You are here: Home > Steel News > Latest Steel News > BHP...

BHP and HBIS Group ink agreement on carbon capture and utilization technology in China

Monday, 27 March 2023 11:10:23 (GMT+3)   |   Istanbul

Australian miner BHP Billiton has announced that it has signed agreement with Chinese steelmaker HBIS Group for a demonstration of carbon capture and utilization technology at the latter’s steelmaking operations in Hebei.

“This collaboration between BHP and HBIS will provide a strong example for the industry to follow towards the wider deployment of carbon capture, utilization and storage and towards achieving major reductions in the carbon emission intensity of steel production,” Mike Henry, BHP’s chief executive officer, said.

In 2021, BHP signed a memorandum of understanding with HBIS to invest $15 million over three years to jointly study and explore greenhouse gas emission reduction technologies and pathways, as SteelOrbis previously reported.


Similar articles

Transaction activity improves in Chinese iron ore market

16 Jan | Scrap & Raw Materials

Little change in local Chinese manganese ore market

24 Sep | Scrap & Raw Materials

Latest situation in Chinese manganese ore market

17 Sep | Scrap & Raw Materials

Little change observed in Chinese manganese ore market

02 Jul | Scrap & Raw Materials

Chinese manganese ore market mostly trends sideways

28 May | Scrap & Raw Materials

Chinese manganese ore market mostly stable, but with some downticks

26 Mar | Scrap & Raw Materials

Slight downticks in Chinese domestic manganese ore market

19 Mar | Scrap & Raw Materials

Chinese manganese ore market still rises but at slower rate

06 Mar | Scrap & Raw Materials

Chinese manganese ore market moves in upward direction

08 Jan | Scrap & Raw Materials

Stability in Chinese manganese ore market amid low inventory at ports

16 Oct | Scrap & Raw Materials