BHP and Mitsubishi Development Pty Ltd are reviewing opportunities to undertake research, pilot new ideas, and develop and deploy new emissions reduction technologies.
Under the agreement, Southern Innovation will provide BHP with technical expertise to uncover solutions to specific challenges BHP faces in mineral exploration and extraction.
The purpose of the briefing is to provide an update on BHP’s approach to tailings storage facilities' management.
Today, a condemnatory lawsuit has been served on the Anglo-Australian mining conglomerate BHP Billiton for the deadly collapse if its dam in Brazil in 2017.
The company has said that it has completed Dam Risk Reviews for active, inactive and closed tailings storage facilities across its business since the failure of the Fundão dam at Samarco, Brazil, in 2015.
The restart of Samarco’s operations will occur only if it is safe, economically viable and has the support of the community.
SolGold is to issue 100 million shares to BHP Billiton, with BHP's interest increasing from 6.0% to 11.2%.
BHP has reached an agreement to settle the class action complaint regarding the Samarco dam failure. The company will pay the plaintiffs US$50 million, with no admission of liability.