BHP Group said on
Friday it had completed a carbon credit trading pilot scheme
with China s Baowu Steel Group. The pilot trading scheme involved the sale of iron ore and
the purchase of.
Guinea’s Simandou range holds the world’s largest known undeveloped reserve of high-grade iron ore, bearing both economic and geopolitical significance for China, as it seeks resource security and less dependence on Australia.
Contrary to claims from the junta and Rio Tinto, work will not get under way properly at Simandou until the necessary funds have been released. This should happen only when Baowu Steel has been