Evolution Mining Extends Cowal Operation to 2042; BHP Continues Coal Mine Operations for Four More Years, Plans $10 Billion Pumped Hydro Project

Evolution Mining's board has approved a project that will extend the Cowal operation in New South Wales until 2042. This decision was confirmed in multiple reports, indicating a strategic move to enhance the longevity of the mining site. Meanwhile, BHP has announced that it will continue operations at its largest coal mine in New South Wales for an additional four years, with plans to develop a major pumped hydro project on part of the site. This initiative is part of BHP's broader strategy to diversify its operations, which also includes a $10 billion investment in a Canadian potash mine aimed at reducing reliance on iron ore.