BHP has signed an MOU with China’s HBIS Group Co. Ltd, with the intention of investing up to US$15 MM over three years to jointly study and explore greenhouse gas emissions reduction technologies and pathways.

Under the partnership, BHP and HBIS Group intend to collaborate on three priority areas: hydrogen-based direct reduction technology, the recycling and reuse of steelmaking slag, and the role of iron ore lump utilization to help reduce emissions from ironmaking and steelmaking.

The partnership aims to help both companies progress toward their climate change goals, and support the steel industry’s role in helping to achieve China’s ambitions to be carbon neutral by 2060.

The MoU with HBIS Group follows recent partnerships established with major steelmakers China Baowu and JFE to explore emissions reduction from steelmaking.