President Joe Biden’s administration on Wednesday said it intends to invest $2 billion from last year’s Inflation Reduction Act to accelerate domestic manufacturing of electric vehicles and resuscitate plants that are struggling.

The province has set an annual coal production target of 1.365 billion tonnes for 2023.

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Most of the capital goods monitored by China's statistical authorities registered higher prices in mid-June compared with early June, official data showed.

The United States has experienced a striking surge in construction spending for manufacturing facilities.

China will roll out more practical, effective measures to expand domestic demand and stoke market vitality, Premier Li told the World Economic Forum in Tianjin. Iron ore, used to make steel, surged by almost 4%.

This because ilmenite, a heavy minerals sands derivative, sells at around $300/t on export markets, whereas using it to manufacture titanium dioxide pigment at the Richard Bay Industrial Development Zone will enable it to fetch a ten-times-higher $3 000/t.