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RMI report maps out pathway for zero-carbon steel industry in China

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A new report from RMI (Rocky Mountain Institute) finds that it is technically and economically feasible for China’s steel industry to decarbonize by 2050 through demand reduction, steel recycling and switching to green routes. This makes the steel industry the country’s second-largest carbon emitting sector behind power generation.

Carbon 243
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China Merchants Heavy Industry orders methanol dual-fuel engines for new Pure Car and Truck Carrier segment

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China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).

Engine 221
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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Lithium Carbonate, EXW China, ?99.0%

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels. As the market develops, competition from China is also heating up.

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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Highlights of the results include: The GWP of HPEMM produced at Chvaletice, using 100% renewable power, is 64% lower than the estimated GWP of HPEMM produced by the incumbent industry. HPMSM produced via EMM dissolution has a carbon footprint 59% lower at Chvaletice compared to HPMSM produced in China.

Carbon 243
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Höegh Autoliners signs Letter of Intent with China Merchants Heavy Industry to build ammonia-ready Aurora class vessels

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Höegh Autoliners entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., China Merchant Industry has been expanding its shipbuilding business over the past two years and it is now the largest PCTC builder and the fourth largest shipbuilding group in China. —Andreas Enger.

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