Commodities
Anglo American update on sale of steelmaking coal business to Peabody
(Posted on 15/04/25)Anglo American plc has noted the recent statement issued by Peabody Energy in relation to the definitive agreements announced on 25 November 2024 for Peabody to acquire Anglo American’s portfolio of steelmaking coal mines in Australia.In its statement, Anglo American said that it “continues to work with Peabody towards...
Rio Tinto’s first Western Australian-made iron ore rail cars
(Posted on 03/04/25)Rio Tinto’s first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron ore business.The company is investing about A$150 million to purchase 100 locally built rail cars, as well as continued investment in bearing refurbishment for its...
ADM and Mitsubishi form strategic agriculture supply chain alliance
(Posted on 01/04/25)ADM and Mitsubishi Corporation have signed a non-binding memorandum of understanding to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.In recent years, the importance of secure and resilient food and agriculture supply chains has come into sharper focus, driven both...
ESL Shipping and SSAB extend cooperation in raw material transports
(Posted on 27/03/25)ESL Shipping and global steel manufacturer SSAB have agreed on a multi-year extension of the agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea. In addition, the new contract covers transport of SSAB’s fossil-free sponge iron produced with HYBRIT technology including...
Sakatti copper project in Finland awarded ‘Strategic Project’ status by EU
(Posted on 27/03/25)Anglo American’s Sakatti copper and polymetallic project in Finland has been designated as a ‘Strategic Project’ by the European Commission under the European Union’s (EU) Critical Raw Materials Act (CRMA). Under the CRMA, Strategic Projects are considered to be in the public interest due to their importance...
FEFAC calls for targeted transatlantic feed trade agreement
(Posted on 18/03/25)FEFAC, representing the EU compound feed and premix manufacturers, noted with deep concern the announced US Tariffs against EU steel and aluminium products and the EU counter tariffs covering a wide range of US agricultural products, in particular feed grain and other feed products.Mr Pedro Cordero, FEFAC President stressed that...
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