MANAGEMENT

Strategic value to flow from BHP's Daunia and Blackwater sales

A DECISION by BHP to offload non-core metallurgical coal assets could be timely as steel producers increasingly turn to "coal-free" steel production technologies such as electric arc furnaces over the present conventional blast furnaces.

 BHP's Daunia mine is a difficult deposit geologically and has the additional challenge of a relatively short mine life.

BHP's Daunia mine is a difficult deposit geologically and has the additional challenge of a relatively short mine life.

Earlier this year, BHP signalled it would sell its non-core metallurgical coal mines at Blackwater and Daunia, Queensland, citing environmental, social and governance grounds. Datt Capital chief investment...

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