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Vale S A : announces seven agreements in China to strengthen its strategic agenda and its relationship with the country

3/29/23

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Base Metals, ESG

Vale announces seven agreements in China to strengthen. | March 29, 2023 ....

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Vale Indonesia signs $2 billion nickel project deal with Shandong Xinhai, Baowu

The Bahodopi project would produce ferronickel with 73,000 tonnes to 80,000 tonnes of nickel content per year. ....

Indonesia General , Sulawesi Tengah , Wang Wenlong , Bernardus Irmanto , Shandong Xinhai , Taiyuan Iron Steel Co , Taiyuan Iron ,

China steel mills plan around 2030 carbon peak | Hellenic Shipping News Worldwide

China steel mills plan around 2030 carbon peak
Beijing has been working quietly on carbon emission cuts for a few years but its open pledge in 2020 to peak the country’s carbon emission by 2030 and to achieve carbon neutrality by 2060 has undoubtedly imposed more pressure publicly on the steel industry, the country’s second largest carbon emission source only after the thermal coal power generation.
Over 2016-2020, China chopped off 150 million tonnes/year of steelmaking capacity, 140 million t/y of induction furnace steel capacity, and over 800 million t/y of coal capacity, which had eased the carbon emission, and China has introduced the “ultra-low emission” standards to the country’s steel industry in May 2018 too as part of the efforts to reduce the waste emission including carbon. ....

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