SYDNEY, April 11 (Reuters) - BHP Billiton BLT.L> said on Wednesday it will cease production at its loss-making Norwich Park coal mine in Australia, citing low output, high costs and soft coal prices.
“Norwich Park mine has been losing money for several months,” a statement by BHP said.
The mine, yielding metallurgical coal used in steelmaking, is operated under a 50-50 partnership between BHP and Mitsubishi Corp.
Recent industrial action at the mine contributed to lower production, according to BHP. (Reporting by James Regan; Editing by Paul Tait)