
BHP has used its half-yearly results to criticise the NSW and Queensland governments for their recent interventions into the coal market, saying it was now selling two Queensland mines as a result, and would not put any more "growth" capital into its Mount Arthur mine at Muswellbrook, which made it more than $US1.2 billion in the six months to December 31.
Overall, BHP's after-tax profit of $US6.457 billion was down 32 per cent on the previous corresponding period (to December 31, 2021) from revenues of $US25.713 billion, down 16 per cent.