BHP Group Limited (NYSE:BHP) shares are trading higher on premarket Thursday. The company reported that it is the first customer to test Caterpillar, Inc's (NYSE:CAT) technology, which is aimed at improving the energy efficiency and sustainability of large mining trucks.
The trial will take place at BHP sites, supporting the company's efforts to enhance operational efficiency in its mining operations.
Earlier this week, Caterpillar launched its Cat Dynamic Energy Transfer (DET) solution at MINExpo, showcasing technology capable of transferring energy to both diesel-electric and battery-electric mining trucks while in operation.
The DET system can charge electric haul truck batteries as the trucks move, offering flexibility by being easier to relocate than traditional fixed overhead trolleys used for similar purposes.
In 2021, BHP announced a collaboration with Caterpillar to deploy zero-exhaust emissions mining trucks at BHP's sites as part of its commitment to reducing operational greenhouse gas (GHG) emissions.
This partnership has provided valuable hands-on learning opportunities to ensure the successful deployment of these technologies at BHP locations.
Through the collaboration, both companies have worked together to shape the necessary processes, technology, and infrastructure to support the integration of diesel-electric and battery-electric mining trucks, paving the way for more sustainable mine sites in the future.
BHP's Chief Commercial Officer, Ragnar Udd, said, "Innovation and technology will play a crucial role as we work towards BHP's goal of net zero operational emissions by 2050, and we are determined to keep building Partnerships like this to achieve this objective."
Denise Johnson, Caterpillar Group President, stated, "BHP has been part of our Early Learner program from the beginning, providing valuable feedback. We look forward to continuing that collaboration as we work together to trial the Cat DET system on both diesel electric and battery electric trucks at BHP's sites."
"This is an important next step to validate the crucial energy management solutions needed to support not only BHP and Caterpillar, but also the broader mining industry."
Investors can gain exposure to the stock through the Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF (NYSE:CRIT) and Exchange Traded Concepts Trust Range Global Coal Index ETF (NYSE:COAL).
Price Action: BHP shares are up 4.30% at $60.21 premarket at the last check Thursday.
BHP集团有限公司（纽交所：BHP）股价周四盘前交易上涨。该公司报告称，它是首个测试卡特彼勒公司（纽交所：CAT）技术的客户，该技术旨在提高大型采矿卡车的能源效率和可持续性。
试验将在BHP工地进行，以支持该公司努力增强采矿作业的运营效率。
本周早些时候，卡特彼勒在MINExpo推出了其Cat Dynamic Energy Transfer（DET）解决方案，展示了能够在运营过程中向柴电和电池电力采矿卡车转移能量的技术。
DEt系统可以在卡车行驶时为电动运输车电池充电，通过比传统固定架空推车更易于搬迁的方式提供灵活性，传统推车常用于类似用途。
2021年，BHP宣布与卡特彼勒合作，在BHP工地部署零排放的采矿卡车，作为其减少运营温室气体（GHG）排放承诺的一部分。
这一合作关系为确保这些技术在BHP地点成功部署提供了宝贵的实践机会。
通过合作，两家公司共同努力塑造必要的流程、技术和基础设施，以支持柴电和电池电力采矿卡车的整合，为未来更可持续的矿山地点铺平道路。
BHP首席商务官Ragnar Udd表示：“创新和技术将在我们努力实现BHP到2050年零运营排放目标的过程中发挥至关重要的作用，我们决心继续构建这样的伙伴关系来实现这一目标。”
卡特彼勒集团总裁Denise Johnson表示：“BHP从一开始就是我们早期学习者计划的一部分，提供了宝贵的反馈。我们期待继续合作，共同在BHP的工地上对Cat DEt系统进行试用，包括柴电和电池电动卡车。”
“这是验证对支持不仅仅是BHP和卡特彼勒，还有更广泛矿业行业所需的关键能源管理解决方案的重要下一步。”
投资者可以通过Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF (NYSE:CRIT)和Exchange Traded Concepts Trust Range Global Coal Index ETF (NYSE:COAL)获得该股的收益。
股价走势：周四最后检查时，BHP股价涨跌幅为4.30%，报60.21美元。
