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09 Jun
08:59

BHP Billiton invests in Chinese carbon capture project

BHP Billiton plans to provide AUD 9.5 million ($7m) to an environmental research project led by Peking University, Kallanish notes. This is intended to make breakthroughs in the use of carbon capture, use and storage technology (CCS) in the Chinese steel industry, the company said this week. China accounts for around 47% of global steel production and use, and China is the second largest buyer of Australian coal, BHPB notes. In last fiscal year ending March 2016…
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