BHP leads global steelmakers group to accelerate decarbonisation in Asia

BHP, the world's largest miner, is leading a global consortium of steelmakers and other firms involved in raw materials and energy to explore the development of carbon capture, utilisation and storage (CCUS) hubs across Asia via a pre-feasibility study, according to the company's news release on Monday.

The consortium comprises India's largest privately-owned steelmaker JSW Steel, South Korea's second-largest integrated steelmaker Hyundai Steel, ArcelorMittal Nippon Steel India, the 60-40 joint venture between Japan's Nippon Steel and Luxembourg-based steel giant ArcelorMittal, major Japanese trading house Mitsui & Co., and Texas-based global energy giant Chevron Corp, the release