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Slow-Walkers In The Green Steel Industry

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BHP — not just Australia’s largest miner but the world’s largest miner — is aggressively seeking to reduce its carbon footprint. It is the company’s ambition to reduce operational emissions by at least 30 per

“During the 2021 financial year, iron ore made up the highest level of Scope 3 emissions at BHP, producing 260.7 million tons of CO2 across this timeframe. By March 2021, BHP had instituted partnerships with three separate Chinese steelmakers to investigate ways of decarbonizing steelmaking, an industry intrinsically fueled by iron ore.”

“Through BHP Ventures, which is solely focused on developing early-stage technology companies and start-ups, there are other decarbonization endeavors in the works.

 

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