Looks like BHP and Wyloo part their ways at hydrogen.  Soon we will see how much they want to have an 'early stage entry' into the ring.  They can invest some of those hundreds of billions of dollars into a new green mining camp.

=================================================

https://www.afr.com/companies/mining/bhp-boss-expects-australia-china-to-bury-the-hatchet-20211008-p58y9c

BHP won’t follow Fortescue into green steel

“Hydrogen is going to have its day ... [but] we don’t think it’s going to be a business that is attractive for BHP.”

He said the amount of investment required to convert all of BHP’s iron ore using hydrogen would amount to hundreds of billions of dollars, “well in excess of BHP’s current market cap”.

“We hope he [Mr Forrest] is successful because these are the sorts of things that need to happen. We think it’s more like the 2030s that those sorts of approaches start to have an impact,” he said.

=====================================Mr Henry said BHP’s future growth would come from several sources: innovation – “to unlock more of the resources we already have”; a “disciplined” approach to mergers and acquisitions; “early stage entry”; and exploration, which had “increased substantially”.