Commodities
Rusal plans for transformation
(Posted on 21/05/21)Rusal, a leading aluminium producer, has announced that it is pursuing a demerger of its higher carbon assets to unlock value through the creation of two businesses with separate strategies. The Board of Directors has given approval to a proposal from management, which is in line with the Company’s ambitious environmental...
First rotor sails equipped ore carrier to serve Vale
(Posted on 17/05/21)The fleet of ships serving Vale is to include the first large ore carrier in the world equipped with rotor sails. The VLOC (Very Large Ore Carrier) is a Guaibamax, with 325,000 tons of capacity. There are five sails installed along the vessel that will allow a gain in efficiency of up to 8% and a consequent reduction of up to 3,...
Sustainable U.S. Soy takes root in Japan
(Posted on 11/05/21)In markets around the world, including Japan, sustainability is top of mind for consumers and end users. 73% of Japan’s imported soybeans come from the United States and as consumer demand for sustainability has grown in that country, it has become increasingly important for Japanese companies to envision and map out...
EU Commission’s distortive subsidies efforts acknowledged
(Posted on 06/05/21)The European fertilizer industry has acknowledged the Commission’s proposal to add a new instrument in their toolbox to tackle distortions caused by foreign subsidies. At a time when the EU fertilizer industry is engaged in the Green Deal decarbonisation transformation, it is important that fair competition conditions prevail...
ASI certifies Rio Tinto’s Iceland smelter
(Posted on 04/05/21)Rio Tinto's ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production.The certification continues Rio Tinto’s leadership of the industry on responsible aluminium production from mine to metal, and...
GPA welcomes stronger biosecurity measures
(Posted on 04/05/21)Australia’s peak national grain grower advocacy group has welcomed the Australian Government’s announcement today of stronger measures to protect their industry from devastation, with a $371 million biosecurity package in the upcoming Budget.Grain Producers Australia Deputy Chair and Western Australian grain farmer,...
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