BHP invests in start-up seeking new era of emissions-free steelmaking
Bill Gates-backed Boston Metal is developing a method to replace coking coal in steelmaking with electricity
11 January 2021 - 18:59
London — BHP Group, the world’s biggest mining company, has invested in start-up company Boston Metal seeking to develop less-polluting ways of making steel.
While many in the mining industry have outlined how they plan to curb their own direct pollution, those emissions are a fraction of ones produced by customers, with steelmaking one of the biggest global emitters. Rather than set hard targets to reduce so-called Scope 3 emissions, companies such as Rio Tinto and BHP have committed to working with the steel sector to help develop new technologies instead...
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