Anglo-Australian mining giant Rio Tinto and China Baowu, the world’s largest steel producer will explore multiple projects in China and Australia together that will help decarbonize the steel value chain, according to a joint press release.
U.S. President Biden and U.K. Prime Minister Sunak have announced a new framework for a trans-Atlantic economic partnership in the twenty-first century. The hence-named “Atlantic Declaration” is set to provide the foundation for increased cooperation in fields like clean energy, artificial intelligence, and critical minerals.
The UAE-government-owned renewable energy company Masdar has along with two renewable development firms signed an agreement with Egypt’s New and Renewable Energy Authority to secure land to build a 10-gigawatt capacity onshore wind farm in Egypt. The project is set to aid the northeast African country to reach its goal of achieving 42 percent of its electricity from renewable sources by 2030.
The Biden-Harris Administration yesterday released the U.S. National Clean Hydrogen Strategy and Roadmap, aiming to produce 50 million metric tons of clean hydrogen fuel by 2050. The program is expected to add up to 100,000 jobs to the growing domestic hydrogen economy by 2030.
Researchers at Chalmers University of Technology, Sweden, have published a study on raw material demands conducted on behalf of the European Commission. The team argues that the European Union’s demands to electrify its industry are outpacing the current global supply including new recycling abilities and advocate to find substitutions long-term, but more extraction is required in the meantime.
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