JSW announced on Tuesday that they will invest 55 billion rupees (approximately 663 million dollars) in a significant joint venture for the production of grain-oriented silicon steel.
Its installed renewable energy capacity reached 53.09 GW at the end of 2023, up 22.6 percent year-on-year, according to the Shanxi provincial statistics bureau.
Global mining giant BHP announced on Friday that it has kicked off a commercial-scale direct reduced iron production project with China Baowu Steel Group Corporation to support steelmaking decarbonization development in China.
The German government earmarked about €1 billion ($1.1 billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals, according to people familiar with the plan.