Commodities
Cargill surpasses one million enrolled acres in Cargill RegenConnect
(Posted on 20/11/24)Cargill RegenConnect has surpassed one million enrolled acres for the 2025 U.S. planting season, a milestone that underscores Cargill’s ongoing efforts to support farmers in adopting regenerative agriculture practices. Through partnerships with farmers across the United States and beyond, Cargill is helping to transform agricultural...
Agreements to accelerate decarbonisation of steelmaking in Europe
(Posted on 20/11/24)Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to...
Partnership to trial battery swap technology in mine operations
(Posted on 12/11/24)Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging...
Colombian nature-based carbon removals project is expanded
(Posted on 12/11/24)Trafigura Group, a market leader in the global commodities industry, has announced a significant expansion of the Brújula Verde landscape restoration project in collaboration with GenZero, a Temasek-owned investment platform focused on accelerating decarbonisation globally. This landmark commitment of over US$100m will double...
Rio Tinto completes acquisition of Sumitomo stake in NZAS
(Posted on 04/11/24)Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s) 20.64% interest in New Zealand Aluminium Smelters (NZAS) was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand.Following completion of the transaction, NZAS is now wholly owned...
Vale and Jinnan announce investment in Oman iron ore concentration plant
(Posted on 31/10/24)Vale and Jinnan Iron & Steel Group, a renowned Chinese steelmaker, have announced a joint partnership to establish an iron ore concentration plant in Sohar Port and Freezone, in Oman. With an initial investment exceeding US$ 600 million, the state-of-the-art facility will supply high-quality iron ore for production of pellets...
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