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BHP Partners With BYD's FinDreams For Mine Electrification - BYD (OTC:BYDDF), BHP Group (NYSE:BHP)

BHP signed Memorandums of Understanding with CATL and BYD's subsidiary FinDreams Battery today to advance electrification of its mining operations.
These partnerships respond to high energy costs and the need to cut greenhouse gas emissions as BHP targets a 30% emissions reduction by 2030.
BHP and partners will collaborate on battery development for heavy mining machinery, locomotives, fast charging, and battery recycling to reduce diesel use and emissions.
Rashpal Bhatti described the agreements as an important advancement in BHP’s efforts to reduce carbon emissions, highlighting that BYD’s battery technology will contribute to creating a more sustainable future for the mining industry.
This collaboration advances BHP’s commitment to eliminate operational greenhouse gas emissions by 2050 and may serve as a blueprint for reducing carbon footprints across the global mining industry.

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Nikkei

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BHP inks battery partnerships with China's BYD and CATL

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BHP Partners With BYD's FinDreams For Mine Electrification - BYD (OTC:BYDDF), BHP Group (NYSE:BHP)

A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF). The partnership, announced today, will help the electrification of BHP's operations. The two parties will work on innovative battery-powered solutions for heavy mining machinery, light vehicle fleets, and the essential charging infrastructure, all aime…

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