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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
FUMI MATSUMOTO, Nikkei staff writer | Australia

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.

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