"It is a step forwards but it has by no means answered all questions or addressed all outstanding issues," Hydrogen UK chief executive Clare Jackson said.

Online marketplace SteelBuy has had 67 live listings totalling over 1,000t since launching on 2 December.

Compared with the prior month, the CPI rose by 0.1pc in November on a seasonally adjusted basis, slowing from 0.4pc in the two prior months and well off a peak of 1.3pc in June.

UK-South African mining firm Anglo American has lowered its iron ore production guidance for 2022, 2023 and 2024.

Brazil's electricity regulator Aneel will put its proposal for the R32.1bn ($6.1bn) government's energy development fund (CDE) 2023 budget before the public for consultation and a hearing.

Australian longwall and safety protocols will constrain UK-South African mining firm Anglo American's metallurgical coal production, leading it to cut its guidance for 2022, 2023 and 2024.

The deal is expected to be announced later on Wednesday on the sidelines of a summit of EU and Southeast Asian leaders in Brussels.

Low- or zero-carbon hydrogen and ammonia solutions may also be extended to the energy, chemicals and aviation industries, the EMA added.