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Commodities

GrainGrowers management update

(Posted on 16/08/18)

Australia’s Board of national grain farmer representative organisation, Grain Growers Limited (GrainGrowers), has announced an updated management structure for the organisation.GrainGrowers will transition to a single CEO effective today, after a successful period operating with a dual CEO structure.David McKeon has been appointed...

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Rusal’s first half uplift despite supply disruptions

(Posted on 16/08/18)

UC Rusal, a leading global aluminium producer, has announced its results for the three and six months ended 30 June 2018.Total revenue increased by USD233 million, or 4.9% to USD4,997 million in the first six months of 2018 from USD4,764 million in the corresponding period of 2017.UC Rusal is a leading, global producer of aluminium...

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Emerging Markets bright spot at U.S Grains Council Denver meeting

Emerging Markets bright spot at U.S Grains Council Denver meeting

(Posted on 02/08/18)

In a global trade environment challenged by tariffs and tensions, emerging markets for grains and ethanol provided a bright spot for U.S. farmers, agribusinesses and industry officials at the U.S. Grains Council’s 58th Annual Board of Delegates meeting in Denver this week.The Council’s Middle East and Africa Director...

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Rio Tinto sells off remaining coal assets

(Posted on 02/08/18)

Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for $1.7 billion, and its interest in the Kestrel underground coal mine to a consortium...

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Taskforce urges action to deliver CCUS

(Posted on 02/08/18)

A new report to the UK Government says carbon capture utilisation and storage (CCUS) has a key role to play in decarbonising the country and unlocking major economic, social and environmental benefits.The report, Delivering Clean Growth: CCUS Cost Challenge Taskforce Report, makes a series of recommendations towards lowering...

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LINX Cargo Care Group agrees to acquire Pedersen

LINX Cargo Care Group agrees to acquire Pedersen

(Posted on 26/07/18)

LINX Cargo Care Group, and its subsidiary C3 Limited, has announced that it has been successful in its bid to acquire Pedersen Group, a market leading provider of wood chipping and woodyard management services to pulp and paper mills, and forest owners in Australia and New Zealand.Pedersen Group handles over 8.3 million tonnes per...

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