Commodities
Trafigura half year result show core business strength
(Posted on 07/06/24)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released its 2024 Half Year results for the period ended 31 March 2024."The strength of our business was evident with robust performances from our core divisions," said Jeremy Weir, Trafigura’s Executive Chairman and Chief Executive Officer. &...
New Zealand aluminium smelter’s future secured with power deals
(Posted on 01/06/24)New Zealand Aluminium Smelters (NZAS) has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand’s South Island.NZAS, which owns and operates...
NGFA statement on farm bill advanced by House Ag Committee
(Posted on 31/05/24)The House Agriculture Committee in the USA have advanced a farm bill that includes several important provisions for the grain, feed and processing industry.National Grain and Feed Association (NGFA) President and CEO Mike Seyfert issued the following statement:“NGFA members know that you can’t begin working towards the...
Rio Tinto and BHP collaborate on electric trucks in the Pilbara
(Posted on 28/05/24)In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.The two companies will work with manufacturers Caterpillar and Komatsu to conduct independent trials of their battery-electric...
KEZAD signs lease agreement with Ducab Metals Business
(Posted on 28/05/24)KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Ducab Metals Business, a leading supplier of metals solutions in the region, has signed a lease agreement for expanding its existing manufacturing facility in KEZAD.The 50-year lease agreement, signed in the presence of Mohamed Al Khadar Al Ahmed...
Anglo American simplifies portfolio of copper, premium iron ore and crop nutrients assets
(Posted on 22/05/24)Anglo American plc is setting out a clear, compelling and decisive plan to unlock significant value from its portfolio and accelerate the delivery of consistently stronger shareholder returns.Following completion of the asset review initiated during 2023, Anglo American plans to implement a number of major structural changes to...
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