Electric locomotives are capable of transporting goods, including heavy ones, in mountain ranges with difficult terrain. They will serve mountain...
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Japan needs $ 350 billion investment to switch to electric vehicles
President of Toyota Motor Corporation Akio Toyoda called the hype around electric vehicles excessive....
India's Transport Minister complains to PM about speculative rise in steel prices
Due to the abnormal rise in steel prices, the largest industrial projects in India may be under threat....
For the first time, electric transport has become more cost-effective than with internal combustion engines
Prices for batteries for electric buses in China fell below the psychological mark of $ 100 per kilowatt hour for the first time in history....
Indonesian protesters burned down factory demanding wage increases
“The government is currently working hard to attract investment to Indonesia,” said the country's industry minister during a protest....
China will replace Australian coal imports with supplies from Russia
Russian coal miners are rushing to take advantage of the conflict between China and Australia, which has raised prices in the PRC, in order to...
Chinese lunar module with mineral samples headed for Earth
China's Chang'e-5 lunar probe has completed its second correction in its Moon-Earth transfer orbit....
China plans to invest $ 5 billion in lithium battery production in Indonesia
Indonesia intends to begin processing its rich reserves of nickel laterite ore for use in lithium batteries in a bid to ultimately become a global...
China's industrial production rose 7% in November
Chinese industry accelerated its growth from 1% in October to 7% in November (both compared to last year)....
Belarus starts negotiations with China on investment and trade
The negotiations are aimed at implementing the agreements of the heads of Belarus and China on deepening investment cooperation with an emphasis on...
Chinese steelmakers suspect iron ore suppliers of price fixing
The skyrocketing price of iron ore in China is abnormal, the PRC Iron and Steel Association said....
Australia's Fortescue Metals may become Japan's largest hydrogen supplier
An Australian mining company intends to build a 250 MW green hydrogen plant in Bell Bay, Tasmania, capable of producing 250,000 tonnes of green...
China launches 5G self-driving cars
China commissions the country's first 5G self-driving commercial vehicle plant...
Profit growth for Chinese machine builders in January - October 2020 amounted to about 9%
In the first ten months of this year, the Chinese machinery industry has maintained strong growth....
Chinese metallurgists outraged by rising Australian ore prices and demand an explanation from BHP
Representatives of the Chinese steel industry demanded an explanation from BHP about the rise in iron ore prices....
A system of "Smart regulation" of business will be created in Kazakhstan
From 2021, Kazakhstan will begin to gradually revise the legislative norms of outdated tax and regulatory requirements....
Billion deal: Hyundai Motor to buy robot maker Boston Dynamics
In November, sources reported that Hyundai Motor had engaged Goldman Sachs to advise on the deal to buy Boston Dynamics....
South Korea launches investigation into Tesla autopilot for murder
Tesla Model X crashed into the wall of a house in the parking lot, accelerating before the collision to such an extent that its passenger was killed....
Steel exports from China in November increased compared to October and will continue to grow in December
Steel exports from China may grow even more in December, amid growing orders for hot rolled steel and wire rod from Vietnam, Pakistan, South America...
18 people die after carbon monoxide leak in China coal mine
Coal mining at this mine was suspended in October and the incident is under investigation....
Chinese drilling probe successfully completed exploration on the Moon
Upon completion of the mission, the Chang 'e-5 probe will be part of the world's first unmanned mission to recover samples from the moon in...
BHP iron ore tankers switch to liquefied natural gas
The company's decision will generate up to 10% of projected bunker LNG demand in Asia in the 2022-2023 fiscal year....
Diplomatic squabble between Beijing and Canberra crashes coke imports into China
The weighted average price of premium low-volatility solid coking coal on the world market has increased by $ 18.50 per tonne, or 13 percent, to $...
China Doubles US Rare Earth Ore Purchases to Highest Level in History
Government stimulus to China's auto industry has been the main driver for the growth in demand for rare earth metals....
Program crash on Tokyo Stock Exchange led to resignation of its CEO
Head of Japan Exchange Group Inc. Akira Kiyota will take over as head of the Tokyo Stock Exchange, replacing Koichiro Miyahara, who stepped down as...
Japan to support Nissan's U.S. sales with $ 2 billion in government support
Japan Export Credit Agency will provide Nissan with $ 2 billion to finance US sales....
Hyundai and Ineos to collaborate on hydrogen vehicles
As part of the initiative, the companies are ready to support all kinds of public and private projects to develop the market for hydrogen-powered...
Chinese to launch the country's first hydrogen metallurgical plant
The enterprise will operate according to a scheme already tested in Europe - to melt steel from direct reduced iron obtained with the replacement of...
Chinese lunar module to conduct geological exploration on Earth satellite
The Chang 'e-5 mission will test China's ability to remotely obtain rock samples from space before more challenging missions....
Indian metal factories sound alarm on metal price surge
The surge in commodity prices, as well as the impact of the Covid-19, hit small and medium-sized enterprises in India hard....
