Commodities

Glencore and GEM extend cobalt partnership

(Posted on 09/10/19)

GEM Co. Ltd (GEM) and Glencore have announce that they have entered into a five year agreement for the supply of cobalt hydroxide (cobalt).Under the terms of the agreement, Glencore will provide a minimum of 61,200 tonnes of Cobalt for GEM between 2020 and 2024.Mr Xu, Chairman of GEM commented: “GEM is very pleased to...

Cargill launches forest protection panel

(Posted on 09/10/19)

Cargill has formed a new Land Use and Forest Protection Advisory Panel to accelerate progress across priority supply chains and provide a more systematized basis for the input of key global partners and NGOs.The panel is designed to ensure that the strategies and resources underpinning Cargill’s forest commitments...

U.S. and Japan reach tariff agreement

(Posted on 03/10/19)

The United States and Japan has announced a limited trade deal that includes Japan opening its markets to more than $7 billion in U.S. agricultural products.President Donald Trump and Japanese Prime Minister Shinz? Abe announced the agreement during a meeting on the sidelines of the United Nations General Assembly meeting in New...

USDA won’t pursue standards changes

(Posted on 03/10/19)

The U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) announced last week that it will not pursue changes to the U.S. standards for corn and soybeans under the U.S. Grain Standards Act (USGSA). AMS cited comments from stakeholders, including a joint statement on the soybean standards authored by NGFA and...

Rio Tinto signs steel MOU

(Posted on 27/09/19)

Rio Tinto, one of the world’s largest iron ore producers, has signed a Memorandum of Understanding (MOU) with China’s largest steel producer, China Baowu Steel Group and Tsinghua University, one of China’s most prestigious and influential universities (the Parties), to develop and implement new methods to reduce...

Cargill reports results