Commodities
BHP’s operational review
(Posted on 18/04/19)BHP has released its operational review for the nine moinths ended 31st MarchBHP Chief Executive Officer, Andrew Mackenzie, said: “During the March 2019 quarter, we had a strong operational performance despite weather impacts across Australia and Chile. We approved Atlantis Phase 3 and now have five major projects under development...
New Aluminium mill for Kentucky
(Posted on 18/04/19)RUSAL, one of the leading global aluminium producers, and Braidy Industries Inc., a US base holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, have announced an intent to establish a joint project...
Separating portfolio appeals to GrainCorp
(Posted on 08/04/19)GrainCorp Limited has announced its intention to demerge its global malting business, subject to shareholder and other approvals. The company’s global malt business, 57% of the FY18 operating earnings (EBITDA), will be de-merged and listed separately.GrainCorp is a leading international agribusiness with diversified operations...
Aluminum associations’ letter to Trump
(Posted on 08/04/19)The USA Aluminum Association has released a joint letter with the Aluminium Association of Canada and IMEDAL calling for the administration to reinstate quota-free exemptions from the aluminum tariffs for Canada and Mexico before the United States-Mexico-Canada Agreement (USMCA) is implemented.The full text of the letter is below...
WCA response to IEA Report
(Posted on 08/04/19)The International Energy Agency (IEA) released its annual Global Energy & CO2 Status Report assessing global energy consumption and related-emission trends for 2018.The World Coal Association in a statement said:Our position on the climate and energy has always been clear – we support a balanced approach that...
K+S secures potassium sulfate access
(Posted on 02/04/19)K+S has entered into an agreement with the Australian company, Kalium Lakes, for the purchase of up to 90,000 tonnes of the specialty fertilizer potassium sulfate (SOP) per year. The agreement has a term of ten years and ensures that K+S has exclusive access to the first potassium sulfate production in Australia.K+S is a customer...
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