Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeMiningNewsBHP cuts green push in iron ore segment, media report saysCompanies across sectors have taken recent steps to dilute commitments to emissions reduction amid rising costsAuthor of the article:Last updated 7 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.As of mid-2025, BHP reduced emissions by 36 per cent from the firm’s 2020 baseline, with progress driven by shifting 70 per cent of the company’s total electricity use to renewable sources. Photo by Philip Gostelow/BloombergBHP Group is pulling back on key decarbonization projects in its Western Australian iron ore operations, slowing a climate strategy the miner had once positioned as central to its long-term growth plans, according to leaked internal documents cited by the Guardian and ABC’s Four Corners.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe documents show the world’s biggest miner shelved a board-approved solar and battery project at its Jimblebar iron ore mine and deferred a 500 megawatt solar, wind and battery system. BHP also abandoned plans for a lower-emissions iron ore processing facility, that had the potential to prevent 1.7 million tons of emissions a year, according to the report.Companies across sectors from banking to airlines and energy producers have taken recent steps to dilute commitments to emissions reduction amid rising costs, a lack of available technologies or political pressure. Rio Tinto Group, BHP’s largest competitor, in December lowered its estimated spending through 2030 on decarbonization to US$1 billion to US$2 billion, from a previous estimate of as much as US$6 billion.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againAs of mid-2025, BHP reduced emissions by 36 per cent from the firm’s 2020 baseline, with progress driven by shifting 70 per cent of the company’s total electricity use to renewable sources, a spokesperson said. However, many of the technologies the resources industry will need to achieve net zero — notably in heavy earth moving and bulk logistics equipment — “are not yet ready to be deployed,” the spokesperson said.BHP is running trials with its partners of battery-electric haul trucks and locomotives to “support the acceleration of this technology,” the spokesperson said.The rollback is likely to intensify scrutiny from investors and environmental groups, who argue that the company’s spending decisions could influence the pace of the nation’s decarbonization ambitions.—With assistance from William Clowes. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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