• Copper Conc. TC 25%min CIF Chinadown(-3)  07-04|Chrome Lump S.A. 38%min CIF Chinadown(-7)  07-04|Zircon Sand S.A. Zr(Hf)O2 66%min CIF Chinadown(-50)  07-04|Zircon Sand Australian Zr(Hf)O2 66%min In port Chinadown(-50)  07-04|Coal Tar Pitch Coking Value 53%min EXW Chinadown(-100)  07-04|Molybdenum Scrap Cutting 99.95%min Ex-VAT EXW Chinaup(8)  07-04|Yttrium Oxide 99.999%min In warehouse Rotterdamup(0.3)  07-04|Selenium Powder 99.9%min Delivered Indiaup(50)  07-04|Chrome Lump S.A. 38%min In port Chinadown(-1)  07-04|Silico-manganese 60/14 EXW Chinaup(100)  07-04|Silico-manganese 65/17 EXW Chinaup(100)  07-04|Rebar HRB400 20mm In warehouse Guangzhouup(50)  07-04|Flake Graphite +195 EXW Chinadown(-100)  07-04|Ferro-silicon 75%min In warehouse Rotterdamdown(-20)  07-04
  • BHP invests in startup seeking to make emissions-free steel

    2021-01-12 13:08:01   [Print]
    BHP Group has invested in a startup company seeking to develop less-polluting ways of making steel.

    Rather than set hard targets to reduce so-called Scope 3 emissions, companies like Rio Tinto Group and BHP have committed to working with the steel sector to help develop new technologies instead.

    BHP has previously pledged $400 million in research funding to tackle carbon emissions caused by its buyers. The company has also said it will tie a portion of bonus payments for key leaders to progress on lowering greenhouse gas emissions at both its own operations and those of its customers.

    BHP was among investors backing a $50 million fundraising round for Boston Metal, the startup said on Monday. The company, which already counts Bill Gates-founded Breakthrough Energy Ventures among its investors, is developing a method to replace coking coal in the steelmaking process with electricity, reducing emissions.

    The statement did not say how much BHP had invested in the funding round. Piva Capital and Devonshire Investors also participated.

    .Asian Metal Copyright Piva Capital and Devonshire Investors also participatedAsian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.