Commodities
Rio Tinto releases Q2 production results
(Posted on 22/07/20)Rio Tinto has achieved a robust production performance with volumes up 1% compared with the second quarter of 2019 on a copper equivalent basis despite significant global challenges, restrictions related to COVID-19 and the impact of the earthquake at Kennecott, Utah. Pilbara iron ore shipments of 86.7 million tonnes (100% basis...
USA to digitise barge industry transactions
(Posted on 16/07/20)The National Grain and Feed Association (NGFA) in the USA has announced its official partnership with a new affiliated organization – National Grain and Feed Digital Solutions (NGFDS) – to oversee the widely anticipated new Barge Digital Transformation (BDT) platform.The BDT project is the massive undertaking underway...
Fertilizer producers to aid hydrogen economy
(Posted on 16/07/20)The European fertilizer industry has welcomed the EU Hydrogen Strategy and particularly the recognition ofammonia as a fuel of the future and emphasizes the potential of ammonia as energy storage technology.By creating a sustainable and competitive environment for strategic technologies such as low-carbon hydrogenand green ammonia...
NZAS to wind-down operations
(Posted on 10/07/20)Rio Tinto will start planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters (NZAS) following the conclusion of its strategic review which has shown the business is no longer viable given high energy costs and a challenging outlook for the Aluminum industry.As a result, NZAS has given...
Oyu Tolgoi mine confirms project schedule
(Posted on 06/07/20)Oyu Tolgoi LLC has completed an updated feasibility study (OTFS20) and is in the process of submitting this to the Government of Mongolia. The OTFS20 has been prepared in accordance with Mongolian regulations and standards which require mining companies to submit updated feasibility studies every five years. The updated study incorporates...
Rusal publishes sustainability report
(Posted on 06/07/20)RUSAL, a leading global aluminium producer, has published its annual Sustainability Report on the Hong Kong stock exchange.The report outlines the Company's sustainable development strategy and includes information on measures taken to reduce its carbon footprint and emissions, social policy, efforts to develop the regions where...
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