Australia's BHP signed memorandum of understanding with Chinese battery manufacturer CATL

Australian mining and metals company BHP announced on Monday that it has signed a memorandum of understanding with Chinese battery manufacturer CATL.

• The partnership will explore potential collaboration in battery technology for mining equipment and locomotives, including fast-charging infrastructure.
• The two companies will also examine energy storage systems and battery recycling solutions for BHP’s mining operations.

This article was written by Eamonn Sheridan at www.forexlive.com.