Commodities
Rio sells its Kestrel coal mine
(Posted on 16/04/18)Rio Tinto has entered into a binding agreement with a consortium comprising private equity manager EMR Capital (EMR) and PT Adaro Energy Tbk (Adaro), an Indonesian listed coal company, for the sale of its entire 80 per cent interest in the Kestrel underground coal mine in Queensland, Australia, for $2.25 billion. Rio...
US Coal exports up
(Posted on 16/04/18)US coal exports totalled 8.18 million mt in February, up 2.9% from January and up 30.6% from the year-ago month, US Census Bureau data showed.The slight gain in monthly volumes from January occurred despite a drop in thermal coal volumes, which totalled 3.3 million mt in February, down 12.1% from January but up 17.8% from the year...
Industry Association Review
(Posted on 16/04/18)Following the Industry Association Review, published on 19 December 2017, BHP has announced its determination in relation to its membership of the United States Chamber of Commerce and of the World Coal Association. BHP also provided an update on its view of the new Energy and Climate Change Position of the Minerals Council of Australia...
Alex Stewart International Spain expands
(Posted on 30/03/18)Alex Stewart International Spain is to extend and develop its laboratory. Eduardo Hurtado, Managing Director of Alex Stewart International Spain, announced that “this investment will allow the consolidation of the Strategic Plan for 2018- 2020. The aim of this development is to offer an integral service with the highest standards...
Cargill to sell grain and crop inputs assets in Ontario
(Posted on 30/03/18)Cargill has announced it has reached an agreement on the sale of Cargill’s grain and crop inputs retail assets in Ontario, including its ownership in South West Ag Partners, to La Coop fédérée, an agri-food cooperative with operations across Canada.The sale comprises 13 grain assets and crop inputs retail...
Tata’s Noamundi iron mine accorded Five Star rating
(Posted on 30/03/18)The Noamundi Iron Mine (NIM) of Tata Steel has been accorded the ‘Five Star rating’ for sustainable development in FY17. This is for the 2nd consecutive year that NIM has been bestowed with this award. The award ceremony was organised during the 3rd National Conclave on Mines & Minerals in New Delhi.Mr Chanakya Chaudhary...
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