4BC Breakfast with Peter Fegan

'$1.5b in royalties, $160m in profit': BHP blames high royalties for job cuts


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Mining giant BHP announced yesterday that it will sack 750 workers in Queensland and suspend low-margin operations.

BHP Mitsubishi Alliance Asset President Adam Lancey joined Peter Fegan on 4BC Breakfast to explain exactly why the company has had to make this decision.

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4BC Breakfast with Peter FeganBy 4BC