China’s annual “two sessions” gives an indication of China’s broad policy direction for the year, covering topics from the economy to industrial strategy to environmental protection. David Chen explains the highlights, and the implications for the nickel value chain.
Materials selection for any piece of equipment or a process system is rarely a simple task, unless you are exactly replicating something successful. Often engineers will have a checklist to help them narrow down the choices, eliminating groups of materials that are not suitable for various reasons. Austenitic 300 series stainless steels containing 7-35% nickel will have most if not all of the boxes checked for being suitable where a stainless steel is desired.
The sudden failure of a building or bridge is mercifully a rare event, thanks largely to international or national standards: structures are designed in accordance with a design standard, using products conforming to a product standard and manufactured using techniques and to a quality level defined in a construction standard.
Think of the largest cruise ship. Then imagine how much it weighs – just over 100,000 tonnes, in fact. Now think about 500 of those ships, and what they weigh. That is the staggering amount of new electronic waste that we generate every year.
Major economies across the globe are setting climate neutrality targets. But proper measurement and methodologies are needed to provide transparency and common benchmarks when assessing carbon footprint. At a recent event in China, there was general consensus on the importance of adopting a harmonized approach to carbon footprint calculation and disclosure.
Even small quantities of nickel in an application can make a big difference to successful deployment.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.