Commodities
New chairman for VDKi
(Posted on 19/01/21)The German Coal Importers Association (VDKi has a new chairman. Alexander Bethe, Appointee of the Japanese energy trading house JERA Global Markets, has taken over the office from the long-time chairman Dr. Cieslik, who has taken his well-deserved retirement. He was elected honorary chairman at the extraordinary members' assembly...
NZAS reaches extension deal with Meridian
(Posted on 14/01/21)Rio Tinto has reached an agreement on a new electricity agreement with Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until December 31, 2024. The extension provides certainty to employees, the local community and customers while providing more time...
AISI updates six cold-formed steel design standards
(Posted on 10/01/21)The American Iron and Steel Institute (AISI) has updated six cold-formed steel design standards.AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application...
NGFA announces Seyfert as new President and CEO
(Posted on 05/01/21)The National Grain and Feed Association (NGFA) in the USA has announced that Michael J. Seyfert will become its new president and chief executive officer.Seyfert is scheduled to become NGFA’s top executive staff officer on March 1, succeeding Randy Gordon, who will retire by the end of March after serving nearly 43 years with...
Joint statement from PKKP and Rio Tinto
(Posted on 28/12/20)Rio Tinto and the Puutu Kunti Kurrama and Pinikura people (PKKP) confirm they have taken initial steps in rebuilding their relationship following the events at Juukan Gorge in May 2020.In a joint statement they said, “PKKP in co-operation with Rio Tinto have been involved in remedial works at Juukan Gorge. These works will...
2021 Coal demand rebound set to be short-lived
(Posted on 22/12/20)A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by the Covid-19 crisis, according to a new report from the International Energy Agency.However, there is little sign that the world’s coal consumption is set to decline substantially in...