Commodities
German coal imports decline sharply
(Posted on 19/07/18)The German Coal Importer Association (Verein der Kohlenimporteure e. V.) have reported that the use of hard coal for power generation in Germany has fallen dramatically in 2017 (-17%). For 2018, a decline of more than 20% is expected. This is mainly due to the increased feed-in of renewable energy sources, in particular wind energy...
Australian Premier visits Esperance following job save
(Posted on 19/07/18)The Mineral Resources' acquisition of Koolyanobbing iron ore mine will allow iron ore exports from Esperance to continue with Australia’s state Government working towards a positive outcome for Esperance.Australian Premier, Mark McGowan has moved to reassure Esperance that iron ore exports at the local port remained a...
World’s largest robot delivers for Rio Tinto
(Posted on 19/07/18)Rio Tinto has achieved a significant milestone with the first delivery of iron ore by an autonomous train in the Pilbara, Western Australia.The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled over 280 kilometres from Rio Tinto’s mining operations in Tom Price to the...
Report outlines U.S. soybean export outlook
(Posted on 04/07/18)A report from Rabobank released this month summarises the outlook for U.S. soybean exports, which it believes will continue to decline to China if tariffs take effect and remain in place. But the firm found U.S. soybean exports could increase to the European Union (EU).President Donald Trump announced in June his intent to impose...
AIIS files lawsuit to challenge Trump’s steel tariffs
(Posted on 04/07/18)The American Institute for International Steel (AIIS) and two of its member companies, SIM-TEX, LP, of Waller, Texas, and KURT ORBAN PARTNERS, LLC, of Burlingame, California, have filed suit in the United States Court of International Trade in New York City challenging the constitutionality of the statute under which President Trump...
Aluminium China 2018 showcases Asia’s thriving industry despite US tariffs
(Posted on 04/07/18)In the face of the US tariff storm, the Aluminium China 2018 exhibition and conference in Shanghai from 11-13 July, will provide China’s aluminium industry with its first global platform since the announcement to expand business into other world markets. In particular, the event, which will bring together some 500 exhibitors...
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