Commodities
Vale and Port of Açu sign steelmaking decarbonisation Mega Hub agreement
(Posted on 26/09/23)Vale has announced that it signed a MOU with the Port of Açu to study the development of a Mega Hub at the port located in São João da Barra in the state of Rio de Janeiro, to produce HBI (hot briquetted iron) using the direct reduction route.Located in the northern region of Rio de Janeiro, the Port of Aç...
European feed industry continues commitment to responsible soy
(Posted on 26/09/23)The European Soy Monitor 2021 has been published, containing an overview of estimations on the use of responsible and deforestation-free soy in European animal feed production in 2021. The report points to 40% of soybean meal equivalent of total European soy consumption to be sourced according to the FEFAC Soy Sourcing Guidelines...
BHP contributes $60 billion to Australian economy in FY23
(Posted on 19/09/23)BHP contributed $60 billion (AUD) in economic value to the Australian economy in the 2023 financial year, through wages, dividends, supplier payments, taxes, royalties and community investments.BHP disclosed the figures in its 2023 Economic Contribution Report, which highlighted:$19.1 billion spent with Australian suppliers. This...
BHP contributes $60 billion to Australian economy in FY23
(Posted on 19/09/23)BHP contributed $60 billion (AUD) in economic value to the Australian economy in the 2023 financial year, through wages, dividends, supplier payments, taxes, royalties and community investments.BHP disclosed the figures in its 2023 Economic Contribution Report, which highlighted:$19.1 billion spent with Australian suppliers. This...
Trafigura announces executive leadership changes
(Posted on 19/09/23)Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a period of exceptional success and growth. The changes also reflect the forthcoming retirement of Mike Wainwright.Trafigura is a leading commodities group, owned by its employees...
World cereal production in 2023/24 seen on par with the 2021 record
(Posted on 12/09/23)The Food and Agricultural Organisation of the United Nations (FAO) forecast for global cereal production in 2023 has been revised down by 4 million tonnes compared to the previous figure released in July.Nevertheless, despite this month’s downgrade, world cereal production is seen increasing by 0.9 percent year on year, reaching...
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