ERG has long considered ESG a priority in the group's operations and rolled out such a strategy in 2021.

Rio Tinto and Baowu said on Wednesday that they will set up a JV to develop the Western Range iron ore mine project in Pilbara.

Most of the capital goods monitored by the Chinese government posted lower prices in early September compared with late August this year, official data showed Wednesday.

"The importance of coal-generated electricity for Germany's energy supply has continued to grow," Destatis said.

The three projects being constructed are with a combined production capacity of 6.2 million tons worth around 35 billion riyals, he added.

Meanwhile, 63.41 million tonnes of thermal coal were stored in 363 power supply plants as of Aug. 31, which could ensure power generation for 25 days.

Driven by innovation, the stainless steel industry in Ningde, southeast China's Fujian Province, has grown significantly in recent years.

Companies and consumers in the Netherlands are using less natural gas and turning to coal and renewable energy sources as the country,.