EU companies will also be able to export aluminum tariff-free.

Hydrogen is expected to play a much larger role in China's decarbonization, especially in industries like steelmaking and aviation, where there are few clean energy alternatives, analysts said.

Chen also outlined a series of goals to achieve in terms of green transformation across raw material industries by the end of 2025.

China manganese ore imports in Jan-Nov 2021 by country/region.

China manganese ore imports in November 2021 by country/region.

China Nickel ore imports in November 2021 by country/region.

China chrome ore imports in November 2021 by country/region.

China high-carbon ferrochrome imports in Jan-Nov 2021 by country/region.