Commodities
Rio Tinto announces board-led heritage review
(Posted on 19/06/20)Rio Tinto has launched a board-led review of its heritage management processes within Iron Ore following the events at Juukan Gorge, with a focus on recommending improvements to the effectiveness of its internal processes and governance.The review will be conducted by Michael L’Estrange AO, an independent non-executive director...
WCA responds to India coal auctions
(Posted on 19/06/20)Statement from Michelle Manook, World Coal Association Chief Executive:“The World Coal Association acknowledges the significance of India’s coal auctions in what is recognised as a historic moment for the country. We strongly support all countries in their right to choose coal and clean coal technologies, to deliver...
Rusal launches new foundry complex
(Posted on 18/06/20)RUSAL, a leading global aluminium producer, has announced the commissioning of a new foundry complex at the Boguchansky aluminium smelter with a capacity of 120 thousand tonnes of alloys per year.The new foundry by the Italian company Properzi will produce a qualitatively new product - high silicon aluminium alloy with increased...
World steel demand to shrink 6.4%
(Posted on 15/06/20)The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) for 2020 and 2021. In 2020 worldsteel forecasts that steel demand will contract by 6.4%, dropping to 1,654 Mt due to the COVID-19 crisis. In 2021 steel demand is expected to recover to 1,717 Mt, an increase of 3.8 % over 2020.This year’s reduction...
Rusal tests new inert anode pot
(Posted on 12/06/20)RUSAL , a leading global aluminium producer, has announced that it has commenced testing operations for a pilot industrial electrolytic cell with inert anodes, which has an improved design and a record low carbon footprint.The new pilot model will replace the inert anode electrolytic cell already being tested by RUSAL as the next...
Cargill progress on sustainability goals
(Posted on 08/06/20)Cargill recently outlined progress against sustainability goals in critical supply chains including aqua nutrition, cocoa and chocolate, palm, soy, ocean transportation and beef. With a focus on advancing progress on land use, climate change, water, farmer prosperity and human rights, the company is working across every supply chain...
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