Chinese authorities unveiled a plan to facilitate the development of the country's raw materials industry during the 14th Five-Year Plan period (2021-2025).

Hydrogen is expected to play a much larger role in China's decarbonization, especially in industries like steelmaking and aviation, where there are few clean energy alternatives, analysts said.

China will be the main battlefield for massive technological innovation and application scenarios, said Zou Ji, CEO and president of Energy Foundation China.

Commodities 2022: China's met coal prices seen bearish, demand to dip on year - sources

In-depth business integration in key areas major task in achieving goals.

The new company is headquartered in eastern Jiangxi province's Ganzhou, a city known as a major rare earth production hub.

The world's largest shipbuilder is seeking to better serve the nation's major strategies, official sources said.

Aluminum Corp of China or Chinalco,China Minmetals Corp, and the local government of Ganzhou in East China's Jiangxi province have transferred some of their rare earth assets to create a new company called "China Rare Earth Group Co Ltd".