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Commodities

BHP contributes $60 billion to Australian economy in FY23

BHP contributes $60 billion to Australian economy in FY23

(Posted on 19/09/23)

BHP contributed $60 billion (AUD) in economic value to the Australian economy in the 2023 financial year, through wages, dividends, supplier payments, taxes, royalties and community investments.BHP disclosed the figures in its 2023 Economic Contribution Report, which highlighted:$19.1 billion spent with Australian suppliers. This...

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BHP contributes $60 billion to Australian economy in FY23

(Posted on 19/09/23)

BHP contributed $60 billion (AUD) in economic value to the Australian economy in the 2023 financial year, through wages, dividends, supplier payments, taxes, royalties and community investments.BHP disclosed the figures in its 2023 Economic Contribution Report, which highlighted:$19.1 billion spent with Australian suppliers. This...

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Trafigura announces executive leadership changes

Trafigura announces executive leadership changes

(Posted on 19/09/23)

Trafigura Group Pte Ltd. has announced an evolution of its executive team to further strengthen leadership and focus across its global activities during a period of exceptional success and growth. The changes also reflect the forthcoming retirement of Mike Wainwright.Trafigura is a leading commodities group, owned by its employees...

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World cereal production in 2023/24 seen on par with the 2021 record

World cereal production in 2023/24 seen on par with the 2021 record

(Posted on 12/09/23)

The Food and Agricultural Organisation of the United Nations (FAO) forecast for global cereal production in 2023 has been revised down by 4 million tonnes compared to the previous figure released in July.Nevertheless, despite this month’s downgrade, world cereal production is seen increasing by 0.9 percent year on year, reaching...

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Rio Tinto appoints new Aluminium Chief Executive

Rio Tinto appoints new Aluminium Chief Executive

(Posted on 08/09/23)

Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella. Jérôme, who was until recently President and CEO of General Electric (GE) Renewable Energy, will join Rio Tinto on 23 October 2023.Jérôme is a French citizen with over 30 years of business...

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US wheat growers express “unease” on final WOTUS Rule

US wheat growers express “unease” on final WOTUS Rule

(Posted on 04/09/23)

The Environmental Protection Agency (EPA) and the Army Corps in the USA have announced the final definition of the Water of the United States (WOTUS) rule. The National Association of Wheat Growers released this statement:“While NAWG acknowledges that the EPA and Army Corps have taken steps to address the aspects of the 2023...

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