BHP And Mitsubishi Sign MOU To Reduce Greenhouse Gas Emissions
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(Kitco News) - BHP and Mitsubishi Development Pty Ltd signed a memorandum of agreement on Thursday to work together in the pursuit of emissions reductions, including from the life-cycle use of marketed products.
"BHP is committed to accelerating the development of emerging technologies that have the potential to achieve material reductions in greenhouse gas emissions," said BHP Chief Executive Officer, Andrew Mackenzie.
"Our new collaboration with Mitsubishi Development demonstrates the important role the private sector can play in bringing these technologies to market."
BHP and Mitsubishi Development Pty Ltd are reviewing opportunities to undertake research, pilot new ideas, and develop and deploy new emissions reduction technologies.
BHP listed past low-emission investments:
Japan is BHP's second largest customer. Sales to Japan were US$4.7 billion in FY18, up 50% on the previous year.
BHP's partnership with Japan began in the 1960s when the company opened its first office in Tokyo in 1965. The first shipment of coal was sent in 1968 and the first shipment of iron ore in 1969.
Today, BHP supplies iron ore, coal, copper, nickel, uranium, LPG and LNG to our Japanese customers
Written with material from BHP Billiton news release.