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Commodities

Australia’s iron ore leaders partner for steel decarbonisation

Australia’s iron ore leaders partner for steel decarbonisation

(Posted on 11/02/24)

Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking Electric Smelting Furnace1 (ESF) pilot plant.Under a new framework agreement, Rio...

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Lithium market to face transition as demand growth slows

Lithium market to face transition as demand growth slows

(Posted on 02/02/24)

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing...

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Top US construction economist anticipates weak first half of 2024

Top US construction economist anticipates weak first half of 2024

(Posted on 31/01/24)

The top economist for the cement, concrete, and construction industries anticipates the U.S. economy will gradually weaken during the first half of 2024 but will likely slowly recover in the second half. Ed Sullivan, Portland Cement Association’s (PCA) Chief Economist and Senior Vice President of Market Intelligence, made...

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ADM to expand traceable soybean pilot after U.S. to Europe deliveries

ADM to expand traceable soybean pilot after U.S. to Europe deliveries

(Posted on 25/01/24)

ADM, a global leader in sustainably sourced solutions from nature, has announced that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective...

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MMW and HAG merge

MMW and HAG merge

(Posted on 18/01/24)

Mineralmahlwerk (MMW) Hamm, one of the largest processors of mineral raw materials in Europe, and Handels- und Aufbereitungsgesellschaft für Mineralien mbH (HAG), Hamm, a specialist in processing chrome ore sand, are now operating as a single company. HAG Hamm was founded in 2011 as an independent company from the Mineralmahlwerk...

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Dampier Salt agrees to sale of Lake Macleod operation to Leichhardt

Dampier Salt agrees to sale of Lake Macleod operation to Leichhardt

(Posted on 18/01/24)

Dampier Salt Limited (Dampier Salt) has entered into a sales agreement for the Lake MacLeod salt and gypsum operation in Carnarvon, Western Australia, with privately-owned salt company Leichhardt Industrials Group (Leichhardt) for A$375 million (US$251 million).Completion of the sale is conditional on certain commercial and regulatory...

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