{"id":76545,"date":"2023-03-16T02:00:37","date_gmt":"2023-03-16T02:00:37","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/03\/16\/china-curbs-steel-production-for-the-third-year-australia-needs-more-minerals-mining-knowledge\/"},"modified":"2023-03-16T02:00:37","modified_gmt":"2023-03-16T02:00:37","slug":"china-curbs-steel-production-for-the-third-year-australia-needs-more-minerals-mining-knowledge","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/03\/16\/china-curbs-steel-production-for-the-third-year-australia-needs-more-minerals-mining-knowledge\/","title":{"rendered":"China curbs steel production for the third year + Australia needs more minerals mining knowledge"},"content":{"rendered":"

China continues to slash crude steel production:<\/strong> China is likely to cut its crude steel output for the third year in a row in 2023 in a bid to taper down carbon emissions, Bloomberg<\/a> reports, citing a source familiar with government plans. Steel production is the country\u2019s second-largest carbon-intensive sector, generating some 1.5 bn tons of CO2<\/a> equivalent in 2020. Since 2020, the country has been scaling back its production volumes, pushing output down some 40 mn tons y-o-y in 2021 and 21.7 mn tons y-o-y in 2022, according to S&P Global<\/a>.<\/p>\n

Australian, Korean research institutes work on minerals extraction:<\/strong> The Minerals Research Institute of Western Australia inked a preliminary knowledge transfer agreement with the Korea Institute of Geoscience and Mineral Resources as it looks to build its minerals production and export capacity, Reuters<\/a> reports. Last month, the government of Western Australia signed an agreement<\/a> with South Korea\u2019s Trade Ministry to explore joint development ventures in the clean energy sector, with a focus on green hydrogen projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

China continues to slash crude steel production: China is likely to cut its crude steel output for the third year in a row in 2023 in a bid to taper down carbon emissions, Bloomberg reports, citing a source familiar with government plans. Steel production is the country\u2019s second-largest carbon-intensive sector, generating some 1.5 bn tons […]<\/p>\n","protected":false},"author":1,"featured_media":76546,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,327,69,57,11,298,197,88,299,216],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-australia","tag-china","tag-climate-change","tag-enterpriseclimate","tag-hydrogen","tag-minerals","tag-renewables","tag-south-korea","tag-steel","wpautop","entry"],"acf":{"mongo_id":"babd2932-dce4-4974-9028-b88a9c4a1207","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/699.jpg","photo_position":"above","related_issue":[76529],"teaser":"","voice_url":""},"yoast_head":"\nChina curbs steel production for the third year + Australia needs more minerals mining knowledge - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/16\/china-curbs-steel-production-for-the-third-year-australia-needs-more-minerals-mining-knowledge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China curbs steel production for the third year + Australia needs more minerals mining knowledge\" \/>\n<meta property=\"og:description\" content=\"China continues to slash crude steel production: China is likely to cut its crude steel output for the third year in a row in 2023 in a bid to taper down carbon emissions, Bloomberg reports, citing a source familiar with government plans. 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