BHP 0.95% $43.40 bhp group limited

BHP see troubled waters ahead, page-3

  1. 10,438 Posts.
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    I am a concerned citizen of Australia and I'm entitled to criticise BHP management for screwing around with the Australian economy which relies almost totally on minerals exports. You don't care and thats ok but I rewrote that piece somewhere else and I'll keep improving it in other forums. We all have a stake in BHP either directly or indirectly and the Treasurer certainly knows how coal and iron ore prices affect the tax bottom line even if you won't.

    ECONOMIC EMERGENCY

    'Social value' is good business for BHPAustralia's resources champion says “a disorderly" transition to a low-carbon world has the potential to threaten the viability of entire commodities in its product suite" was headline by Matthew Stevens of AFR today.

    This means BHP can see trouble in the future for the whole resource sector and it thinks it can do it all on its own using $400 million by playing around with Greenies and dumping the Mineral Council. Well, what a way to manage the big Australian eh?It sees trouble for the whole Australian economy but it won't participate in open and frank discussions with the people that matter their shareholders first, the whole mining industry, RBA & State & Federal Governments. This is an economic emergency.

    Qld voters already know the effects the Greenie policies are having in Qld but the Melb & Sydney lefties don't seem to know and BHP won't lift a finger to educate them better otherwise we would not have teachers supporting school children having climate strikes to help destroy our economy.
 
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