Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said.
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
Environmental campaigners are challenging the approval of a coking coal mine in northwest England.
Simandou has faced delays due to legal disputes, political changes, and the challenges of building a 600 km rail and port infrastructure.