BHP aims to have curbed emissions from steelmaking customers by 2050

Investing.com | Sep 14, 2021 at 3:05 AM
  • BHP Group (NYSE:BHP) on Tuesday laid out its aim to achieve net zero emissions by 2050 from the operations of its customers by working with them to cut carbon out of their processes.
  • The miner characterised its aim as an ambitious “goal” rather than a concrete target, since it has yet to determine a specific pathway to reach it.
  • Steelmaking is expected to be one of the slower sectors to decarbonise because it requires the combustion of carbon and iron at high temperatures, creating carbon dioxide as a byproduct.