This new route, operated by 12 vessels with a capacity of 14,000 standard containers each, will run on a weekly basis.

With efforts from both sides, the factory gradually emerged from its crisis.

39% INCREASE IN HIGH GRADE MEASURED AND INDICATED MINERAL RESOURCE

Bushveld Minerals to sell Vanchem unit to ease financial woes

Bushveld to dispose of Vanchem asset to SPR, working capital advanced

China's 2024 iron ore imports seen 1.17-1.18 bln metric tons- Vale

China has sped up industrial upgrading by cultivating new quality productive forces, laying a solid foundation for strengthened recovery momentum this year and beyond.

That caveat is aimed at giving more flexibility to countries highly reliant on coal power, such as G7 member states Germany and Japan.