Commodities
Rio Tinto progresses Rhodes Ridge to next study phase
(Posted on 07/12/23)Rio Tinto has approved a $77 million (A$110 million) pre-feasibility study (PFS) to progress development of the Rhodes Ridge project, one of the world’s best undeveloped iron ore deposits, in the East Pilbara in Western Australia.The commencement of a PFS follows completion of an Order of Magnitude study that considered development...
Rio Tinto and Giampaolo complete aluminium recycling transaction
(Posted on 03/12/23)Rio Tinto and Giampaolo Group have completed a transaction to form the Matalco joint venture, combining the strengths of North America's largest primary and secondary aluminium producers to meet the growing demand from manufacturers for low carbon materials.Following the receipt of all regulatory approvals, Rio Tinto has acquired...
Partnership creates UAE’s largest galvanising pool in KEZAD
(Posted on 03/12/23)Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the UAE have announced the signing of an agreement between Metal Park and Galva Hub that will usher in a new era of capabilities and efficiency in metal processing industry.The partnership is poised to create...
ADM launch of regenerative agriculture programme in Brazil
(Posted on 26/11/23)ADM, a leader in sustainable agriculture supply chains, has announced an important expansion of its global regenerative agriculture efforts with the launch of its programme in Brazil. The Brazil programme aims to promote and support sustainable agricultural production with a focus on soil health, biodiversity protection, improved...
$140m Investment agreement to build all-in-one nickel refinery
(Posted on 17/11/23)Trafigura, a market leader in the global commodities industry, has agreed to invest in an all-in-one nickel refinery that Korea Zinc is set to establish through its nickel sulphate subsidiary, Korea Energy Materials (KEMCO). In a ceremony held on 16 November at the head office of Korea Zinc, the two companies signed an agreement...
ADM and Marathon take next step in meeting renewable fuels demand
(Posted on 17/11/23)ADM and Marathon Petroleum Corp. have celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing. The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable...
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