Commodities
En+ first Russian company with UN recognised Energy Compact
(Posted on 07/12/21)En+ Group, the world’s largest producer of low carbon aluminium, has received confirmation from UN Energy that its commitments to expanding clean energy generation and access have been officially recognised as an Energy Compact. The compact covers energy efficiency measures under its “New Energy” Modernisation...
Copper Mark for BHP’s Olympic Dam, Spence and Escondida
(Posted on 30/11/21)BHP’s Chilean operations Escondida and Spence, and Olympic Dam in Australia, have been awarded the Copper Mark recognising responsible production practices after an independent assurance process.The Copper Mark is an assurance framework specific to the copper industry, developed to ensure that value chain participants demonstrate...
Evolution to acquire Ernest Henry Mining from Glencore
(Posted on 25/11/21)Glencore and Evolution Mining Limited (Evolution) have entered into a binding agreement for the sale and purchase of Glencore’s 100% interest in Ernest Henry Mining Pty Ltd, the owner of the Ernest Henry Mining (EHM) copper-gold mine in Queensland, Australia.Glencore will receive A$1 billion, comprising A$800 million on the...
Increased investment for low-carbon AP60 aluminium production
(Posted on 18/11/21)Rio Tinto is investing US$87 million to increase its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec.The investment will increase production at the smelter by around 45 per cent, or 26,500 metric tonnes of primary aluminium per year, to a capacity...
Production of products from aluminium-scandium alloy launched
(Posted on 18/11/21)RUSAL, a leading global aluminium producer, together with KUMZ, has successfully launched the production of various rolled and pressed semi-finished products from an aluminium-magnesium-scandium alloy of grade 1581.As part of this collaboration, KUMZ organised the commercial production of plates and sheets from ingots, produced...
Top-line regional growth and end-markets drives Schenck Process profit
(Posted on 11/11/21)Driven by sustained market recovery and further progress in the implementation of its strategic agenda, the Schenck Process Group is building on the strong performance of previous quarters. Despite continued challenges from the Covid-19 pandemic and global supply chain disruptions, the Group achieved a new record order intake of...
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