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Commodities

Rio Tinto declares maiden Ore Reserve at Jadar

Rio Tinto declares maiden Ore Reserve at Jadar

(Posted on 10/12/20)

Rio Tinto has disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at the 100% owned Jadar lithium-borates project in western Serbia.The Ore Reserve is 16.6 Mt at 1.81% Li2O and 13.4% B2O3The Mineral Resource underlying the maiden Ore Reserve has been updated to incorporate additional...

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Shell wins BHP iron ore vessels LNG supply agreement

Shell wins BHP iron ore vessels LNG supply agreement

(Posted on 06/12/20)

BHP has awarded its first LNG supply agreement for five LNG-fuelled Newcastlemax bulk carriers, which will transport iron ore between Western Australia and China from 2022.Shell has been awarded the contract to fuel the vessels, which BHP will charter from Eastern Pacific Shipping (EPS) for five-year terms.BHP Chief Commercial Officer...

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NGFA commends House passage of Grain Act

(Posted on 06/12/20)

The National Grain and Feed Association (NGFA) in the USA has commended the House for approving the U.S. Grain Standards Reauthorization Act of 2020 (S. 4054), which President Donald Trump is expected to sign into law.NGFA, established in 1896, consists of more than 1,000 grain, feed, processing, exporting and other grain-related...

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China to increase Indonesian coal imports

China to increase Indonesian coal imports

(Posted on 30/11/20)

The Indonesian Coal Mining Association (APBI-ICMA) and CCTDA (China Coal Transportation and Distribution), have signed a collaboration to increase coal exports from Indonesia to China. This agreement was carried out in the "China-Indonesia Coal Procurement Matchmaking Meeting" which was held virtually, where the Chinese delegation...

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World steel production up

World steel production up

(Posted on 30/11/20)

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.9 million tonnes (Mt) in October 2020, a 7.0% increase compared to October 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised...

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EUROFER welcomes Turkish steel registration

EUROFER welcomes Turkish steel registration

(Posted on 23/11/20)

The European Steel Association (EUROFER) has welcomed the start of the registration of Turkish hot-rolled steel imports. This could potentially lead to the retroactive application of anti-dumping duties that are normally scheduled for January 2021.Given the rules laid down in the basic trade defence regulation, the registration...

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