(Reuters) - Rio Tinto, the world's second-largest mining group, is to join oil major BP Plc to develop power generation plants whose CO2 emissions will be pumped underground to help curb global warming.
The companies said on Thursday Rio will pay BP $32 million for a 50 percent stake in a new company, to be called Hydrogen Energy, into which BP will fold its existing carbon capture and storage (CCS) operations.
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