It was actually relating to new mining projects - obviously they'll invest what they need to invest to keep existing projects going
"Today’s confirmation by Australia’s biggest mining company that significant new investment in Queensland is on hold"
https://www.australianmining.com.au/bhp-confirms-pause-on-new-qld-investments/
https://www.copyright link/companies/mining/bhp-says-queensland-investment-off-the-cards-after-coal-hike-20230623-p5dixi
Ann: Suspension from Quotation, page-215
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