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Commodities

NGFA says NASS reports are critical to agribusiness operations

(Posted on 23/04/24)

In a letter to U.S. Agriculture Secretary Tom Vilsack, the National Grain and Feed Association (NGFA) has said the county estimates for crops and livestock recently discontinued by the National Agricultural Statistics Service (NASS) are critical to the business operations of the grain, feed and processing industry.The NGFA, established...

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Bauxite and aluminium businesses deliver stable Rio Tinto results

Bauxite and aluminium businesses deliver stable Rio Tinto results

(Posted on 18/04/24)

Bauxite production of 13.4 million tonnes was 11% higher than the first quarter of 2023 for Rio Tinto with continued improvement in operational stability at Weipa and Gove. Aluminium production of 0.8 million tonnes was 5% higher than the first quarter of 2023. Kitimat is now back at full capacity.Rio Tinto Chief Executive Jakob...

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Rio Tinto spends more than A$16.1 billion with Australian suppliers

Rio Tinto spends more than A$16.1 billion with Australian suppliers

(Posted on 15/04/24)

Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion in 2023, as part of the company’s ongoing commitment to support communities where it operates.This was an increase of 5 per cent on the previous year and was spent with more than 5,800 businesses, including Australian...

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Cargill increases its renewable energy capacity by more than 40%

Cargill increases its renewable energy capacity by more than 40%

(Posted on 15/04/24)

Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new deals to bring online an additional 300 megawatts of wind and solar capacity, expanding its total offsite renewable energy portfolio to 716 megawatts.These contracts play a meaningful role in helping Cargill achieve its goal to...

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Agreement to set up KEZAD steel recycling and production facility

Agreement to set up KEZAD steel recycling and production facility

(Posted on 29/03/24)

The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones Abu Dhabi – KEZAD Group, and UAE-based Green Metal Industries have announced the signing of an agreement for the establishment of a new special steel recycling and production facility in KEZAD.To be developed with an investment...

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Senate legislation includes phosphate and potash as critical minerals

Senate legislation includes phosphate and potash as critical minerals

(Posted on 25/03/24)

The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to include phosphate and potash on the final list of critical minerals of the Department of the Interior. Introduced by Senators Sherrod Brown (D-OH), Thom Tills (R-NC), Tammy Baldwin (D-WI), Roger Marshall (R-KS), Pete Ricketts (R-...

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