Tag Archives: Laura Tyler

BHP signs cloud technology pacts with Amazon Web Services and Microsoft

BHP has selected Amazon Web Services (AWS) and Microsoft as long-term cloud providers to help improve safety, productivity, and reliability across its globally-operated assets.

The collaborations with AWS and Microsoft will support two distinct parts of BHP’s operations, it said.

AWS will power BHP’s digital transformation by providing capabilities in data analytics and machine learning to rapidly deploy digital solutions globally to improve operational performance.

Microsoft, through its Azure platform, will host BHP’s global applications portfolio. This will enable BHP to leverage its existing Microsoft licences and SAP applications portfolio and help to reduce its reliance on regional data centres, it said.

Microsoft says its multi-year strategic partnership with BHP will build on its existing Microsoft Cloud foundations with Office 365, Dynamics 365 and Azure, and will enable BHP to improve safety, productivity and sustainably at its frontline operations across Australia, the Americas and globally.

It added: “Microsoft will help deliver strong digital capability, data support and security, which will help BHP accelerate its journey to cloud, transitioning its global applications including SAP, in a portfolio move to Azure. This represents the transition of up to 17,500 TB of data to Azure.”

BHP Chief Technical Officer, Laura Tyler, said collaborating with two world-leading cloud providers highlighted the importance of cloud to support BHP’s digital transformation.

“Digital technology is in everything we do at BHP, from how we connect to our customers and partners every day to how we extract and find resources more safely and sustainably,” she said.

“We are leveraging next-generation technologies like cloud, machine learning, and data analytics to solve complex business problems and unlock value even faster.

“Cloud is the foundation to our plans, and it will enable us to deploy digital solutions to the frontline quickly and at scale. Cloud will dramatically reduce the amount of hardware on sites and reduce costs.

“We are thrilled to have AWS and Microsoft on board to ensure we have a strong foundation to accelerate our digital transformation plans and lift capability across the business.”

Freeport-McMoRan and BHP Ventures jump aboard the Jetti Resources tech train

Jetti Resources’ plan to rapidly rollout its breakthrough copper extraction technology has been given a boost with the announcement of $50 million in funding from the likes of Mitsubishi Corp, Freeport-McMoRan, BHP Ventures, Orion Resource Partners, and funds and accounts advised by T Rowe Price Associates Inc.

The Series C funding round was led by existing strategic investor, Mitsubishi Corporation, and included new investment from the other firms mentioned.

“Mitsubishi, an existing strategic shareholder of Jetti, has further deepened its involvement as an investor as part of a shared vision for transforming the copper industry,” Jetti said. “Mitsubishi’s extensive networks both upstream with copper mines and downstream with end users of copper are invaluable as Jetti enters the rapid growth phase of its development.”

Since the completion of its Series B capital raise in 2019, Jetti says it has commercially proven the effectiveness of its technology at Capstone Mining’s Pinto Valley Mine in Arizona. During the first year of Capstone’s partnership with Jetti, cathode production per area irrigated doubled, and discussions to expand this partnership are ongoing.

In addition, Jetti has significantly strengthened its Board and management team to support the next phase of its development, bringing on Chip Goodyear, the former CEO of BHP, and Trevor Reid, the former long-standing CFO of Xstrata PLC.

Jetti has a pipeline of 23 projects at various stages, including five active pilots and three opportunities transitioning to commercial status.

Following the close of its $50 million Series C financing, Jetti will have raised more than $100 million for the development and deployment of its technology.

Mike Outwin, CEO and Co-Founder of Jetti Resources, said: “Jetti’s financing round has been backed by two of the world’s largest copper mining companies, a leading global copper trader and mine owner, and a premier institutional investment fund and mining private equity group. These industry leaders recognise the potential for Jetti’s environmentally friendly technology to unlock vast untapped copper resources within their portfolios.”

Outwin said the funds raised will enable Jetti to further deploy its technology across large-scale copper mining operations.

“We look forward to working with all investors to accelerate the adoption of Jetti’s technology and deliver much needed ‘green copper’ to meet the world’s needs for a low-carbon electrified future,” he added.

Norikazu Tanaka, Group CEO, Mineral Resources Group, Mitsubishi Corporation, said: “Mitsubishi recognised the revolutionary nature of Jetti’s technology in 2019, and since then the team has not only proven its efficacy at scale but prudently identified a range of opportunities for its adoption at existing mines.

“They are naturally now expanding to create the critical mass required for the next stage of growth to meet the requirements of a low carbon global economy. We are thrilled to deepen our strategic partnership with Jetti through our increased investment and by leveraging Mitsubishi’s extensive networks both upstream with copper mines and downstream with end users of copper. We believe this partnership can make a significant contribution to more efficient development, conservation, and supply stability of the world’s limited copper resources.”

Josh Olmsted, Freeport-McMoRan’s President and Chief Operating Officer-Americas, said: “We are pleased to partner with Jetti, as we pursue technologies to improve copper production from leach stockpiles, reduce our carbon footprint, and supply responsibly produced copper to a global market with increasing demand. Freeport’s assets are well situated to test this technology, and we look forward to advancing opportunities to deploy the technology where appropriate at our operating locations.”

Laura Tyler, Chief Technical Officer, BHP said: “Jetti’s technology has the potential to unlock new copper production safely, productively and responsibly. To support renewable technologies and decarbonisation goals in limiting global warming to 1.5°C we expect global copper demand could double over the next 30 years, compared to the past 30 years.

Through our BHP Ventures team, we are delighted to invest in and partner with Jetti and help create opportunities for its innovative technology to progress a greener future.”

Jetti’s patented catalytic technology is designed to allow for the efficient and effective heap and stockpile leach extraction of copper. The company’s technology bolts onto existing solvent extraction/electrowinning leaching plants so it can be deployed rapidly with limited capital expenditure and, because it uses no heating or grinding, it has low operational costs. In addition, there are huge environmental benefits from using leaching over pyrometallurgy, according to Jetti.