Commodities
AJ Steel agreement with KEZAD to expand in Abu Dhabi
(Posted on 19/11/22)Leading UAE steel pipe manufacturer and exporter, AJ Steel, has signed an agreement with the integrated trade, logistics, and industrial hub of Abu Dhabi, Khalifa Economic Zones Abu Dhabi - KEZAD Group, for the development and operation of a large-scale steel pipe production facility in Abu Dhabi, to meet growing consumer demand...
EU fertilizer industry calls for more comprehensive long-term strategy
(Posted on 13/11/22)Fertilizers Europe has welcomed the recognition of the European Commission that urgent and targeted action is required to improve current conditions for the European fertilizer industry and European farmers.When it comes to the long-term future of the European industry and EU food security, a more comprehensive strategy is needed...
NGFA urge US Congress to prevent rail shutdown
(Posted on 09/11/22)The National Grain and Feed Association (NGFA) in the USA and 192 other members of the Agricultural Transportation Working Group have urged Congress to prepare to prevent a rail strike or lockout, which would “lead to shutdowns of rail-dependent facilities resulting in devastating consequences to our national and global food...
BHP and Rio Tinto to collaborate on new tailings technology
(Posted on 02/11/22)Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of technology that could significantly increase water recovery from mine tailings, and in turn reduce potential safety risks and environmental footprints associated with tailings storage facilities.The first project will involve testing...
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...
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