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Commodities

NGFA announces Seyfert as new President and CEO

NGFA announces Seyfert as new President and CEO

(Posted on 05/01/21)

The National Grain and Feed Association (NGFA) in the USA has announced that Michael J. Seyfert will become its new president and chief executive officer.Seyfert is scheduled to become NGFA’s top executive staff officer on March 1, succeeding Randy Gordon, who will retire by the end of March after serving nearly 43 years with...

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Joint statement from PKKP and Rio Tinto

Joint statement from PKKP and Rio Tinto

(Posted on 28/12/20)

Rio Tinto and the Puutu Kunti Kurrama and Pinikura people (PKKP) confirm they have taken initial steps in rebuilding their relationship following the events at Juukan Gorge in May 2020.In a joint statement they said, “PKKP in co-operation with Rio Tinto have been involved in remedial works at Juukan Gorge. These works will...

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2021 Coal demand rebound set to be short-lived

2021 Coal demand rebound set to be short-lived

(Posted on 22/12/20)

A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by the Covid-19 crisis, according to a new report from the International Energy Agency.However, there is little sign that the world’s coal consumption is set to decline substantially in...

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NGFA commends Congress for waterways provisions

NGFA commends Congress for waterways provisions

(Posted on 22/12/20)

The National Grain and Feed Association (NGFA) in the USA has commended Congress for including key inland waterways and port legislation – one of its major 2021 legislative priorities – in the fiscal 2021 omnibus spending bill approved Monday night.“An efficient waterborne transportation system is crucial for growing...

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Rio Tinto appoints Stausholm as CEO

Rio Tinto appoints Stausholm as CEO

(Posted on 17/12/20)

Rio Tinto has appointed Jakob Stausholm as chief executive, effective 1 January 2021. Since joining Rio Tinto as an executive director and chief financial officer in 2018, Mr Stausholm has played a leading role in the Group’s strong performance, maintaining capital allocation discipline and delivering significant shareholder...

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Rusal a preferred supplier to Hyundai Sungwoo

(Posted on 17/12/20)

RUSAL, a leading global aluminium producer, is pleased to announce that Hyundai Sungwoo Holdings Co, Ltd. has chosen RUSAL as its preferred long-term sustainable supplier of primary foundry aluminium alloys.Hyundai Sungwoo Holdings, headquartered in Seoul, South Korea is one of the largest automotive and auto parts company, and...

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