China steel mills to strike separate ore deals

Rio Tinto’s Kennecott mine in Utah now runs entirely on renewable diesel, giving it one of the lowest carbon footprints among US copper producers.

Rio Tinto confirmed the death of a contracting company employee at the SimFer port site in Guinea, offering condolences and support to those affected.

Vale and Petrobras will enhance competitiveness and advance decarbonisation by testing and marketing renewable diesel, natural gas, and sustainable bunker fuel.

NSU and Vale will install five Anemoi rotor sails on a 400,000dwt VLOC, aiming to reduce fuel consumption and CO2 emissions by 6-12%.

Liquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.