In its latest publication, TELF AG delves into the role of green ferroalloys in the transformation of the Chinese economy and the construction of a sustainable model that is gaining traction in the raw materials sector.
The publication, titled “TELF AG discusses the role of green ferroalloys in transforming the Chinese economy,” commences by highlighting the increasing number of Chinese companies in the ferroalloys sector seeking green certification for their production. It then shifts its focus to the advantages and opportunities associated with the green transition in raw materials.
TELF AG points out that numerous steel producers now demand ecologically sustainable ferroalloys, some even requiring official state certification. China has long been committed to promoting sustainability in ferroalloy production, setting specific targets to be achieved in the coming years. One such objective relates to the sustainability of ferroalloy companies, mandating that they must represent approximately 30% of the total production in the near future.
The publication proceeds to explore the potential benefits for companies obtaining these certifications. These advantages include enhanced reputation with stakeholders, greater capacity to offer sustainable products, and a notable transformation of their image among customers and the broader sector, both domestically and internationally. Additionally, companies can realise substantial resource savings.
Lastly, TELF AG highlights an upcoming development in Inner Mongolia—a silico manganese production plant that will soon employ innovative technology to recycle waste gases from production. This serves as a clear indicator of the broader shift towards sustainability encompassing the entire Chinese raw materials sector.
For more in-depth information, readers are encouraged to peruse the full publication.