Australian mining giant BHP Group said on Monday that it has signed an agreement for piloting of carbon capture and utilization technology with China's HBIS Group Co Ltd.

Australian mining giant BHP Group said on Monday that it has signed an agreement for piloting of carbon capture and utilization technology with China's HBIS Group Co Ltd.

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

US steelmaker Nucor kept its plate prices flat last week in its latest price announcement for the products.

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

The total amount of investment will be US$125 million.

Production rose by 1.3pc year on year, with an output of 384,000t in 2022 compared with 379,000t in 2021.