China-Australia relations: BHP makes another anti-pollution deal with major Chinese steel producer



Su-Lin Tan | SCMP

Anglo-Australian miner BHP has signed its second carbon-emissions deal with Chinese steel mills in four months, as China’s top legislative body this week emphasised the importance of reducing harmful emissions.

BHP signed a memorandum of understanding (MOU) with one of its major customers, Chinese steel producer HBIS Group, to invest up to US$15 million over three years in a joint study to explore technologies that could help reduce greenhouse gas pollution.

BHP and HBIS Group, one of China’s largest steel mills, will prioritise the research on hydrogen-based direct reduction technology; the recycling and reuse of steelmaking slag; and the role of iron ore lump utilisation to help reduce emissions from ironmaking and steelmaking.

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