BHP (BHP.AX,BLT.L,BBL,BHP) announced that it has entered into a Memorandum of Understanding with FinDreams Battery Co., Ltd, a wholly owned subsidiary of BYD Group. The partnership will explore powertrain battery solutions for heavy mining equipment and locomotives, supported by adjacent flash-charging infrastructure.
Additionally, the companies will assess the potential use of BYD commercial and light vehicles in BHP's mining operations to advance its diesel displacement strategy.
BHP noted that the strategic collaboration aims to identify technologies and pathways that further enable the decarbonisation of BHP's mining activities and contribute to a more sustainable future for the global resources industry.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.