Strategic minerals are needed to deliver the energy transition

China's industrial profits dip, but structure betters

As China's leading energy base, Shanxi Province is key to the country's energy supply and electricity transmission.

The province's total import and export value from January to October hit 282.46 billion yuan ($39.73 billion), up 16.4 percent year-on-year.

Among them, Inner Mongolia imported 19.13 billion yuan of coal from Mongolia, up 150.1 percent year-on-year.

BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China, and South Africa.

The province saw a decrease in imports of iron ore and natural gas.

China is the world's largest importer of iron ore, with imports exceeding 917 million tons in the first 10 months of 2022.