Port of South LouisianaTMS Awards 2023Bühler GmbHCimbriaSailors SocietyTelestack
  • Van Aalst
  • Telestack
  • Bühler GmbH
  • TMS Awards 2023
  • Port of Stockton
  • Vigan

BHP and Mitsubishi to reduce emissions

BHP and Mitsubishi to reduce emissions

(Posted on 21/06/19)

BHP and Mitsubishi Development Pty Ltd have signed an MOU agreement to work together in the pursuit of emissions reductions, including from the life-cycle use of marketed products.

In Tokyo today, BHP Chief Executive Officer, Andrew Mackenzie, said the MOU marked the start of an important collaboration with one of BHP’s essential long-term industry partners.

‘BHP is committed to accelerating the development of emerging technologies that have the potential to achieve material reductions in greenhouse gas emissions,’ Mr Mackenzie said.

‘Our new collaboration with Mitsubishi Development demonstrates the important role the private sector can play in bringing these technologies to market.

‘Both companies are committed to emissions reductions in a range of industries, including the steel industry.

‘Our Japanese partners and customers are critical to the development of new technologies and approaches to emissions reductions that stand to benefit countries across the globe.’

Mitsubishi Development Pty Ltd (MDP) Managing Director and CEO, Sadahiko Haneji, said this MOU is an important initiative for a company engaging in mineral resource activities in Australia, such as MDP.

‘Mitsubishi Corporation Group, and therefore MDP, is committed to simultaneously generating economic value, environmental value, and societal value through all business activities it conducts,’ Mr Haneji said. 

‘In line with this principle and guided by commitment to corporate social responsibility as well as global climate targets, MDP is enhancing its efforts to generate further environmental value, to help society transition to a low-carbon future. 

We are confident that this partnership with BHP will help us to achieve our goal, as well as contribute to the sustainable future of our local and global communities.’

BHP and Mitsubishi Development Pty Ltd are reviewing opportunities to undertake research, pilot new ideas, and develop and deploy new emissions reduction technologies.

The collaboration with Mitsubishi Development forms part of BHP’s global program of projects in China, Canada, the United States and Australia to progress low emissions technology. This is in addition to the near-term and longer term targets BHP has set for emissions reductions within the Company’s global operations.

‘At BHP, we work with customers, suppliers and parties along our value chain to influence emissions reductions across the full life-cycle of our products,’ Mr Mackenzie said. 

‘As well as investments in emerging technologies, we set greenhouse gas emissions reduction targets for our operations, we build the resilience of our operations and communities to the physical impacts of climate change, and we work across sectors to strengthen the global policy and market response.’

Latest News

SSAB invests $74 Million to expand steel production in Alabama

(Posted on 07/05/25)

Highly-specialised global steel company, SSAB has announced a significant investment of approximately... Read more


GGC welcomes new Canadian government and urges farm priorities action

(Posted on 01/05/25)

Grain Growers of Canada (GGC) has welcomed Prime Minister Mark Carney and all Members of Parliament... Read more


US Soybean growers disappointed in 2;4-D Anti-Dumping and Countervailing Duties vote

(Posted on 30/04/25)

The International Trade Commission in the USA has voted in favour of imposing final anti-dumping (AD... Read more


Ukraine already sown two million hectares of spring grains

(Posted on 28/04/25)

As of April 25, 2025, farmers in all regions of Ukraine have sown 2M hectares (ha) of spring grain and... Read more


Condobolin rail upgrade fast-tracks NSW grain

(Posted on 25/04/25)

GrainCorp’s rail site at Condobolin, in the heart of central west New South Wales, Australia,... Read more


Rio Tinto and AMG assess low-carbon aluminium project in India

(Posted on 22/04/25)

Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have... Read more


BHP record iron ore and copper production demonstrates resilience

(Posted on 22/04/25)

BHP has released its Operational Review for the nine months ended 31 March 2025.BHP Chief Executive... Read more


WTO: Trump’s tariffs will shrink global trade

(Posted on 16/04/25)

The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions... Read more


$235million syndicated loan agreement to boost UAE trade with Trafigura

(Posted on 15/04/25)

In a strategic move to empower UAE exporters and advance the nation’s economic diversification... Read more


Anglo American update on sale of steelmaking coal business to Peabody

(Posted on 15/04/25)

Anglo American plc has noted the recent statement issued by Peabody Energy in relation to the definitive... Read more


Port of StocktonViganGeneva DryTBA GroupVan Aalst
  • Sailors Society
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping