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BHP teams with Chinese firms on sustainability, brand slips

Mining giant BHP has signed an agreement with Chinese steelmaker HBIS to pilot carbon capture and utilisation technology and two separate agreements with copper producers China Copper and Daye Nonferrous to develop more sustainable value chains.

Pictured left to right: Vice President HBIS Group, Li Yiren, Chairman HBIS Group, Yu Yong, BHP Chief Executive Officer, Mike Henry, and BHP Chief Commercial Officer, Vandita Pant.

Pictured left to right: Vice President HBIS Group, Li Yiren, Chairman HBIS Group, Yu Yong, BHP Chief Executive Officer, Mike Henry, and BHP Chief Commercial Officer, Vandita Pant.

The deal with HBIS, a major iron ore customer of BHP, expands on work streams and will tap into the investment of up to US$15 million over three years, which was proposed in a 2021 memorandum of understanding...

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