China will ensure high-quality implementation of the RCEP and accelerate the development of the China-ASEAN Free Trade Area 3.0, he added.

Countries such as Brazil, China, India and South Africa have expressed concerns.

The four blocks comprise two iron ore blocks, one combined reserve of iron ore and manganese, and one manganese reserve, while the date for holding the auction is yet to be decided, the official said.

Saudi Arabia is investing nearly $12 billion in steel projects to boost its production of the metal to face a large increase in domestic demand, a senior official has said.

Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector.

In addition, the package also includes import ban on copper, nickel, aluminum, zinc, manganese and articles thereof.

AVL’s vanadium electrolyte manufacturing facility has been completed

Downstream demand was weak, and the transactions were average.