Commodities
Russian first for RUSAL
(Posted on 24/09/19)RUSAL , one of the leading global aluminium producers, has announced that it plans to enter into a new five-year USD 750 million Sustainability Linked Pre-Export Finance (PXF) facility. It will be the first ever sustainability linked syndicated facility arranged by international commercial banks in Russia.The proceeds of the facility...
Heidelberg and Equinor CO2 agreement
(Posted on 18/09/19)The Chairman of the Managing Board of HeidelbergCement, Dr. Bernd Scheifele, and the state-owned Norwegian energy Group Equinor have signed a memorandum of understanding on the capture and storage (CCS) of CO2 at an international energy conference in Oslo.Since 2011, HeidelbergCement’s Norwegian subsidiary Norcem has...
Vale informs on Brucutu's mining
(Posted on 18/09/19)Vale has informed that it suspended works in one mining front of Brucutu mine, in the municipality of São Gonçalo do Rio Abaixo, State of Minas Gerais. That action will not impact Brucutu mine's production.The suspension follows a decision from Brazil's National Mining Agency, based on its understanding that one of...
RUSAL completes third Rubel Bond placement
(Posted on 10/09/19)RUSAL, one of the leading global aluminium producers, announces the closure of the book building process for the third placement of its 10-year ruble-denominated bonds. It has a three year put option on the Moscow Exchange with the nominal value of 15 billion rubles and a coupon rate of 8,25% p.a., a record low for the Company.A...
Cargill to deliver sustainable aquaculture feed
(Posted on 10/09/19)Cargill is expanding its offerings of sustainable alternatives to fishmeal in aqua feed thanks to a new agreement with White Dog Labs. The deal secures access to ProTyton, White Dog Labs’ single-cell protein produced by fermentation with corn feedstock—a sustainable alternative to harvesting fishmeal—which, like...
NGFA commends inland waterways study
(Posted on 03/09/19)The National Grain and Feed Association (NGFA) and Waterways Council, Inc. (WCI) in the USA have commended the U.S. Department of Agriculture (USDA) for releasing a significant new study that quantifies the cost-savings and competitive advantages that would accrue from investing in long-delayed improvements to inland waterways locks...
