SYDNEY -- Australian mining heavyweight BHP Group has decided to divest a $294 million stake in a Colombian thermal coal project in response to criticism from environmentalists.
With $294m sale, project partner Glencore becomes sole owner of Cerrejon coal mine
Production at Colombia's Cerrejon coal mine is due to decline significantly after 2030, according to Glencore. © Reuters
SYDNEY -- Australian mining heavyweight BHP Group has decided to divest a $294 million stake in a Colombian thermal coal project in response to criticism from environmentalists.