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AAP

Business

Marion Rae

UNBELIEVABLE: Bhp prepares for more global uncertainty - Caught on Camera

BHP Mike Henry Queensland

BHP has warned of global uncertainty in the months ahead, and slammed the coal tax imposed by Queensland as a barrier to investment in green energy and industry.

"The near tripling of top end royalties by the Queensland government remains a serious concern and threat to investment and jobs in that state," BHP said in a market update on Wednesday.

BHP sees strong long-term demand from global steelmakers for Queensland's high-quality metallurgical coal.

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