BHP Group Ltd - Melbourne-based resource mining company - Signs a memorandum of understanding with Yindjibarndi Energy Corp to explore energy solutions for its Pilbara iron ore operations. Yindjibarndi is a Perth, Australia-based renewable energy partnership between Yindjibarndi Aboriginal Corp and ACEN Corp which "seeks to develop, construct and operate renewable energy and storage projects on Yindjibarndi Ngurra [country] in Western Australia's Pilbara region." BHP says the partnership will enhance "efforts to enable technically and commercially viable decarbonisation of heavy industry in Pilbara, while contributing to Western Australia's broader decarbonisation ambitions."
Daniel Heal, BHP vice president, Western Australia Nickel & Operational Decarbonisation, says: "Working with YEC allows us to explore practical, on-the-ground solutions that bring together energy capability, local knowledge and a shared commitment to long-term outcomes for the region."
Current stock price: AUD61.28
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By John Robaina, Alliance News reporter
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