China on Monday unveiled a draft plan to expand its national carbon trading market by including three major carbon-emitting industries—cement, electrolytic aluminum, and steel—seeking public feedback on the proposal.
"Such a partnership has created a collaborative environment for sharing knowledge, resources and experience. It allows us to leverage each other's strengths and has fostered a strong foundation for the project's success."
Trafigura Group has struck a $400-million prepayment deal for iron-ore with Mineral Resources, as the Australian miner focuses on preserving cash amid a downturn in its two main commodities.
Vale and Midrex Technologies, Inc. have agreed to cooperate in advancing a technical solution for the use of iron ore briquettes in direct reduction plants.