BHP Billiton to Leave World Coal Association
April 04 2018 - 10:20PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--BHP Billiton Ltd., the world's largest listed mining
company, said it will leave the World Coal Association because of a
disagreement on climate policy.
BHP, which runs the world's biggest coking coal export
operations, announced in December it was reviewing its membership
in the coal industry body in part because it disagreed with the
association's call for Australia to abandon its clean-energy
targets.
"In light of the material difference identified by the review
and the narrow range of activities of benefit to BHP from
membership, BHP has reached a final view that it will cease
membership of the WCA," the miner said in a statement on its
website. The London-based association is a global lobbyist for coal
producers including Anglo American PLC and Glencore PLC.
It also reviewed its membership in the U.S. Chamber of Commerce,
which it on Thursday said it will retain.
"While the material differences identified by the review remain
at this time, BHP derives a range of benefits from the broader
activities of the Chamber, particularly its advocacy on economic
issues such as free trade," BHP said.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
April 04, 2018 23:05 ET (03:05 GMT)
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