Commodities
Cargill joins decarbonising research centre
(Posted on 30/06/20)Cargill has joined leading players across the global maritime industry to launch the Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping in Copenhagen, Denmark. The centre will focus on developing new fuel types and technologies, a significant action to accelerate the industry’s commitment to decarbonize shipping by 2050...
Oyu Tolgoi mine power agreement
(Posted on 30/06/20)Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi that paves the way for the Government to fund and construct a State Owned Power Plant at Tavan Tolgoi.The agreement, which is a revision of the Power Source Framework Agreement (PSFA) signed...
ADM to expand corn processing complex
(Posted on 25/06/20)To help meet continuing high demand for hand sanitizer, ADM has announced it is significantly increasing production of industrial alcohol at its Clinton, Iowa, corn processing complex.“ADM is one of the largest corn processors in the world, and our scale and flexibility give us the capability to substantially scale up production...
Support for U.S. Grains Act
(Posted on 25/06/20)The National Grain and Feed Association (NGFA) in the USA and North American Export Grain Association (NAEGA) have said they strongly support legislation that would reauthorize and improve the U.S. Grain Standards Act.The Senate Agriculture Committee will consider the bill reauthorizing the U.S. Grain Standards Reauthorization Act...
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...
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