Commodities
Rio Tinto and First Quantum Peruvian copper project partnership
(Posted on 31/03/23)Rio Tinto and First Quantum Minerals have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world.La Granja is a complex orebody located at high altitude in Cajamara, Northern Peru, that has the...
Call for EU co-legislators to secure clean ammonia production
(Posted on 28/03/23)Fertilizers Europe has called on EU co-legislators to ensure that clean fertilizer and ammonia production continue to be produced in Europe.Fertilizers Europe represents the interests of the majority of mineral fertilizer manufacturers in the European Union. In a statement they said, “ To keep this key element of food security...
BHP and Hatch design study for electric smelting furnace pilot
(Posted on 24/03/23)BHP and global engineering, project management and professional services firm, Hatch, have signed an agreement to design an electric smelting furnace pilot (ESF) plant in support of a decision to construct this facility in Australia. The facility will aim to demonstrate a pathway to lower carbon dioxide (CO2) intensity in steel...
Rio Tinto spends over A$15.3 bn with Australian suppliers
(Posted on 20/03/23)Rio Tinto increased its spend with Australian suppliers to more than A$15.3 billion in 2022, as part of the company’s ongoing commitment to support communities where it operates.This was an increase of almost 9 per cent on the previous year and was spent with more than 6,200 businesses, including Australian owned and operated...
Trafigura closes the refinancing and extension of credit facilities
(Posted on 20/03/23)Trafigura Group Pte Ltd., a market leader in the global commodities industry, has announced the closing of its new 365-day European multi-currency syndicated revolving credit facilities totalling USD1.9 billion, as well as the extension and increase of its USD3.5 billion 3-year facility (“3-year ERCF”). The new 365-day...
Nexyst 360 selects Nexxiot to digitalize 5000 grain containers
(Posted on 07/03/23)Nexyst 360, an innovative grain transportation solution provider, has partnered with Nexxiot to digitalize its entire fleet of grain shipping containers with zero-maintenance IoT connectivity hardware. This enables real time transport intelligence across the entire journey, with user services made available through Nexyst 360&rsquo...
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