logo
BHP signs deals with CATL, BYD to use batteries in mines and vehicles

BHP signs deals with CATL, BYD to use batteries in mines and vehicles

Reuters5 hours ago
MELBOURNE, July 14 (Reuters) - Top global miner BHP (BHP.AX), opens new tab said on Monday it has signed preliminary deals with China battery giants CATL (300750.SZ), opens new tab and BYD to explore opportunities in battery development for mining equipment and transport.
The miner said it would explore opportunities in battery development for heavy mining equipment and locomotives, including fast-charging infrastructure with both companies, in two separate statements.
For CATL, it said it would also explore energy storage systems and battery recycling options at its mines.
With BYD unit FinDreams Battery, it will also consider using battery-powered commercial vehicles and light vehicles at mines to help displace its diesel use.
The agreements have the potential to cut BHP's direct emissions and may help reduce its power costs. BHP's medium-term target is to cut its operational greenhouse gas emissions by at least 30% by 2030 from 2020 levels.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Australia's CSL plans to cut one-third of R&D workforce, AFR reports
Australia's CSL plans to cut one-third of R&D workforce, AFR reports

Reuters

time38 minutes ago

  • Reuters

Australia's CSL plans to cut one-third of R&D workforce, AFR reports

July 14 (Reuters) - Australian biotech giant CSL ( opens new tab may lay off around one-third of its 2,500 research and development staff to streamline its operations and improve efficiency, the Australian Financial Review reported, opens new tab on Monday, citing an unnamed source. CSL did not immediately respond to a Reuters request for comment. CSL's head of R&D, William Mezzanotte, briefed staff of the move earlier this month, but the details will not be outlined to the market until the company releases its full-year results on August 19, AFR added. Mezzanotte reportedly said the company would consolidate its R&D teams at six sites, including Melbourne, and increasingly rely on external partnerships and possible acquisitions to fill any gaps, according to AFR. "We are streamlining the R&D organisation to foster collaboration, reduce duplication and improve efficiencies, and we are simplifying our operating mode," a CSL spokesman said, as per the AFR. CSL was established more than a century ago as a government laboratory focusing on manufacturing vaccines. It went public in 1994, and became one of the most valuable companies in Australia through the decades, largely due to its plasma collection business. CSL has invested around $5.8 billion in its R&D division over the past five years, which underpins its core businesses, including its most profitable plasma unit, CSL Behring. The company continues to expect annualised double-digit earnings growth over the medium term, as of February, even as its profit growth slowed in the first half of fiscal 2025.

New payment platform QwikPay launches in Australia
New payment platform QwikPay launches in Australia

Finextra

time2 hours ago

  • Finextra

New payment platform QwikPay launches in Australia

Australia's newest and most disruptive payment platform has officially launched, with QwikPay promising to eliminate the friction, fees and outdated infrastructure that have long held back innovation in the way Australian consumers pay and businesses get paid. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Founded by fintech entrepreneur Nik Bavisetti, QwikPay is a mobile-first, cardless, fee-free platform designed to completely transform the Australian payments landscape. Built on PayTo and PayID, Australia's next-generation payment rails, QwikPay eliminates the need for physical terminals, removes all per-transaction fees and enables instant QR code payments using just a smartphone. "QwikPay exists because the current system is broken," QwikPay founder and CEO, Nik Bavisetti said. "Traditional payment platforms are designed to benefit big banks and card companies, not the businesses and people who actually use them. Every time a customer taps a card, a cut is taken. That money doesn't go to the local café or the hairdresser or the tradesperson, it goes to the institutions running the network. "These large financial institutions have everyone under their thumb, taking money at every opportunity. "QwikPay shifts the power. It gives businesses control over their payment costs and removes those costs altogether for consumers." QwikPay represents a fundamental shift in how transactions are made in Australia; faster, cheaper and completely transparent. The platform is now live, fully operational and actively onboarding merchants and users around the country. A national movement to remove financial friction For decades, Australia's payments ecosystem has been dominated by card networks and intermediaries that take a fee from every transaction. Small businesses have been forced to either absorb these costs or pass them on to customers. QwikPay breaks that cycle for businesses with a simple, flat monthly subscription starting at just $39.99 and no per-transaction fees. There is no hardware required, no terminals and no contracts. Merchants can accept unlimited payments through their mobile device and receive real-time confirmation with every sale. Consumers simply scan a QR code to pay, securely, instantly and without any surcharges. "QwikPay gives power back to businesses and removes the invisible tax that Australians have been paying every time they buy a coffee, get a haircut or pay a tradie," Bavisetti said. "This isn't just a better experience, it's a better system that puts money back into the pockets of businesses giving them access to their funds instantly. They can withdraw any time. No hidden costs or fees." Built for Australians. Inspired by the world's best Globally, QR code and instant-payment technologies have revolutionised economies, from UPI in India to Pix in Brazil and PayNow in Singapore. These platforms have proven that removing barriers at the point of sale drives financial inclusion, increases efficiency and boosts local economic activity. QwikPay brings that same thinking to Australia. For the first time, businesses and consumers will have access to a national payment system that is mobile-first, cardless and entirely free from the outdated and costly card-based infrastructure. "Digital wallets and QR payments are no longer futuristic, they are the global standard," Bavisetti said. "With QwikPay, Australia now has a system that finally puts people ahead of institutions and makes payments work for everyone." Why this matters for the country QwikPay is more than a fintech solution, it is a new national utility for moving money. It empowers small businesses to grow without losing margins to processing fees and it gives consumers a simple, cost-free way to pay. It creates transparency at the point of sale and restores fairness in how money moves across the economy. With Australians increasingly relying on mobile devices for everyday interactions, QwikPay meets the moment. It strips away the need for cards, hardware and confusion, offering a seamless, secure and human-centred solution. "This platform has the potential to shift billions of dollars back into the hands of business owners and everyday people," Bavisetti said. "It removes the complexity, the cost and the control held by banks and card providers and replaces it with something more powerful; choice." QwikPay is now live and available across Australia. Merchants and consumers can sign up now at

iOS 18.6: Everything You MUST Know Before Updating
iOS 18.6: Everything You MUST Know Before Updating

Geeky Gadgets

time2 hours ago

  • Geeky Gadgets

iOS 18.6: Everything You MUST Know Before Updating

The iOS 18.6 update represents the final chapter in the iOS 18 series, emphasizing performance improvements and battery efficiency rather than introducing new features. This update is particularly significant for users of older devices, such as the iPhone XS, XS Max, and XR, as it marks the last supported update for these models. Understanding the details of this release will help you make an informed decision about whether to update and what to expect. The video below from iReviews gives us more details on iOS 18.6. Watch this video on YouTube. Release Schedule The official release of iOS 18.6 is scheduled for July 28, 2024, following a structured beta testing phase. If you're part of Apple's beta program, you can expect the Release Candidate (RC) version to be available around July 22, 2024. This timeline provides ample opportunity to prepare your device for the update, making sure a seamless transition to the final version. Staying informed about these dates is crucial to avoid delays and to take advantage of the update as soon as it becomes available. Device Compatibility The iOS 18.6 update is particularly important for owners of the iPhone XS, XS Max, and XR, as these devices will not support future updates like iOS 26. Installing this version ensures that your device remains functional and secure as Apple phases out support for these older models. By updating, you can extend the usability of your device, maintain its performance, and benefit from the latest stability improvements. If you own one of these models, this update is essential to keep your iPhone running smoothly for as long as possible. Key Features and Update Size The iOS 18.6 update is relatively compact, with an estimated size of 300-500 MB, making it quick to download and install. While it doesn't introduce new features or interface changes, it focuses on critical improvements that enhance the overall user experience. Key areas of improvement include: Performance Enhancements: The update improves system speed and responsiveness, making sure a smoother and more efficient user experience. The update improves system speed and responsiveness, making sure a smoother and more efficient user experience. Battery Optimization: Battery life is extended, allowing you to maximize usage between charges, particularly beneficial for older devices. Battery life is extended, allowing you to maximize usage between charges, particularly beneficial for older devices. System Stability: Under-the-hood adjustments enhance reliability, reducing the likelihood of crashes or performance issues. These updates are especially valuable for older devices, making sure they remain efficient and functional despite their aging hardware. Beta Testing Insights For those participating in the beta testing program, transitioning to the final public release of iOS 18.6 is highly recommended. While beta versions provide early access to updates, they often include bugs or inconsistencies that can negatively impact your device's performance. The Release Candidate, expected in late July, will closely resemble the final version, offering a stable preview of the update's improvements. By upgrading to the official release, you can ensure your device benefits from the most polished and reliable version of iOS 18.6. Downgrade Considerations If you're considering downgrading from iOS 26 to iOS 18.6, it's technically possible but generally not advisable. iOS 26 introduces advanced features and enhanced stability that may outweigh any perceived benefits of reverting to an older version. However, for users of devices like the iPhone XS, XS Max, and XR that do not support iOS 26, iOS 18.6 remains the best option for maintaining performance and stability. Carefully weigh the pros and cons before making a decision, as downgrading can sometimes lead to compatibility issues or data loss. Why Updating Matters If you're still running an earlier version of iOS 18, upgrading to iOS 18.6 is strongly recommended. This update ensures your device operates at peak efficiency, with noticeable improvements in speed, battery life, and overall reliability. For users of the iPhone XS, XS Max, and XR, this is your last opportunity to receive an official update before Apple discontinues support for these models. Updating now allows you to maximize the lifespan of your device and enjoy a more stable and optimized user experience. Final Thoughts The iOS 18.6 update is a critical release for users who prioritize performance and battery efficiency, particularly those with older devices nearing the end of their support lifecycle. By focusing on system stability and under-the-hood optimizations, this update ensures your device remains functional and reliable for as long as possible. For users of the iPhone XS, XS Max, and XR, this update represents a proactive step toward preserving the longevity and usability of your iPhone. Take the time to prepare your device and install iOS 18.6 to ensure you continue to enjoy a seamless and efficient mobile experience. Stay informed about the latest in iOS 18.6 update by exploring our other resources and articles. Source & Image Credit: iReviews Filed Under: Apple, Apple iPhone, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store