World’s largest miner abandons immediate exit from thermal coal

ADELAIDE, Australia—The world’s biggest mining company has scrapped the sale of its last thermal coal mine and said it will aim to close the Australian pit in 2030.

Despite record coal prices, BHP Group Ltd. said he had not found a buyer for the Mt Arthur mine, which is one of Australia’s largest coal mines but is technically complex and will have a large clean-up bill when it closes .