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30 Sep
04:51

Nangang, Rio Tinto trade first carbon-offset iron ore

China’s Nanjing Iron & Steel (Nangang), Anglo-Australian miner Rio Tinto, and China’s first joint-venture investment bank CICC have recently reached an agreement to jointly promote the transaction of the first carbon-compensated iron ore cargo in China's steel industry, Kallanish learns from CICC’s release. The companies expect to complete the delivery of goods and the write-off of carbon credits in October 2022. The carbon emissio…
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