Commodities
Richards Bay Minerals’ renewable energy agreement
(Posted on 07/06/24)Richards Bay Minerals (RBM) has signed a renewable power purchase agreement (PPA) with Khangela Emoyeni Wind Farm (Pty) Ltd to secure 140MW of wind energy from a new wind farm situated in the Western and Northern Cape Province in South Africa. The project is expected to reduce RBM’s annual carbon emissions by 20%.RBM is a...
Trafigura half year result show core business strength
(Posted on 07/06/24)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released its 2024 Half Year results for the period ended 31 March 2024."The strength of our business was evident with robust performances from our core divisions," said Jeremy Weir, Trafigura’s Executive Chairman and Chief Executive Officer. &...
New Zealand aluminium smelter’s future secured with power deals
(Posted on 01/06/24)New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island.NZAS, which owns and operates...
NGFA statement on farm bill advanced by House Ag Committee
(Posted on 31/05/24)The House Agriculture Committee in the USA have advanced a farm bill that includes several important provisions for the grain, feed and processing industry.National Grain and Feed Association (NGFA) President and CEO Mike Seyfert issued the following statement:“NGFA members know that you can’t begin working towards the...
Rio Tinto and BHP collaborate on electric trucks in the Pilbara
(Posted on 28/05/24)In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.The two companies will work with manufacturers Caterpillar and Komatsu to conduct independent trials of their battery-electric...
KEZAD signs lease agreement with Ducab Metals Business
(Posted on 28/05/24)KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Ducab Metals Business, a leading supplier of metals solutions in the region, has signed a lease agreement for expanding its existing manufacturing facility in KEZAD.The 50-year lease agreement, signed in the presence of Mohamed Al Khadar Al Ahmed...
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