Advertisement
Electric & new energy vehicles
BusinessChina EVs

CATL, BYD join BHP to electrify Australia’s mines with fast-charging machines, locomotives

The Chinese firms will collaborate with BHP on battery development for mining equipment, locomotives and rapid charging infrastructure.

Reading Time:2 minutes
Why you can trust SCMP
Australian mining giant BHP’s Mount Newman iron ore mine in Western Australia. BHP aims to achieve net-zero operational greenhouse gas emissions by 2050. Photo: AFP
Yujie Xue
Contemporary Amperex Technology (CATL) and BYD have signed initial agreements with Australian mining giant BHP to collaborate on battery technology and electrification of mining operations, as both mainland firms explore new growth avenues amid a weakening outlook for electric vehicles (EVs).

Melbourne-based BHP said on Monday that it had signed memorandums of understanding (MOUs) with CATL, the world’s largest battery maker, and FinDreams Battery (FDB), a fully owned subsidiary of BYD, the world’s largest EV maker, to collaborate on battery development for mining equipment, locomotives and fast-charging infrastructure.

CATL and FDB will also focus on energy storage systems and battery recycling options, leveraging BHP’s copper operations to enhance recycling processes and create sustainable value chains in the mining sector.

Advertisement

BHP said its partnership with BYD involved evaluating the Chinese EV maker’s commercial and light vehicles for mining applications to reduce diesel use.

Visitors look at the fast-charging battery from CATL that promises 520km from 5 minutes of charging. Photo: AP
Visitors look at the fast-charging battery from CATL that promises 520km from 5 minutes of charging. Photo: AP

“Together with forward-thinking mining companies like BHP, we aim to demonstrate how advanced battery technologies can decarbonise mining operations, logistics and product delivery,” said Tan Libin, head of overseas business at CATL. This would accelerate a sustainable and efficient future while creating long-term value and transform the global mining industry through innovation, he added.

Advertisement

The signing of the MOU represented a pivotal milestone for accelerating decarbonisation across the global resources sector, said Jack Li, a general manager at FDB.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x