BHP Launches Lower-Emission Copper Credit Pilot With Amazon

MT newswire2026/09/22 08:08

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04:08 AM EDT, 09/22/2026 (MT Newswires) -- BHP (BHP) said Tuesday it set up a pilot program with Amazon (AMZN) to trade carbon credits for lower-emission copper from the Escondida mine. The mining facility operates using renewable energy and desalinated water, the company said. The pilot will allow environmental attribute certificates to be issued for emissions reductions within the copper supply chain and purchased by downstream users, according to BHP. Amazon will apply the certificates against emissions from copper in its cooling systems, power gear, and artificial intelligence hardware, BHP said.

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According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.

华尔街见闻•2026/10/12 20:41