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Mining Rivals Join Forces: Rio Tinto & BHP Partner On Electric Truck Trials
Yesterday, Rio Tinto Group (NYSE:RIO) and BHP Group Limited (NYSE:BHP) announced their plan to collaborate to test large battery-electric haul truck technology in the Pilbara, Western Australia.
The partnership reflects the individual commitments made by BHP, Rio Tinto, Caterpillar, Inc.(NYSE:CAT), and Komatsu Ltd. (OTC:KMTUY) to support BHP’s and Rio Tinto’s shared target of net zero operational greenhouse gas emissions by 2050.
As per the deal, BP and Rio plan to work with manufacturers Caterpillar and Komatsu to conduct independent trials of their battery-electric haul trucks in the Pilbara environment. These trials are the first stage of battery-electric haul truck testing at BHP’s and Rio Tinto’s Pilbara operations.
BHP President Australia Geraldine Slattery said, “Replacing diesel as ...