I worked in BHP many years. The mantra is Teir1 assets. This allows them to be virtual signaling and inefficient. The strategy has worked well for them.
Daunia and Blackwater are not Tier 1 assets.
However they are stacked with BHP rubbish and huge head office overheads. A massive cleanout would make them profitable. Clean out HR that hire wrong people anyway. Clean out safety that spend their day investigating their own Butt.
Clean out large portion of 50% female engineers chosen from 10% of graduates. Some great ones in there but mediocrity rules and they only go to site for Facebook photo shoots.
Halve the workforce by relocating to labour staved NSW mines.
Then these mines have value.
Downside?, page-388
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