On Monday the Queensland Treasurer said that BHP has “legal obligations” and if the company failed to “meet their mining development obligations without genuine commercial reason” the government had the power to “cancel those leases”.
Speaking to Sky News Australia for an interview that will air on this week’s Business Weekend, Mr Henry said that his past comments reflect “an uncontroversial position”. “[The BHP Mitsubishi Alliance] is investing over a billion dollars per year in sustaining production out of these assets and we think it's a high-quality business,” he said.
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