Commodities
Long-term outlook strong despite decline in US Aluminium demand
(Posted on 12/01/24)The Aluminum Association in the USA has released preliminary estimates showing demand for the aluminium industry in the USA and Canada declined 4.4% through the first three quarters of 2023.The Aluminum Association represents aluminium production and jobs in the United States, ranging from primary production to value added products...
NGFA welcomes Eagle Pass and El Paso rail corridors reopening
(Posted on 05/01/24)The National Grain and Feed Association (NGFA) and the North America Export Grain Association (NAEGA) have issued the following statement in response to the U.S. Customs and Border Patrol’s (CBP) reopening of international rail crossings at Eagle Pass and El Paso, Texas.“The NGFA and NAEGA are pleased to see the reopening...
Rio Tinto Board changes
(Posted on 22/12/23)Rio Tinto has appointed Martina Merz and Sharon Thorne as non-executive directors. Martina Merz will join the Board on 1 February 2024 and will therefore stand for election at the annual general meetings of the company in 2024. Sharon Thorne will join the Board on 1 July 2024 and will therefore stand for election at the annual general...
KEZAD welcomes Kings Aluminium’s AED750m facility in Abu Dhabi
(Posted on 19/12/23)Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones and Kings Aluminium Industries has announced the commencement of construction for a state-of-the-art aluminium manufacturing and recycling facility in KEZAD.With a total investment of AED 750 million by Kings...
Trafigura results show strong performance in shifting markets
(Posted on 13/12/23)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released results for its financial year ending 30 September 2023, showing a strong performance across the three core divisions of the Group – Metals, Minerals and Bulk Commodities; Oil and Petroleum Products; and Gas, Power and Renewables.Net...
Rio Tinto progresses Rhodes Ridge to next study phase
(Posted on 07/12/23)Rio Tinto has approved a $77 million (A$110 million) pre-feasibility study (PFS) to progress development of the Rhodes Ridge project, one of the world’s best undeveloped iron ore deposits, in the East Pilbara in Western Australia.The commencement of a PFS follows completion of an Order of Magnitude study that considered development...
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