Commodities
Rusal invests to upgrade SAZ
(Posted on 08/06/20)RUSAL, a leading global aluminium producer, will invest approximately $190 million in modernising the production of electrodes at its Sayanogorsk Aluminum Smelter (SAZ) between 2020 and 2023. In addition to the positive economic effect this investment will bring, the modernization program will also help reduce the smelter’...
WCA statement on IEA report
(Posted on 02/06/20)The World Coal Association Chief Executive Michelle Manook, has released a statement on the IEA World Energy Investment Report 2020.“The World Coal Association calls on all energy stakeholders to work together to mobilise investment and cooperation to support the clean energy transition.We need a pragmatic, solution-focused...
Worldsteel announces Champions
(Posted on 02/06/20)The World Steel Association (worldsteel) has recognised 9 companies as Steel Sustainability Champions for their work in 2019.Now in its third year, the Steel Sustainability Champions Programme commends those steel companies that are most clearly demonstrating their commitment to sustainable development.The 2019 Steel Sustainability...
Rusal commences anode production
(Posted on 27/05/20)RUSAL, a leading global aluminium producer, announces that it has started producing anodes for cathodic protection for the oil and gas, shipbuilding and other heavy industries to protect critical structures and metal objects from corrosion.The move forms part of RUSAL’s strategy to produce more value-added products (VAP) from...
USW Statement on Chinese wheat purchase
(Posted on 27/05/20)U.S. Wheat Associates (USW) President Vince Peterson issued the following statement about news of Chinese wheat import purchases.“The USDA report today that Chinese buyers have purchased 340,000 metric tons, or about 12.5 million bushels, of U.S. hard red winter (HRW) wheat for delivery in the 2020/21 marketing year is very...
Cargill focuses on support for agriculture
(Posted on 22/05/20)Cargill is working with nonprofit and NGO partners around the globe to help address food security, health and safety needs and agriculture and industry challenges to ease the impact of COVID-19. The company has committed $35 million to date for COVID-19 relief and recovery efforts through partnerships, aid funds, product donations...