BHP Pullout: Another Big Aussie Renewable Project Bites the Dust
2 hours ago Eric Worrall
Essay by Eric Worrall
“… the miner binned the plans last year because of budget cuts. …”
BHP scraps renewable energy projects, casting doubt on emissions targets
By energy reporter Daniel Mercer
Mining giant BHP has dumped plans to build a major renewable energy project at its flagship iron ore operations, sparking claims the company is slowly walking away from efforts to decarbonise.
In 2023, BHP announced it would spend about $US2 billion ($3 billion) building more than 500 megawatts of large-scale wind, solar and battery projects to clean up and electrify its iron ore business in Western Australia’s Pilbara region.
…
But internal BHP documents seen by the ABC show the miner binned the plans last year because of budget cuts.
The company instead suggested it would pursue other “commercial arrangements” to bring on renewable energy projects.
“Due to capital constraints, the project has ceased,” BHP noted in one document seen by the ABC.
“Its scope has been transferred to the larger WAIO [WA Iron Ore] renewables program which seeks to deliver renewables through commercial arrangements,” the document read.
https://wattsupwiththat.com/2025/09/09/bhp-pullout-another-big-aussie-renewable-project-bites-the-dust/
