BHP Secures Third Renewable Power Deal for Copper SA

BHP has entered into its third and largest renewable electricity supply arrangement for Copper SA, taking another step forward in its operational decarbonisation and unlocking significant new investment in renewable generation in the state.

Under this baseload electricity arrangement, 100 megawatts (MW) of renewable electricity will be supplied to power BHP's Copper SA province, including the Olympic Dam mine, smelter and refinery as well as the Carrapateena and Prominent Hill operations.

It will be supported by output from the first 300 MW of Neoen's Goyder North Wind Farm, firmed by their new Goyder Battery with a minimum capacity of 200 MW / 800 MWh, and Neoen's in-house energy management expertise. Both assets are currently under development near Burra in South Australia's mid-north, with BHP as the primary customer.

Neoen expects these two assets to create up to 550 construction jobs and 20 permanent jobs, supporting regional employment while contributing to the state's energy transition.

This marks BHP's third renewable electricity supply arrangement in South Australia in the past four years and its second renewable electricity supply arrangement with Neoen.

This commitment aligns with BHP's medium-term target to reduce operational greenhouse gas emissions (Scopes 1 and 2 emissions from its operated assets) by at least 30% by FY2030 from an adjusted FY2020 baseline and contributes to our long-term goal to achieve net zero operational greenhouse gas emissions by CY2050.

Combined with the existing Neoen renewable electricity supply arrangement that successfully commenced in July 2025, this new electricity supply arrangement is expected to meet approximately 70% of Copper SA's electricity needs from renewable electricity in FY2030, based on current forecast demand. This new arrangement is part of BHP's ongoing efforts to induce investment in renewable electricity supply that has seen it support five major projects in South Australia:

• Neoen's Goyder North Wind Farm and Goyder Battery

• Neoen's Goyder South Stage 1 Wind Farm and Blyth Battery

• Iberdrola's Port Augusta Renewable Energy Park

Anna Wiley, Asset President, Copper SA, BHP

"BHP's Copper SA operations are taking another step forward in our decarbonisation journey with its third renewable power arrangement. We are using the size and scale of our copper operations to underpin significant new investment in renewable electricity in South Australia.

"Today's announcement with Neoen will secure 100 megawatts of electricity by combining output from the Goyder North Wind Farm with storage from the Goyder Battery backed up by Neoen's energy management expertise, helping to power our copper province.

"This arrangement reflects our commitment to more sustainable operations and long-term partnerships. Together with our initial arrangement with Neoen, we expect to be able to meet about 70 per cent of Copper SA's electricity needs from renewable electricity in FY2030. "The benefits will go beyond our Copper SA operations as the project will contribute to a more resilient energy future for South Australia through new infrastructure that supports regional communities and creates jobs."

Michiel Hovers, Group Sales and Marketing Officer, BHP

"Copper is one of the most critical minerals in enabling the global energy transition.

"As global demand for copper continues to grow, BHP is making significant progress in lowering the greenhouse gas emissions intensity of our copper production in South Australia.

"We've built a strong partnership with Neoen, which has helped BHP to make further reductions in our operational greenhouse gas emissions and will allow us to continue to deliver responsibly produced copper for our global customers."

Jean-Christophe Cheylus, Neoen Australia's Chief Executive Officer

"This second agreement to supply power to BHP demonstrates Neoen's end-to-end expertise in designing, delivering and deploying customised energy solutions that can meet the growing demands of its customers and support the pace of Australia's transition. I congratulate the Neoen team and thank BHP for continuing to place their trust in us."

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