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Glencore and Evolution Mining Limited (Evolution) have entered into a binding agreement for the sale and purchase of Glencore’s 100% interest in Ernest Henry Mining Pty Ltd, the owner of the Ernest Henry Mining (EHM) copper-gold mine in Queensland, Australia.Glencore will receive A$1 billion, comprising A$800 million on the...
Rio Tinto is investing US$87 million to increase its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec.The investment will increase production at the smelter by around 45 per cent, or 26,500 metric tonnes of primary aluminium per year, to a capacity...
RUSAL, a leading global aluminium producer, together with KUMZ, has successfully launched the production of various rolled and pressed semi-finished products from an aluminium-magnesium-scandium alloy of grade 1581.As part of this collaboration, KUMZ organised the commercial production of plates and sheets from ingots, produced...
Driven by sustained market recovery and further progress in the implementation of its strategic agenda, the Schenck Process Group is building on the strong performance of previous quarters. Despite continued challenges from the Covid-19 pandemic and global supply chain disruptions, the Group achieved a new record order intake of...
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...
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...