ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Environment

BHP and China Baowu Steel join forces to shrink carbon footprint

Aussie mining company will help develop green tech for Baowu mills

BHP will help develop technology to reduce carbon emissions from iron ore processing.   © Reuters

SYDNEY -- Australian mining heavyweight BHP has agreed with China Baowu Steel Group to develop technologies for lowering greenhouse gases, with plans to spend up to $35 million under a five-year partnership.

When a blast furnace uses coal-derived coke to extract iron from ore, large quantities of carbon dioxide are released. To limit this, BHP and Baowu will research and develop technologies for carbon capture, utilization and storage. Carbon dioxide from Baowu steel mills could be sequestered underground, for example.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more