China ramps up domestic iron ore projects
State planning officials have outlined plans to speed up domestic iron ore mine approvals and tax breaks for the industry to wean China off Australian supplies.
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State planning officials have outlined plans to speed up domestic iron ore mine approvals and tax breaks for the industry to wean China off Australian supplies.
Rio Tinto and China Baowu Group will study building a green iron plant close to iron ore mines and renewable power in WA.
BEIJING : Rio Tinto has signed a memorandum of understanding (MoU) with China Baowu, the world's biggest steelmaker by volume, to develop projects aimed at enabling lower grade ore to be used in low-carbon steelmaking, the miner said on Monday.The demonstration projects include building a pilot-scale plan
Executive Summary Due to their wealth of critical natural resources (primarily rare earth minerals), rapidly growing populations (labor and consumer markets) and strategic geographic location, many Francophone and Lusophone countries in Africa occupy strategic roles for China and its large businesses operating in, among others, the electronics and high-tech industries. Given Beijing’s ambitious plans in strengthening its most innovation-pinned industries—which …
After one of the most prolonged booms in history, running for the best part of a quarter of a century, signs are emerging that Australia's great iron age is beginning to fade, writes business editor Ian Verrender.