Chinese company Xuan Yuan (XY Group), one of the largest Chinese corporate investors in Russia, plans to invest about 685 mio in the construction of a conveyor…
News
Russian Agri Commodities Not Subject To Sanctions, US Says, As Food Insecurity Fears Grow
The US government has emphasised that sanctions against Russia do not apply to trade in agricultural commodities or fertiliser, as concerns mount that the conflict in Ukraine is causing a “global crisis…
Ukraine Withdrawals Abrams Tanks From Front Line Due to Threat of Russian Drones
The Ukrainian Armed Forces are withdrawing American Abrams tanks from the front line due to the threat of attacks by Russian drones, AР News reports. American officials…
USDA Sees More Soybean, Less Corn Production
The overall outlook for US corn, soybeans and wheat in 2024 is for larger supplies only partially met by increased domestic use and firming global demand. That preliminary forecast from the Interagency…
Russian Priest Suspended After Navalny Memorial Service
The Russian Orthodox Church has suspended a priest who led a memorial service for the late opposition figure Alexei Navalny last month, according to a ruling on the Moscow diocese website. Priest Dmitry…
Residents of Aktau cannot receive medical test results due to hacker attacks on Damumed
On the official Damumed country they published an appeal to citizens: “Our specialists have taken all the necessary measures to successfully reflect them and are working on the current situation together with…
Metallurgical coal is the commodity world’s quiet performer
When looking at the commodities used to make steel, iron ore gathers the bulk of headlines given its strong link to the perceived health of China’s economy….
China’s thermal coal imports rise amid domestic price, output woes
China’s imports of thermal coal are expected to have ticked higher in August as seaborne prices for the power-generation fuel remain competitive amid constrained domestic supplies. A…
Fontus Invest GmbH Is Interested in Acquisition of EBG compleo GmbH
EBG compleo GmbH is a leading provider of charging stations for electric vehicles. Since developing and selling the first charging station under the EBG compleo name ten…
Fitch raised its forecasts for iron ore and coking coal prices
The international rating agency Fitch Ratings has revised its forecast for iron ore prices in 2023 upwards to $110/t compared to $105/t in the previous forecast. It is stated in the message…