China expects that Australian miner BHP (BHP.AX) take advantage of opportunities for cooperation in developing sectors including climate change and new energy while working on more advantageous joint ventures.
This is according to a statement from the foreign ministry on Tuesday.
The comments were delivered by China Deputy Foreign Minister Xie Feng at a meeting with BHP CEO Mike Henry on March 27, according to the ministry.
According to the release, Xie also expressed the expectation that BHP will do more to enhance China-Australian relations.
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The meeting comes amid a diplomatic thaw between Beijing and Canberra years after ties deteriorated amid questions over the origin of the COVID-19 pandemic and trade restrictions.
BHP announced last month that it signed memorandums of understanding with two Chinese copper producers to reduce emissions and improve energy efficiency in the smelting and refining processes.
The global miner also reached an agreement with Chinese steel company HBIS Group Co Ltd (000709.SZ) to trial carbon capture, utilisation and storage (CCUS) technologies.
Story adapted from Reuters
