Despite China's ambitious low-carbon goals, President Xi Jinping has said "reducing emissions is not about reducing productivity, and it is not about not emitting at all."
The officials who worked at four mills in Tangshan city near Beijing, China’s top steelmaking hub, were given prison sentences from six to eighteen months.
More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a London court.
Prices of copper, considered to be an economic bellwether, rose by a quarter last year and are expected to continue their positive momentum in 2022 due to the metal's central role in the energy transition.