BHP is determined to support its communities and regional economies, including Muswellbrook, during the coronavirus (COVID-19) threat by reducing payment terms for small, local and indigenous businesses.
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The mining giant will also make immediate payments of outstanding invoices.
The accelerated payment program is expected to deliver approximately $100 million more quickly into the hands of its small business partners.
BHP will reduce its payment terms to seven days (from 30 days) - including Mt Arthur Coal at Muswellbrook - for more than 1100 small Australian businesses, too.
CEO Mike Henry said looking after the well-being and safety of its people, communities and partners was the highest priority.
"We are taking action to reduce the risk of transmission at our sites, in our offices and in our communities," he explained.
"Our local and small business partners play a critical role in supporting our operations and our people.
"And, we know this is a very difficult time for them.
"We must look out for each other as we manage through this together."
BHP has also created a $6 million fund to support its labour hire companies and their employees.
The fund will be used for one-off payments for people quarantined after entering Australia and pay for labour hire employees not entitled to sick leave but affected by COVID-19.
"BHP spends about $1.5 billion annually with local Australian suppliers," Mr Henry added.
"The revised payment terms arrangements will take effect next week.
"In the meantime, we'll contact eligible small business partners with more information in coming days."
