The 2306 ferrosilicon contract price on ZCE closed at 7028 yuan per ton on July 11.

Notably, prices for industrial consumer products declined 2.7 percent in June after a 1.7 percent fall in May.

China has announced it will peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

Burley Minerals kickstarts drill rigs to continue drilling at Chubb Lithium Project in Quebéc, Canada

The 2306 ferrosilicon contract price on ZCE closed at 6960 yuan per ton on July 10.

The move is part of China's broader measures to build a modern industrial system backed by the real economy amid mounting external uncertainties.

The hydropower station, considered a backbone of China's electricity system, transmits clean electricity mainly to eastern, central and southern China.

Indonesian officials are investigating whether there have been illegal nickel ore shipments to China, more than three years after Jakarta banned exports of the commodity, its mining minister said on 7 July.