Commodities
Rio Tinto and Marubeni to create stronger Aluminium supply chains
(Posted on 20/02/23)Global miner Rio Tinto and Japanese trader and business conglomerate Marubeni Corporation have agreed a first sale under a new strategic Collaboration Agreement to secure a sustainable and reliable supply of Rio Tinto’s Responsible Aluminium products to Japanese downstream manufacturers.The first sale is a batch of Rio Tinto...
Trafigura completes acquisition of Ecobat Stolberg multi-metals plant
(Posted on 20/02/23)Trafigura, a market leader in the global commodities industry, and Ecobat, the global leader in battery recycling, have confirmed that Trafigura’s acquisition of the Ecobat Resources Stolberg GmbH (ERS) business has been completed following the satisfaction of customary conditions precedent including the receipt of regulatory...
EUROFER welcomes ITRE report
(Posted on 13/02/23)Hydrogen is at the core of the green steel transition. Ensuring access to this scarce resource – with a share of a bare 2% in today’ EU energy mix – will be paramount in the upcoming years to enable carbon-neutral steelmaking in practice. The reports adopted by the European Parliament’s Industry, Research...
Tata Steel sets up an Innovation Centre for Mining and Mineral Research
(Posted on 08/02/23)Tata Steel has established a Centre for Innovation in Mining and Mineral Beneficiation at the Indian Institute of Technology (Indian School of Mines), Dhanbad.Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum.The Company aims to strengthen its long-term competitiveness...
NGFA outlines actions for improving transportation infrastructure
(Posted on 06/02/23)The National Grain and Feed Association (NGFA) in the USA has outlined recommended actions for Congress to incentivize better rail service, improve trucking capacity and continue modernizing U.S. inland waterways. NGFA submitted the comments for the House Transportation and Infrastructure Committee’s 1 February hearing on...
Cargill completes acquisition of Owensboro Grain Company
(Posted on 27/01/23)Cargill has announced that it has completed the acquisition of Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and refinery located in Owensboro, Kentucky.“Today marks a significant milestone as we welcome Owensboro Grain Company into our Cargill family,” said Leonardo Aguiar, president...
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