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Japan's Sumitomo Metal invests $ 424 million in battery production

The largest Japanese manufacturer of nickel metal products is optimistic about the market for cathode materials for electric vehicle batteries....

China Launches Five Satellites with Long March 2D Launch Vehicle

China has sent five satellites into planned orbits from Taiyuan Cosmodrome in northern China's Shanxi province....

Ukrainian company has developed special wheels for Indian railways

Interpipe expects that the new wheels will allow the company to supply the Indian national railway operator with a record volume of metal products....

Japan to oblige manufacturers to equip cars with black boxes

Automatic event recorders will become mandatory for all passenger vehicles with a maximum capacity of nine people, as well as for trucks up to 3.5...

Chinese battery giant renews agreement with Tesla to supply lithium-ion batteries

Chinese battery maker Contemporary Amperex Technology rose nearly 3 percent on Tuesday after the company signed a new agreement with Tesla to supply...

China begins commercial operation of the world's second largest hydroelectric power plant

On Monday, the first batch of two power units at the Baihetan hydropower plant in southwestern China, the second in the world in terms of total...

Panasonic sold all of its shares in Tesla for $ 3.6 billion

The sale of the stake will not affect the relationship between the companies, given the strategic cooperation in the production of batteries,...

The largest shale oil field discovered in China

Development of a new field in the Ordos Basin in the northwest of China's Gansu province could significantly reduce the dependence of the...

The first train from Europe to China brought 82 Audi A8Ls

The number of flights operated within the China-Europe freight railroad has exceeded 40 thousand, and the value of the transported goods amounted to...

Tesla installs Supercharger charging stations along the Great Silk Road in China

The longest track for Tesla electric vehicles has been launched in China. The route starts from Zhoushan in eastern China and covers about nine major...

Japan to allocate $ 18 billion to convert metallurgy to hydrogen fuel

Japan is committed to accelerating technological innovation for hydrogen-based steel production to help the country's steel industry take the...

China has increased the capacity of wind farms by a third, and solar - by a quarter

The total share of solar and wind power plants in China has reached 24.5% of the country's total electricity generation....

China will start selling metals from the state reserve to stabilize the rise in commodity prices

The consignments of copper, aluminum and zinc in the state reserve of the PRC will be sold through public trading on the exchange....

Energomashspetsstal manufactured blanks for reactor equipment parts for Kudankulam NPP

The total mass of blanks for reactor equipment parts for the fifth and sixth units of the largest nuclear power plant in India is 267 tons....

In Kazakhstan, 55 types of activities in 14 areas were proposed to be attributed to the creative sector of the economy

When preparing the list, the UN approaches to the definition of creative industries were taken into account....

China's Machinery Sector Operating Income Increases 43 Percent

China's engineering industry saw a steady increase in revenues and profits in January-April 2021...

Rescuers continue to search for 13 missing iron ore miners in North China

The identities of the miners trapped in the flooded mine have already been confirmed, but none of them have yet been found....

Singapore chipmaker warns of global chip shortage until 2023

Singapore's Flex, the world's third largest chipmaker, has warned of a global chip shortage until the end of 2022....

Explosion kills coal mine in Henan province

Last month, the provincial government said it approved the opening of the mine after it was closed due to safety concerns....

Marubeni became interested in Ukraine's potential for the production and transportation of hydrogen

The Japanese corporation plans to get acquainted in detail with Ukrainian legislation, as well as UNECE research on the production and use of...

China and the United States agreed to make joint efforts to address specific trade and economic problems

A spokesman for the PRC Ministry of Commerce said that communication between the two parties is "smooth "....

India asks Russia to supply at least 40 million tons of coking coal per year

Export of coal from Russia is growing, the Ministry of Energy of the Russian Federation noted....

The Chinese company Sany has become the first in the world in the sale of excavators

Chinese heavy equipment manufacturer Sany Heavy Industry Co., Ltd. reports strong sales in 2020....

6 people trapped in a coal mine accident in eastern China

China's coal mines are still considered one of the most dangerous in the world: more than a thousand people die there every year....

Chinese banks banned from lending to private investors buying up commodities

Chinese officials fear speculative heating up of the commodity market and multiple bankruptcies of private investors who are unable to bear such...

Tesla sets up data center in China to store information locally

The American company has promised to comply with the recommendations of the PRC government departments....

Ukraine is investigating the import of Chinese metal products

A complaint about dumping in the supply of Chinese steel wire came from the Ukrainian manufacturer of welding materials PlazmaTek LLC....

China will tighten regulation of virtual currencies - Xinhua

Financial institutions, payment institutions and other agencies should not use virtual currencies to set prices for products or services, the...

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