World’s Biggest Miner BHP Invests in Power Technology to Decarbonize Mines
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BHP Group Ltd., the world’s biggest mining company, is investing in technology that uses surges of electricity to shatter rocks in a bid to cut energy usage and carbon emissions at mines.
The Melbourne-based firm has taken a stake in I-ROX, a pulsed-power venture owned by Robert Friedland’s I-Pulse Inc. and a European fund tied to Bill Gates’ Breakthrough Energy Ventures, the companies said Monday without disclosing the size of the investment.