Commodities
Bunge Chevron Ag Renewables to build Louisiana processing plant
(Posted on 10/03/24)Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA. The announcement was celebrated with a groundbreaking event at the site....
Funding to decarbonise iron ore processing in Labrador West
(Posted on 29/02/24)The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Company of Canada (IOC) to support the decarbonisation of iron ore processing at its operations in Labrador West.The funding will enable IOC to reduce the amount of heavy fuel oil that is consumed in the production...
Australia’s biggest renewables deal to repower Gladstone aluminium operations
(Posted on 22/02/24)Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project.The agreement, which follows the announcement last month of a PPA for the Upper...
BHP half year results released
(Posted on 22/02/24)Mike Henry, Chief Executive Officer, reviewed the Company's operating and financial performance:“We are saddened by the loss of one of our sub-contractors who was fatally injured at BMA’s Saraji mine in January. An investigation is underway into the circumstances of this tragic incident and we are resolute in our commitment...
Titan Lithium to set up AED 5 Billion processing plant in KEZAD
(Posted on 14/02/24)Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah...
Australia’s iron ore leaders partner for steel decarbonisation
(Posted on 11/02/24)Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking Electric Smelting Furnace1 (ESF) pilot plant.Under a new framework agreement, Rio...
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