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Commodities

$8.4bn tax contribution by Rio Tinto

$8.4bn tax contribution by Rio Tinto

(Posted on 11/04/21)

Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which shows that they made a total direct economic contribution of $47 billion in the countries and communities where it operates, including $8.4 billion of taxes and royalties.Despite the widespread challenges of COVID-19 in 2020, the...

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En+ director joins Aluminium Stewardship Initiative board

En+ director joins Aluminium Stewardship Initiative board

(Posted on 06/04/21)

En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has announced that its Director of Environmental and Climate Risk Management Department, Alexey Spirin, has joined the Board of the Aluminium Stewardship Initiative (ASI). Alexey, whose term of office is two years, succeeds Tolga Egrilmeizer...

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Project to monitor global fertilizer usage

Project to monitor global fertilizer usage

(Posted on 01/04/21)

The International Fertilizer Association (IFA) and agri benchmark Cash Crop have announced the start of a joint project. Its aim is to make the use of fertilizers in global crop production transparent to the public and to all stakeholders.Fertilizer use in crop production is a very topical issue: on the one hand it is the cornerstone...

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Rusal invests over $1bn on environment in a decade

Rusal invests over $1bn on environment in a decade

(Posted on 01/04/21)

Rusal, a leading global aluminium producer, invested over USD1bn in environmental projects between 2011 and 2020.Thanks to the environmental measures and initiatives implemented by RUSAL over the last decade, the volume of emissions from the Company's enterprises has decreased by almost 20%, industrial wastewater discharges have...

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World crude steel production rises

World crude steel production rises

(Posted on 28/03/21)

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 150.2 million tonnes (Mt) in February 2021, a 4.1% increase compared to February 2020. The 64 countries accounted for approximately 98% of total world crude steel production in 2020.The World Steel Association (worldsteel)...

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Rio Tinto selects solar technology for Boron mine

(Posted on 28/03/21)

International mining and metals company Rio Tinto and renewable energy technology company Heliogen has announced an agreement to explore the deployment of Heliogen’s breakthrough solar technology at Rio Tinto’s borates mine in Boron, California.Rio Tinto produces high-quality iron ore, copper, aluminium and minerals...

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