Commodities
NGFA testifies on rail service failures experienced by grain shippers
(Posted on 27/04/22)The National Grain and Feed Association (NGFA) in the USA has testified before the Surface Transportation Board (STB), listing several examples of rail service failures experienced by grain shippers across the country and outlining recommended actions for the STB.“NGFA’s preference is to seek commercial solutions between...
Challenging Q1 re-emphasises need to lift Rio Tinto’s ops performance
(Posted on 20/04/22)Rio Tinto has released its first quarter production results. Chief Executive Jakob Stausholm, said: “We made notable progress during the quarter with the commencement of underground mining at Oyu Tolgoi following a comprehensive agreement reached with the Government of Mongolia, completed the acquisition of the Rincon lithium...
Universities: sand produced by Vale a solution to sustainability
(Posted on 14/04/22)A report by the University of Queensland and the University of Geneva indicates that sand from iron ore production can reduce carbon emissionsThe University of Queensland (UQ), through its Sustainable Minerals Institute (SMI), and the University of Geneva (UNIGE) has released a report indicating that sand from the ore production...
20 Soy schemes pass FEFAC benchmarking process
(Posted on 12/04/22)FEFAC and ITC have announced that five more schemes offering responsible soy products to the European feed market have successfully passed the independent benchmarking process against the FEFAC Soy Sourcing Guidelines 2021. The FEFAC represents, defends and promotes the interests of the European compound feed and premix industry...
US ag groups urge flexibility amid food crisis threat
(Posted on 01/04/22)The National Grain and Feed Association (NGFA) in the USA has urged Agriculture Secretary Tom Vilsack to provide flexibility for Conservation Reserve Program (CRP) acres to help address global commodity supply challenges caused by Russia’s invasion of Ukraine. The NGFA consists of grain, feed, processing, exporting and...
Rio Tinto completes acquisition of Rincon lithium project
(Posted on 30/03/22)Rio Tinto has completed the acquisition of the Rincon lithium projectin Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB).A binding agreement to purchase the project from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners...
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