Overview

• BMA said the Saraji South site near Dysart will enter care and maintenance from November 2025 as lower‑margin areas prove uneconomic.
• The joint venture blamed Queensland’s progressive royalty regime and weaker coking coal prices, citing an effective 67% tax rate and government charges outweighing profit eight-to-one last year.
• The Crisafulli government rejected calls to change the 2022 settings, with the deputy premier calling BHP “unAustralian” and the policy described as locked in until 2029–30.
• BHP said it is reviewing its Mackay FutureFit apprenticeship academy, with its WA division continuing operations.
• The company warned it would not commit new investments in Queensland under current conditions, raising concerns for regional jobs and supply chains where BMA is a major employer and buyer.