Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business

BHP announces sale of Daunia and Blackwater coal mines, citing royalty hike frustration

Daunia mine has only been open since 2013. (Supplied: BHP)

Mining giant BHP is selling two of its central Queensland coal mines, citing a drop in profits and increased royalties in the state.

The company has reported a 32 per cent drop in its half-year profit, equating to $9.3 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.