BHP Group Limited (BHP.AX,BLT.L,BBL,BHP) and its joint venture partner Mitsubishi Development Pty Ltd or MDP, a unit of Japan’s Mitsubishi Corp. (MBC.L,MSBHY.PK), announced Wednesday their agreement to divest the Blackwater and Daunia mines to Whitehaven Coal for cash consideration of up to $4.1 billion. These mines are part of Queensland-based metallurgical coal joint venture BHP Mitsubishi Alliance or BMA, in […]

Read more