Commodities
ADM and Marathon take next step in meeting renewable fuels demand
(Posted on 17/11/23)ADM and Marathon Petroleum Corp. have celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing. The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable...
US Grains Council bids farewell to Castillo
(Posted on 13/11/23)Former U.S. Grains Council (USGC) Director of Global Programmes Alejandra Castillo was named the successor president and CEO of the North American Export Grain Association (NAEGA) last week. She is now working with the NAEGA staff to transition fully to president and CEO in 2024.The U.S. Grains Council is an inclusive organization...
Rio Tinto and Codelco complete Nuevo Cobre exploration agreement
(Posted on 13/11/23)Rio Tinto has completed the acquisition of PanAmerican Silver’s stake in Agua de la Falda and entered a joint venture with Corporación Nacional del Cobre de Chile (Codelco) to explore and potentially develop the company’s assets in Chile’s prospective Atacama region.The acquisition, announced on 1 August...
New Cargill soybean processing plant connects farmers to growing demand
(Posted on 05/11/23)Cargill has completed an expansion and modernization project at its integrated soybean crush and refined oils facility in Sidney, Ohio. The upgraded facility, which came online in September, will help Cargill better serve farmers and meet the growing demand for soy products across food, feed and renewable fuel markets.The project...
BHP approves US$4.9bn investment in stage two of Jansen potash project
(Posted on 31/10/23)BHP has approved an investment of US$4.9 billion (C$6.4 billion) for stage two of the Jansen potash project (Jansen Stage 2) in Saskatchewan, Canada.This follows BHP’s approval of US$5.7 billion (C$7.5 billion) for stage one of the Jansen potash project (Jansen Stage 1) in August 2021 and a pre-Jansen Stage 1 investment of...
Partnership on sustainable supply of materials for the energy transition
(Posted on 31/10/23)Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition.Power generation from renewables in the U.S. is expected to increase from 21% in 2021 to 44% in 20501, requiring significant investments in power...
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