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BHP will write down the value of its New South Wales Energy Coal business next month by US$1.15-1.25 billion.
BHP's Mt Arthur coal mine in the Hunter Valley, which makes up the NSW Energy Coal division
The company said the post-tax impairment related to property, plant and equipment, as well as recoverability of associated tax losses, resulting in net operating assets of $250-350 million.
BHP's carbon reduction announcements at odds with big petroleum investment, writes Barry FitzGerald
