BHP is seeking approval from Australia’s government to extend the life of a metallurgical coal mine in Queensland for almost a century, drawing the ire of climate groups. Moneyweb MiningNews
BHP is seeking approval from Australia’s government to extend the life of a metallurgical coal mine in Queensland for almost a century, drawing the ire of climate groups. The development application, via a joint venture with Mitsubishi Corp., would ensure the continuation of the Peak Downs Mine “for up to approximately 93 years,” according to a filing published by the Australian government.
a Swedish joint venture of steelmaker SSAB AB, miner LKAB and power company Vattenfall AB, has already produced fossil-free iron pellets, and plans to have a green steel demonstration plant ready by 2026. German steelmaker Thyssenkrupp AG is working with BP Plc to develop green steel technology, while iron ore miner Rio Tinto Plc is involved with Australia’s Bluescope Steel Ltd. on a similar project.
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