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Shenfeng to build iron factory in Egypt, strengthening economic ties
Renowned Chinese company Shenfeng announces plans to establish a state-of-the-art iron production factory on a vast land area in Egypt, marking a significant in bilateral cooperation between China and Egypt. |
Fortescue reports 6% dip in quarterly iron-ore shipments
Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled with weather-related disruptions. |
China's industrial capacity utilization rate hits 73.6% in Q1
China's industrial capacity utilization rate hits 73.6% in Q1. |
Cyclone Metals advances green steel production with successful pilot plant results at Iron Bear Project in Canada
Cyclone Metals Ltd (ASX:CLE) has passed a key milestone with pilot plant test work for the Iron Bear Project in Canada delivering iron ore concentrates with high purity and yield, essential for green steel production. |
Iron ore exports via Port Hedland up 29.0 percent in March from February
Port Hedland handles production from mines owned by BHP Billiton, Atlas Iron and Fortescue Metals Group in the iron ore-rich Pilbara region of Western Australia. |
Australian Steel Institute seeks prohibition on unprocessed scrap exports
The Australian Steel Institute (ASI) has called for a ban on unprocessed steel scrap exports, stating that steel scrap is a valuable resource which is becoming increasingly scarce. |
Nuclear power's share in energy mix on the rise
In China's latest 14th Five-Year Plan (2021-25), the government has called for nuclear generation capacity expansion to 70 GW in 2025. |
Integrated project crucial in green power leap
As demand for clean, renewable energy sources surges, there is growing consensus among industry experts that energy storage will play a pivotal role in driving green transition forward in China. |
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