BHP Group Limited has reached a project milestone with the Flat Rocks Wind Farm in Western Australia, as more than half of the 18 wind turbines have been installed. This wind farm is part of BHP's efforts to reduce greenhouse gas emissions and decarbonize its operations. BHP has set a medium-term target to reduce operational greenhouse gas emissions by at least 30% from FY2020 levels by FY2030. The company is actively working on emissions reduction projects to achieve this goal.
In addition, BHP has approved a US$4.9 billion investment in stage two of the Jansen potash project in Saskatchewan, Canada. This investment demonstrates BHP's commitment to the potash industry and its long-term growth prospects. The Jansen potash project is expected to be one of the world's largest and most competitive potash mines once fully operational.
Furthermore, BHP has announced the divestment of the Blackwater and Daunia mines, which are part of the BP Mitsubishi Alliance (BMA) metallurgical coal joint venture in Queensland. BHP and Mitsubishi Development Pty Ltd (MDP) have signed Asset Sale Agreements for the divestment. This divestment aligns with BHP's strategy to focus on commodities that are essential for the transition to a low-carbon economy.
Lastly, BHP's Nickel West operations at Leinster have achieved a major milestone with the B11 block cave becoming fully operational. This marks a significant achievement for BHP's Nickel West operations and highlights the company's commitment to the nickel industry.
Overall, these developments demonstrate BHP's commitment to sustainability, decarbonization, and strategic investments in key projects.