Commodities
EUROFER condemns US tariffs and calls for safeguards to counter ‘Section 232 effect’
(Posted on 01/06/18)US Commerce Secretary Wilbur Ross has announced that the US’ Section 232 tariffs will now hit EU steel. As of today, 1 June, the EU will face a 25% tariff on its exports of the metal to the US.The European Steel Association (EUROFER) has condemned the US action and called on the Commission to swiftly adopt safeguard measures...
Trump administration prepares for China import consultations
(Posted on 31/05/18)As a follow-up to initial “constructive” trade discussions with a Chinese delegation headed by Vice Premier Liu Hei that concluded on 18 May in Washington, the Trump administration is preparing for additional consultations in the near future in China on increasing that country’s imports of U.S. agricultural and...
BMA to sell Gregory crinum mine
(Posted on 31/05/18)BHP Billiton Mitsubishi Alliance (BMA) joint venture partners BHP and Mitsubishi Development Pty Ltd (Mitsubishi) have entered into an agreement to sell the Gregory Crinum Mine in central Queensland, to Sojitz Corporation for A$100 million.In addition to the sale of the mine to Sojitz, BMA will be providing appropriate funding for...
Essar and INTER RAO – Export LLC sign Mou
(Posted on 31/05/18)INTER RAO – Export LLC and Indian power company Essar Power have signed a Memorandum of Understanding and strategic cooperation in the power sector. The ceremony has taken place at St. Petersburg International Economic Forum 2018. Mr. Maxim E. Sergeev, Director General of INTER RAO – Export LLC, and Mr. Ravi Ruia, Co...
Coal and the SDGs
(Posted on 31/05/18)The World Coal Association (WCA) is holding a series of roundtables throughout 2018 to explore coal and the UN Sustainable Development Goals SDGs).This series of roundtables will bring together participants with different perspectives, covering a number of geographic regions and addressing the entire lifecycle of coal, from...
Rio Tinto granted accreditation for AutoHaul
(Posted on 24/05/18)Rio Tinto has been granted accreditation by Australia’s Office of the National Rail Safety Regulator approving the autonomous operation of trains at the group’s iron ore business in Western Australia.The AutoHaul project continues to progress and is on schedule to be completed by the end of 2018. Rio Tinto will take...
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