BHP Group decided to suspend coal investments in Queensland after the state government increased the coal royalty rate.

The pause of investment meant the Blackwater South mine in central Queensland would be stopped. The project was expected to create 750 construction jobs and 1,200 operation jobs. Also, the project may produce coal with 10 million tons annually.

From July 1, the Queensland state government raised the coal royalty rate, to 20% for prices over A$175/ton, 30% for prices over A$225/ton, and 40% for prices over A$300/ton.