Commodities
Glencore’s Stephen Rowland elected Chair of ICA’s Board
(Posted on 08/10/24)The Board of Directors of the International Copper Association (ICA) has elected Stephen Rowland, Glencore as its Chair of the Board.Rowland replaces Shehzad Bharmal, Executive Vice President and Chief Operating Officer, Teck Resources, who served as ICA Chairman for the last two years.Glencore is a long-standing, active member...
NGFA highlights ‘trifecta of transportation trouble’ for US agriculture
(Posted on 01/10/24)Potential disruptions to the nation’s shipping infrastructure could have a devastating effect on American agriculture during this year’s harvest season unless the U.S. government steps in to intervene. That is according to a letter sent to President Biden by the National Grain and Feed Association (NGFA) and nearly 200...
ADM adds non-GM capabilities in Hungary
(Posted on 01/10/24)ADM has announced that it has reached an agreement to acquire Vandamme Hungaria Kft and its related entities, which operate a 700 metric ton/day non-GM crush and extraction facility in northern Hungary."The enduring global trends of food security and sustainability are driving demand for non-GM products, with 60% of consumers in...
Richard Holtum to become Trafigura CEO from 1 January 2025
(Posted on 25/09/24)Trafigura Group Pte Ltd has announced that Richard Holtum will become Chief Executive Officer (CEO) of Trafigura, effective 1 January 2025 and will join the Trafigura Board of Directors from 1 October 2024.Jeremy Weir, Executive Chairman and CEO, will step down from his executive responsibilities on 1 January 2025 and will become...
Financial community visit Rio Tinto North American operations
(Posted on 25/09/24)Rio Tinto is hosting a site visit for the financial community this week to its Aluminium and Iron & Titanium operations in Quebec, Canada.The visit will showcase the world-class, hydro-powered aluminium smelters in the Saguenay, including the Shipshaw Power Station and construction progress at the low-carbon AP60 smelter, and...
NGFA testifies on opportunities for growth in freight rail
(Posted on 19/09/24)The President and CEO of the National Grain and Feed Association (NGFA), Mike Seyfert, has testified before the Surface Transportation Board (STB) in the USA, highlighting growth opportunities in the freight rail industry through effective policy measures and the expansion of domestic production.The NGFA, established in 1896, consists...