Commodities
Trafigura signs German guaranteed US$800m loan agreement
(Posted on 26/10/22)Trafigura, a market leader in the global commodities industry, has entered into a USD800 million five-year loan underwritten and arranged by Societe Generale and syndicated to seven participating banks. The loan is guaranteed by the government of the Federal Republic of Germany acting through the German Export Credit Agency (ECA...
Blastr and Cargill Metals MOU for supply of green steel
(Posted on 26/10/22)Cargill’s metals business and Blastr Green Steel AS, a developer of decarbonized steel supply, have agreed to work together to supply steel made without use of fossil fuels in the Nordic region to meet growing global demand for green steel. Both companies share an ambition to drive significant reductions of carbon emissions...
BHP releases Operational Review for quarter ended 30 September
(Posted on 20/10/22)Commenting on BHP’s newly released Operational Review, Chief Executive Officer, Mike Henry said, “We have started the new financial year strongly, achieving safe and reliable operating performance. The first quarter included significant planned major maintenance in Western Australia Iron Ore (WAIO), BHP Mitsubishi Alliance...
Partnership to decarbonise RTFT and boost critical minerals processing
(Posted on 14/10/22)Rio Tinto is partnering with the Government of Canada to invest up to C$737 million (US$537 million) over the next eight years to decarbonise its Rio Tinto Fer et Titane (RTFT) operations in Sorel-Tracy, Québec, and to position the business as a centre of excellence for critical minerals processing.The partnership will support...
Partnership for renewable solar power at RBM
(Posted on 06/10/22)Richard’s Bay Minerals (RBM) will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment (BEE) partners, for its operation in KwaZulu-Natal, South Africa.Under the agreement, Voltalia will begin construction of the Bolobedu Solar PV renewable...
Tomaschewski to lead Asia region at Possehl Erzkontor
(Posted on 01/10/22)Lübeck-based end-to-end service provider for raw materials Possehl Erzkontor, has appointed Nicol Tomaschewski to take on the management of the "Asia" region from January 2023. This is a central position, given the important role of Asia in raw materials trading and the history of Possehl Erzkontor. Furthermore, she will be...
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