Commodities

Time for change, say Canada’s grain farmers

(Posted on 26/05/21)

On welcome news of the Canadian Grain Commission’s fee reduction, effective August 1, 2021, Canada’s grain farmers continue to underscore the need for comprehensive change to the organization’s scope and services. As the voice of grain farmers in Ottawa, the Grain Growers of Canada recently submitted a series of...

Rusal plans for transformation

(Posted on 21/05/21)

Rusal, a leading aluminium producer, has announced that it is pursuing a demerger of its higher carbon assets to unlock value through the creation of two businesses with separate strategies. The Board of Directors has given approval to a proposal from management, which is in line with the Company’s ambitious environmental...

First rotor sails equipped ore carrier to serve Vale

(Posted on 17/05/21)

The fleet of ships serving Vale is to include the first large ore carrier in the world equipped with rotor sails. The VLOC (Very Large Ore Carrier) is a Guaibamax, with 325,000 tons of capacity. There are five sails installed along the vessel that will allow a gain in efficiency of up to 8% and a consequent reduction of up to 3,...

Sustainable U.S. Soy takes root in Japan

(Posted on 11/05/21)

In markets around the world, including Japan, sustainability is top of mind for consumers and end users. 73% of Japan’s imported soybeans come from the United States and as consumer demand for sustainability has grown in that country, it has become increasingly important for Japanese companies to envision and map out...

EU Commission’s distortive subsidies efforts acknowledged

(Posted on 06/05/21)

The European fertilizer industry has acknowledged the Commission’s proposal to add a new instrument in their toolbox to tackle distortions caused by foreign subsidies. At a time when the EU fertilizer industry is engaged in the Green Deal decarbonisation transformation, it is important that fair competition conditions prevail...

ASI certifies Rio Tinto’s Iceland smelter

(Posted on 04/05/21)

Rio Tinto's ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production.The certification continues Rio Tinto’s leadership of the industry on responsible aluminium production from mine to metal, and...