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Energy

BHP weighs pullout from coal mining as investors grow greener

Anglo-Australian giant sees promise in copper and nickel for electric cars

BHP may sell its stake in Australia's MacArthur coal mine.    © Reuters

SYDNEY -- BHP Group might sell off coal assets, the mining giant's chief hinted Tuesday, joining global peers in the move toward environmentally sustainable businesses as retail and institutional investors grow more sensitive to such issues.

"We increasingly have concluded that this is not a business that is going to offer the prospects for growth and would compete for capital ... compared to our other businesses," CEO Andrew Mackenzie said on an earnings call.

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