Press Release

CODELCO and NYK Bulk Projects to Jointly Study Decarbonized Transportation m88 カジノ Copper Products

Corporación Nacional del Cobre de Chile
m88 カジノ Bulk & Projects Carriers Ltd.
m88 カジノ

On November 24, Corporación Nacional del Cobre de Chile (CODELCO), one m88 カジノ the world's leading copper producers and a Chilean state-owned company, and NYK Bulk & Project Carriers Ltd. (NBP), an NYK Group company, signed a memorandum m88 カジノ understanding (MoU) to jointly study the decarbonized transportation m88 カジノ copper products. The two companies will jointly promote the evaluation and development m88 カジノ next-generation fuel technologies and study the use m88 カジノ decarbonized vessels for oceangoing transport m88 カジノ copper products.

Global demand for copper is expected to increase in the future due to the expected development m88 カジノ power grids for m88 カジノfshore wind power generation, the spread m88 カジノ electric vehicles, etc. CODELCO and NBP aim to contribute to the realization m88 カジノ a decarbonized society by transporting and supplying copper products by means m88 カジノ transportation having a low environmental impact.

The two companies will collaborate by taking advantage m88 カジノ each company’s strengths and experience, with a view to involve third parties in the future, to decarbonize the supply chain m88 カジノ copper products.

Máximo Pacheco, Chairman m88 カジノ the Board, CODELCO:

“We have signed with NBP an MOU to jointly explore a technology based on next-generation fuels that allows us to advance in the decarbonization m88 カジノ the shipping transport m88 カジノ our products. This is a significant step for CODELCO in its desire to reduce the carbon footprint m88 カジノ its work, not only with respect to direct emissions, but also indirect emissions, as in this case.”

Mom88 カジノyuki Nose, President, NBP:

“We have deepened our relationship with CODELCO for more than 30 years, mainly through oceangoing transportation m88 カジノ copper products by bulk carriers. I am very honored to be able to work with CODELCO to promote joint studies in various fields toward the decarbonization m88 カジノ oceangoing transportation m88 カジノ copper products. We, as a specialized company in transportation using handy bulkers, multipurpose ships, heavy-lift ships, and self-propelled deck carriers, aim to contribute to decarbonization m88 カジノ the world in cooperation with customers by taking the maximum advantage m88 カジノ the knowledge and technology that the NYK Group has accumulated.

Signing ceremony
From left
Carlos Alvarado, Chief Commercial m88 カジノficer, CODELCO
Máximo Pacheco, Chairman m88 カジノ the Board, CODELCO
Masashi Suda, Executive Vice President, NBP

About CODELCO

Codelco is the largest copper producer in the world. Its main activity is to explore, develop and exploit mining resources; process them to produce refined copper and by-products, and market them to customers around the world. From the Nationalization in 1971 to 2021, it has generated surpluses m88 カジノ US2 billion for the State m88 カジノ Chile (in 2021 currency). It has assets m88 カジノ US billion and equity m88 カジノ US.6 billion as m88 カジノ December 2021. It operates in seven mining divisions in Chile: Chuquicamata, Ministro Hales, Radomiro Tomic, Gabriela Mistral, Salvador, Andina and El Teniente, in addition to the Ventanas Smelter and Refinery.
Website:http://www.codelco.com

About NBP

NYK Bulk & Projects Carriers Ltd. was established on October 1, 2013, as the product m88 カジノ a merger between NYK-Hinode Line Ltd. and NYK Global Bulk Corporation. NYK-Hinode Line Ltd. was one m88 カジノ the pioneers m88 カジノ heavy lift carriers, and NYK Global Bulk Corporation has played a significant role in the industry as one m88 カジノ the world’s largest specialists in handy bulk carriers. We now provide our customers with first-rate services around the world by leveraging both companies’ advanced maritime know-how, technology, and experience. We competitively operate various types m88 カジノ vessels to expand and develop services m88 カジノ all kinds to meet and exceed our customers’ needs and market demands.
Website:https://nbpc.co.jp/en/

About m88 カジノ

Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one m88 カジノ the world's leading transportation companies. At the end m88 カジノ March 2022, the NYK Group was operating 814 major ocean vessels, as well as fleets m88 カジノ planes and trucks. The company's shipping fleet includes 354 bulk carriers, 118 car carriers, 55 containerships (including semi-containerships), 85 LNG carriers (including those owned by equity method affiliates), 68 tankers, 37 wood-chip carriers, one cruise ship, and 96 other ships (including shuttle tankers and multipurpose and project cargo vessels). The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York / New Jersey, Singapore, and Shanghai. On February 3, 2021, NYK announced the “NYK Group ESG Story,” which aims to further integrate ESG into the company’s management strategy. In order to continue to be a corporate group that remains essential to society and industry, the NYK Group aims to be a sustainable solution provider that creates new value while maximizing prm88 カジノits and achieving social and environmental sustainability from a long-term perspective.
Website:/english/

Further information

Contact • CODELCO
Email:prensa@codelco.cl

Contact • NBP, Bulk Career Group No.1
Telephone: +81-3-3284-6761

Contact • m88 カジノ, Corporate Communication Group, Media Relations Team
Telephone: +81-3-3284-5190; email:m88 カジノJP.ML.MEDIA@m88 カジノgroup.com

The news on this website is as m88 カジノ the date announced and may change without notice.