Commodities
Partnership on sustainable supply of materials for the energy transition
(Posted on 31/10/23)Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition.Power generation from renewables in the U.S. is expected to increase from 21% in 2021 to 44% in 20501, requiring significant investments in power...
US soy industry welcomes trade and food aid support from USDA
(Posted on 26/10/23)The American Soybean Association has applauded the U.S. Department of Agriculture’s efforts to strengthen U.S. trade and food aid by providing funds to maintain and develop markets and address global hunger. Agriculture Secretary Tom Vilsack announced $2.3 billion will be allocated from the Commodity Credit Corporation, $1...
Joc O’Rourke joins Rio Tinto Board
(Posted on 26/10/23)Rio Tinto has appointed James “Joc” O’Rourke as a non-executive director with effect from 25 October 2023. Mr O’Rourke, a dual Canadian/Australian national, will therefore stand for election at the annual general meetings of the Company in 2024.Mr O’Rourke has more than 25 years’ experience across...
Bimco approves revised synacomex grain charter
(Posted on 23/10/23)BIMCO’s Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX, to reflect changes in the geopolitical landscape following events including the COVID-19 pandemic and the war in Ukraine. The revised charter party now includes BIMCO’s anti-corruption clause and updated versions...
Rio Tinto maintains momentum at Pilbara iron ore operations
(Posted on 18/10/23)Rio Tinto has release third quarter production results. Chief Executive Jakob Stausholm said: “We delivered another quarter of progress and maintained momentum at our Pilbara iron ore operations. We continued to make good headway ramping up our Oyu Tolgoi high-grade underground copper mine, our Kitimat aluminium smelter returned...
Trafigura increases commitment to green hydrogen
(Posted on 11/10/23)Trafigura Group Pte has agreed with H2 Energy Holding AG founders to increase its shareholding in H2 Energy Europe AG to become majority owners, as development plans ramp up for large-scale green hydrogen production projects and mid- and downstream hydrogen supply and distribution infrastructure in Europe. H2 Energy Holding AG&rsquo...
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