Vale Base Metals has committed nearly $9-billion for investment in Indonesia, including for its development of high-pressure acid leaching (HPAL) plants for nickel, chief executive Deshnee Naidoo said on Thursday.

Wind and solar resources are unlimited given by nature, but equipment components generating the resources have their lifespan.

Over 19 percent of installed power grid capacity in Shanxi, the country's largest coal-producing region, comes from PV power, according to the State Grid Shanxi Electric Power Company.

Turkey-based Kaptan Demir Çelik (Kaptan lron & Steel), part of Kaptan Group, has started wire rod production at its new mill supplied by UK-based plantmaker Primetals Technologies.

Nigeria to Establish State-backed Corporation to Attract Investments in Mining Sector

In 2024, China will see the value-added of the iron and steel industry expand about 4 percent, according to the document.

From January to July, the province's trade with countries along the Belt and Road rose 9.8 percent year-on-year to 116.23 billion yuan.

During the period, China imported a total of 669 million tons of iron ore, up 6.9 percent from the same period last year, according to the data.