BHP dumps Colombian coal mine in carbon exit drive

With $294m sale, project partner Glencore becomes sole owner of Cerrejon coal mine

20210630 Cerrejon mine

Production at Colombia's Cerrejon coal mine is due to decline significantly after 2030, according to Glencore. © Reuters

FUMI MATSUMOTO, Nikkei staff writer

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.

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