Commodities
Bunge completes sale of its North America corn milling business
(Posted on 02/07/25)Bunge Global SA has confirmed that it has completed the previously announced sale of its North America dry corn and corn masa milling business.In April, Bunge entered into definitive agreements to sell the corn milling businesses to Grain Craft, one of the largest independent flour millers in the U.S. This transaction includes Bunge...
SSAB secures additional EUR 430 million green financing for Luleå
(Posted on 02/07/25)Following the successful debt raising at the end of April 2025, SSAB has secured an additional EUR 430 million green financing to support its transformation project in Luleå, Sweden. The transformation project will establish a state-of-the-art mini-mill which plays a central role in repositioning SSAB Europe as a maker of...
Soaring demand opens up investment opportunities across West Africa
(Posted on 25/06/25)Despite China’s dominant position in securing commodities across Africa, there are still many opportunities to invest in mines, bulk markets and logistics services, said Capt. Pappu Sastry, CEO of ASL, speaking at the Asia Dry Bulk Cargo Summit at Drycon in Mumbai recently.“China is very aggressive and successful at...
Rio Tinto and Hancock Prospecting invest $1.6 billion in Pilbara iron ore project
(Posted on 25/06/25)Rio Tinto and Hancock Prospecting will invest $1.61 billion (Rio Tinto share $0.8 billion) to develop the Hope Downs 2 iron ore project in Western Australia’s Pilbara region.The Hope Downs 2 project, to mine Rio Tinto and Hancock Prospecting’s Hope Downs 2 and Bedded Hilltop deposits, has now received all necessary State...
SSAB postpones commissioning of new steel mill in Luleå by 12 months
(Posted on 20/06/25)SSAB has commenced preparatory work to build a new, state-of-the-art steel mill in Luleå, Sweden which will replace the current blast furnace-based production. Vattenfall Eldistribution has announced that reinforcements to the transmission grid for the new steel mill will not be delivered as planned and following an initial...
Anglo American streamlines leadership team to reflect portfolio progress
(Posted on 20/06/25)Anglo American plc has streamlined its executive leadership team to reflect substantial progress with the simplification of its portfolio, with the demerger of Valterra Platinum completed and the sales agreed for the steelmaking coal and nickel businesses.Anglo American is a leading global mining company focused on the responsible...
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