Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of their compliance with stricter anti-pollution rules.

Neometals has signed a memorandum of understanding (MoU) with China’s Jiuxing Titanium Materials (Liaonging) over the Barrambie titanium-vanadium project in Western Australia.

Neometals has signed a memorandum of understanding (MoU) with China’s Jiuxing Titanium Materials (Liaonging) over the Barrambie titanium-vanadium project in Western Australia.

Fujian Juwei stainless steel pipe project environmental assessment plan is under approval

The issuing value of the bond is 500 million yuan ($76.5 million) with a term of five years. More than 70 percent of the money raised will be used for projects to reduce carbon emissions.

We (at the NRDC) find that a minimum of 50 percent net GHG reductions target by 2030, below 2005 levels is technologically feasible, affordable and achievable－adding to the tally of recent studies reaching the same conclusion.

"These efforts would result in a big cut to emissions—which would be amplified by synchronization across markets," she said.

These projects will bring "rigorous risks and challenges" to the environment, it said.