India, July 13 -- BHP (BHP.AX,BLT.L,BBL,BHP) announced that it has signed a Memorandum of Understanding with Contemporary Amperex Technology Co., Limited or CATL. This strategic collaboration supports BHP's goal to reduce Scope 1 and 2 emissions through electrification solutions.
Together, BHP and CATL will explore opportunities in battery development for mining equipment and locomotives, including rapid-charging infrastructure. The partnership will also examine energy storage systems and battery recycling options tailored to BHP's operational needs.
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As part of the agreement, the two companies intend to identify pathways to electrify BHP's mining operati...