also declined to comment on BHP's possible asset sales, stating that mining companies are investing in Queensland because they know that it is "open for business"..

Publication Date: 7 July 2026

BHP GROUP LIMITED - ASX BHP
QUEENSLAND.  DEPT OF NATURAL RESOURCES AND MINES, MANUFACTURING AND REGIONAL AND RURAL DEVELOPMENT
comtex tracking

COMTEX_486105728/2229/2026-07-06T20:15:45

By Duncan Evans

Copyright 2026 Roy Morgan Research. All Rights Reserved.

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