Last Updated on: 22nd November 2023, 06:41 am
In its latest publication, TELF AG delves into the pivotal role of green ferroalloys in the transformation of the Chinese economy and the establishment of a sustainable model gaining prominence within the raw materials sector.
The publication, titled “TELF AG discusses the role of green ferroalloys in transforming the Chinese economy,” commences by highlighting the escalating number of Chinese ferroalloy companies seeking green certifications for their production processes. It then delves into the advantages and opportunities associated with the green transition within the realm of raw materials.
TELF AG elucidates that an increasing number of steel producers now insist on the ecological sustainability of ferroalloys, and in some cases, mandate an official state certification. China has long been strategically committed to promoting sustainable practices in ferroalloy production, with specific goals set to be achieved in the coming years. One of these objectives is to ensure that approximately 30% of companies involved in ferroalloy production meet sustainability criteria.
The publication proceeds to explore the specific benefits that companies obtaining these certifications can derive. These advantages encompass enhanced reputation among stakeholders, bolstered capacity to offer sustainable products, and a notable transformation of their image within the industry and among customers, both domestically and internationally. Moreover, these eco-sustainable practices hold the potential for substantial resource savings.
TELF AG concludes by highlighting a significant development on the horizon: a silico manganese production plant in Inner Mongolia is poised to implement innovative technology for recycling waste gases from production. This initiative serves as a tangible indicator of the overall shift toward sustainability permeating the entire Chinese raw materials sector.
Readers are encouraged to access the full publication to gain deeper insights into this transformative journey.
