Commodities
Fertilizers Europe welcomes Commission’s Russia report
(Posted on 06/11/20)European Fertilizer industry welcomes the Commission report providing fact-based evidence on significant government-induced distortions in the economy of Russia. The industry, which for many years grapples with a threat of injurious dumping, welcomes the fact the EU is now equipped with an additional instrument in the toolbox to...
Rusal instals crude aluminium cleaning system
(Posted on 06/11/20)Rusal, a leading global aluminium producer, completes the installation of a modern automated system for cleaning crude aluminium in crucibles at the Khakas aluminium smelter (KhAZ).The Company has invested USD 2.7 million in the project. The introduction of the automated complex will result in an expansion in both the share of alloys...
U.S. opposes Okonjo-Iweala as next WTO chief
(Posted on 02/11/20)The United States this week signalled its opposition to Nigeria’s Ngozi Okonjo-Iweala to become the next director-general of the World Trade Organization, issuing a statement of support for the other candidate, Korean Trade Minister Yoo Myung-hee.After weeks of consultations, WTO announced two finalists on Oct. 8 to replace...
Rusal announces Q3 results
(Posted on 02/11/20)Rusal’s Aluminium production] in 3Q20 totaled 939 thousand tonnes (+1.3% quarter-on-quarter (“QoQ”)), with Siberian smelters representing 93% of total aluminium output;In 3Q20, aluminium sales amounted to 1,008 thousand tonnes (up 3.3% QoQ). During this period, sales of value added products (VAP[2]) increased by...
BHP to reduce emissions at Nickel West
(Posted on 25/10/20)BHP has executed a 15-year contract extension to its power purchase agreement (PPA) with energy provider Southern Cross Energy (SCE) for the supply of electricity to its Nickel West Goldfields based operations.The agreement extends the current arrangement to 2038, giving Nickel West access to all electricity produced by SCE.Nickel...
Rio Tinto learns to live with Covid-19
(Posted on 18/10/20)Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “We have delivered a good operational performance across most of our assets catching up on planned maintenance activity, particularly in iron ore, and continuing to adapt to new operating conditions as we learn to live with COVID-19...
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