{"id":8517,"date":"2023-12-11T09:26:46","date_gmt":"2023-12-10T22:26:46","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8517"},"modified":"2023-12-24T09:27:25","modified_gmt":"2023-12-23T22:27:25","slug":"bhp-signs-major-decarbonisation-deal","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2023\/12\/11\/bhp-signs-major-decarbonisation-deal\/","title":{"rendered":"BHP signs major decarbonisation deal"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"KELSIE TIBBEN<\/a><\/p>\n\n\n\n

\"BHP<\/figure>\n\n\n\n

BHP has signed a deal with one of the world\u2019s largest steelmakers for a major decarbonisation collaboration.<\/p>\n\n\n\n

Together, BHP and China\u2019s HBIS Group will trial direct reduced iron (DRI) production aimed at lowering blast furnace carbon emissions.<\/p>\n\n\n\n

The companies will use BHP iron ores in blends at HBIS\u2019s newly commissioned DRI plant and then evaluate the performance of the DRI in downstream steelmaking steps.<\/p>\n\n\n\n

The DRI plant uses hydrogen-rich gas by-products in the steelworks to convert ore into a metallic iron product that is further refined for steel.<\/p>\n\n\n\n

\u201cHBIS Group is a key partner to BHP and an industry leader in assessing and demonstrating a range of potential pathways to reduce GHG in steelmaking,\u201d BHP chief executive officer Mike Henry said<\/a>.<\/p>\n\n\n\n

\nhttps:\/\/6ab1f20be5f74ed60529054396b25021.safeframe.googlesyndication.com\/safeframe\/1-0-40\/html\/container.html\n<\/div><\/figure>\n\n\n\n

\u201cOur work with customers like HBIS Group, together with our own actions, aims to accelerate progress in reducing greenhouse gas emissions right along the value chain.\u201d<\/p>\n\n\n\n

An enhanced lump second stage trial will commence focusing on the existing blast furnace steelmaking route.<\/p>\n\n\n\n

This stage aims to reducing carbon emissions by increasing the use of direct-charge lump and reducing the need for agglomerated feed which requires fossil fuel energy.<\/p>\n\n\n\n

As the latest collaboration agreement between BHP and HBIS, the project will tap into the investment of up to $US15 million over three years proposed by BHP and HBIS in an earlier memorandum of understanding signed in 2021.<\/p>\n\n\n\n

\u201cHBIS and BHP are aligned in their aims to help develop greener, low-carbon solutions that can reduce emissions in steelmaking, leveraging on our long-standing and trusted relationship that we have forged over several years,\u201d HBIS chair Yu Yong said.<\/p>\n\n\n\n

\u201cThe agreement signed today is another landmark following our substantive cooperation in areas such as CCUS, and highlights HBIS\u2019s efforts to build a low-carbon raw material supply chain.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

KELSIE TIBBEN BHP has signed a deal with one of the world\u2019s largest steelmakers for a major decarbonisation collaboration. Together, BHP and China\u2019s HBIS Group will trial direct reduced iron (DRI) production aimed at lowering blast furnace carbon emissions. The companies will use BHP iron ores in blends at HBIS\u2019s newly commissioned DRI plant and … Continue reading “BHP signs major decarbonisation deal”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-8517","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2dn","jetpack-related-posts":[{"id":8867,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/10\/08\/bhp-locks-in-green-steel-deal\/","url_meta":{"origin":8517,"position":0},"title":"BHP locks in green steel deal","author":"yinghui","date":"October 8, 2024","format":false,"excerpt":"Kelsie Tibben Image: JHVEPhoto\/shutterstock.com BHP has locked in a deal to support India\u2019s steelmaking decarbonisation journey. 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In 2016, the company began planning for a new operation to potentially replace\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7978,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/06\/09\/bhp-and-rio-top-pwc-global-miner-report\/","url_meta":{"origin":8517,"position":3},"title":"BHP and Rio top PwC global miner report","author":"yinghui","date":"June 9, 2021","format":false,"excerpt":"Five Australian mining companies have been named among the world\u2019s Top 40 miners in Pricewaterhouse Coopers\u2019 (PwC) annual Mine 2021 report, with early forecasts suggesting the industry will record the second highest net profits in 18 years. 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