Commodities
Kamoa Copper reaches new monthly record
(Posted on 08/11/21)Chairman of the Board, Ben Munanga and Chief Executive Officer, Mark Farren have announced that Kamoa’s phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant has met, or exceeded, all design criteria and is now in steady-state operation.Kamoa is projected to be the world’s highest-grade major copper mine, with...
Global ag companies to accelerate towards net-zero emissions
(Posted on 02/11/21)Ten of the world’s biggest global agricultural trading and processing companies have issued a joint statement committing to a sectoral roadmap by COP27 for enhanced supply chain action consistent with a 1.5°C pathway.The companies – ADM, Amaggi, Bunge, Cargill, Golden Agri-Resources, JBS, Louis Dreyfus Company, Olam...
Low-carbon aluminium key ingredient for Japan’s growth
(Posted on 28/10/21)En+ Group, together with its metals segment, RUSAL, has published research that stresses the critical role of low carbon aluminium as a part of Japan’s Green Growth Strategy, underpinning the green energy transition and the further evolution of the circular economy.Drawing on market data, the paper shows a projected 20% increase...
Rio Tinto and Carbfix partner for carbon capture and storage
(Posted on 28/10/21)Rio Tinto and Carbfix are partnering to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland.Under a Memorandum of Understanding (MoU) for a strategic partnership, Carbfix will use Rio Tinto’s land surrounding the ISAL smelter for onshore CO2 injection...
VDKi: coal continues to secure energy transition
(Posted on 25/10/21)The Verein der Kohlenimporteure e. V. (VDKi) – the German Coal Importers association, believes that the course of 2021 illustrates very clearly that security of supply is and will remain one of the most important issues in the German energy transition.The expansion of supply-dependent renewable energy, wind and solar, is the...
Trafigura closes Syndicated Revolving Credit Facility and Term Loan Facilities
(Posted on 25/10/21)Trafigura Group Pte Ltd (“Trafigura”), a market leader in the global commodities industry, has announced the closure of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities (the “Facilities”) at USD2.4 billion-equivalent. The Facilities were substantially oversubscribed...
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