The Queensland Government has hit coal producers with its first royalty increase in more than a decade as the state looks to boost investment in regional hospitals.

The Queensland Government has hit coal producers with its first royalty increase in more than a decade as the state looks to boost investment in regional hospitals.
Stanmore Resources has completed its acquisition of BHP’s 80 per cent interest in BHP Mitsui Coal (BMC), adding a further 10 million tonnes (Mt) of metallurgical coal production to its portfolio.
BHP has divested its 80 per cent stake in BHP Mitsui Coal (BMC) to Stanmore Coal as the company targets higher quality metallurgical coal in its hunt for decarbonisation.