Commodities
GrainGrowers management update
(Posted on 16/08/18)Australia’s Board of national grain farmer representative organisation, Grain Growers Limited (GrainGrowers), has announced an updated management structure for the organisation.GrainGrowers will transition to a single CEO effective today, after a successful period operating with a dual CEO structure.David McKeon has been appointed...
Rusal’s first half uplift despite supply disruptions
(Posted on 16/08/18)UC Rusal, a leading global aluminium producer, has announced its results for the three and six months ended 30 June 2018.Total revenue increased by USD233 million, or 4.9% to USD4,997 million in the first six months of 2018 from USD4,764 million in the corresponding period of 2017.UC Rusal is a leading, global producer of aluminium...
Emerging Markets bright spot at U.S Grains Council Denver meeting
(Posted on 02/08/18)In a global trade environment challenged by tariffs and tensions, emerging markets for grains and ethanol provided a bright spot for U.S. farmers, agribusinesses and industry officials at the U.S. Grains Council’s 58th Annual Board of Delegates meeting in Denver this week.The Council’s Middle East and Africa Director...
Rio Tinto sells off remaining coal assets
(Posted on 02/08/18)Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for $1.7 billion, and its interest in the Kestrel underground coal mine to a consortium...
Taskforce urges action to deliver CCUS
(Posted on 02/08/18)A new report to the UK Government says carbon capture utilisation and storage (CCUS) has a key role to play in decarbonising the country and unlocking major economic, social and environmental benefits.The report, Delivering Clean Growth: CCUS Cost Challenge Taskforce Report, makes a series of recommendations towards lowering...
LINX Cargo Care Group agrees to acquire Pedersen
(Posted on 26/07/18)LINX Cargo Care Group, and its subsidiary C3 Limited, has announced that it has been successful in its bid to acquire Pedersen Group, a market leading provider of wood chipping and woodyard management services to pulp and paper mills, and forest owners in Australia and New Zealand.Pedersen Group handles over 8.3 million tonnes per...
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