Commodities
Rusal commissions new open pit bauxite mine
(Posted on 26/04/21)Rusal, a leading global aluminium producer, has begun mining at a new open pit quarry at the Vezhayu-Vorykvinskoye deposit in the Komi Republic, with reserves of over 14 million tonnes of bauxite.The new open pit No. 4 will be the largest at the Sredne-Timansky bauxite mine. Mining capital works (the preparation works) lasted three...
Cargill reveals new canola facility plans
(Posted on 26/04/21)Cargill has announced plans to break ground on a new canola processing facility in Regina, Saskatchewan, to support the growing global demand for canola products. The company expects to begin construction on the $350 million project, which will have a similar design to Cargill’s existing Camrose facility, early next year with...
Rusal acquires Aluminium Rheinfelden
(Posted on 20/04/21)Rusal, a leading global aluminium producer, has announced that it has successfully completed the acquisition of Aluminium Rheinfelden GmbH (“Aluminium Rheinfelden”) following approval by the German Federal Cartel Office and the German Federal Ministry for Economic Affairs and Energy.The transaction ensures that operations...
High grades for Sorghum in USGC report
(Posted on 15/04/21)The U.S. Grains Council (USGC) has published its 2020/2021 Sorghum Quality Report and for the second year in a row, U.S. sorghum was, on average, graded above necessary requirements for U.S. No. 1.Protein content in sorghum was up eight percent year over year, with readings coming in at 11.2 percent, almost a full percentage point...
$8.4bn tax contribution by Rio Tinto
(Posted on 11/04/21)Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which shows that they made a total direct economic contribution of $47 billion in the countries and communities where it operates, including $8.4 billion of taxes and royalties.Despite the widespread challenges of COVID-19 in 2020, the...
En+ director joins Aluminium Stewardship Initiative board
(Posted on 06/04/21)En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has announced that its Director of Environmental and Climate Risk Management Department, Alexey Spirin, has joined the Board of the Aluminium Stewardship Initiative (ASI). Alexey, whose term of office is two years, succeeds Tolga Egrilmeizer...
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