Commodities
WCA urges climate change action
(Posted on 27/06/18)The World Cement Association (WCA) has warned of the growing pressures on the global cement industry and urges leading players to act together on climate change and transition to a low carbon production.With new regulations coming into force in a growing number of countries, such as the extension of the CO2 trading scheme, cement...
Vale announces the passing of two times president, Eliezer Batista
(Posted on 21/06/18)With immense sadness, Vale has announced the passing of Eliezer Batista, the first person to hold the main position within the company. A two-time president of what was then, Companhia Vale do Rio Doce, Eliezer laid the ground work for the growth that would take place from the 1980s onwards, creating a long-term and large-volume...
Rusal begins shipping bauxite from Dian-Dian
(Posted on 21/06/18)UC Rusal, a leading global aluminium producer, is pleased to announce the completion of the first stage of development of the Dian-Dian bauxite deposit in Guinea and the commencement of ore export shipments.During this first stage, Rusal has commissioned a mine with an annual capacity of 3 million tonnes of bauxite and has built...
Rio’s Pilbara operations rake in the money
(Posted on 21/06/18)In a presentation to investors and analysts in Perth, Rio Tinto showcased its Pilbara operations, a world-class, leading-edge, fully integrated system.The presenters discussed how Rio Tinto’s iron ore business will continue to deliver superior value by developing greater flexibility across its system of mines, rail and ports...
U.S. Grains Council’s statement on imposition of tariffs on Chinese goods
(Posted on 21/06/18)A statement from U.S. Grains Council President and CEO Tom Sleight: “The farmers and exporters we represent have been here before regarding China and they are well aware of what it’s like to deal with tariffs, counter-tariffs and policy restrictions. Since 2010, we have been adversely impacted by trade policy actions...
BHP approves South Flank project
(Posted on 15/06/18)The BHP Board has approved US$2.9 billion (BHP share; US$3.4 billion 100 per cent) in capital expenditure for the South Flank project in the central Pilbara, Western Australia.BHP President Operations, Minerals Australia, Mike Henry, said the South Flank project will fully replace production from the 80 Mtpa (100 per cent basis...
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