BHP Mitsubishi Alliance (BMA) — met coal mine
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 30 June 2025
Description
As at 30 June 2025
50:50 steelmaking coal alliance with Mitsubishi in Queensland's Bowen Basin (Goonyella Riverside, Peak Downs, Saraji, Caval Ridge). FY2025 production 18 Mt (BHP share), -19% on the Blackwater/Daunia divestment completed 2 April 2024 (+5% excluding it, on improved truck productivity). FY2026 guidance 18-20 Mt (36-40 Mt 100% basis), H2-weighted, with unit costs of US$116-128/t (AUD/USD 0.65). Queensland royalty regime cited as constraining long-life capital investment.
Mining metrics
Multiple effective dates
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