BHP Partners With BYD's FinDreams For Mine Electrification

A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF).

The partnership, announced today, will help the electrification of BHP's operations. The two parties will work on innovative battery-powered solutions for heavy mining machinery, light vehicle fleets, and the essential charging infrastructure, all aimed at helping BHP achieve its goal of lowering carbon emissions.

"This relationship is a further step towards BHP meeting our decarbonisation ambitions for our operations and helping to drive transformative change within the global resources industry," said Rashpal Bhatti, BHP's Group Procurement Officer. "BYD is at the cutting edge of battery innovation, and by working together, we can help shape a more productive and ...