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Zimbabwe’s government approved a proposal by a group of Chinese investors to establish a $2.83-billion battery-metals park that will process metals including lithium, platinum and nickel, its latest plan to revive its moribund economy.

Rio Tinto and Baowu said on Wednesday that they will set up a JV to develop the Western Range iron ore mine project in Pilbara.

Most of the capital goods monitored by the Chinese government posted lower prices in early September compared with late August this year, official data showed Wednesday.

During the period, Hebei's trade with countries along the Belt and Road increased 22.4 percent to 122.44 billion yuan.

ERG has long considered ESG a priority in the group's operations and rolled out such a strategy in 2021.

The Chinese market for stainless steel shows resilience and is brimming with opportunities, despite the disruption that COVID-19 has brought to the global stainless steel industry, according to industry insiders.

Driven by innovation, the stainless steel industry in Ningde, southeast China's Fujian Province, has grown significantly in recent years.

Meanwhile, 63.41 million tonnes of thermal coal were stored in 363 power supply plants as of Aug. 31, which could ensure power generation for 25 days.