BHP will shut down a coal mine within the NSW Hunter Valley after failing to draw a purchaser for it.
The mining large introduced it didn't obtain a viable provide for New South Wales Power Coal (NSWEC), which controls the Mount Arthur open-cut coal mine south of Muswellbrook.
The mine employs about 2000 individuals and is the biggest within the state.
BHP at the moment has mining consent to function at Mount Arthur till 2026, however is in search of an extension to maintain mining there till 2030.
BHP stated working till 2030 was the "optimum monetary consequence when in comparison with alternate choices".
After the 2030 monetary yr, BHP will shut the mine.
Rehabilitating the location is predicted to take one other 10 to fifteen years.
The mine was solely mining coal for the worldwide market after ceasing home gross sales in 2020.
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