Baosteel Resources International, the raw material purchasing subsidiary of Baowu iron and Steel Group, the world's largest steel producer, has signed a strategic cooperation agreement with sibanthracite group, a large Russian coal producer.
The State-owned Public Investment Corporation (PIC) has increased its shareholding in coal and renewable energy company Exxaro Resources to just over 15.13%.
The lab in Taiyuan, the provincial capital, was jointly built by the Shanxi provincial government, Huawei Technologies Co., Ltd., and two local enterprises.