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Industry News

Trump tariffs threaten big shift to corn as inputs get pricier

(MSN) - President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all.

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Trump EPA begins rolling back Biden electric vehicle 'mandate' in 'biggest day of deregulation in American history'

(MSN) - President Trump’s Environmental Protection Agency began the process Wednesday of rescinding vehicle fuel efficiency standards that Republicans have called a de facto “electric vehicle mandate,” The Post has learned.

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Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

(MSN) - The deeply integrated North American oil and gas market stands at crossroads, with Canada's largest oil producer warning that it will diversify its exports away from the United States if President Donald Trump's tariff threats do not end.

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A breakdown of major EPA deregulatory moves around water, air, climate

(MSN) - Environmental Protection Agency Administrator Lee Zeldin on Wednesday announced nearly three dozen deregulatory moves that he said would spur the U.S. economy by rolling back rules that have unfairly burdened industry. Many of the moves would affect landmark regulations aimed at protecting clean air and water.

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House Republican support grows for keeping clean energy tax breaks

(Politico) - A growing number of House Republicans are urging the party to preserve the clean energy tax credits in Democrats’ climate law — and warning they may oppose the party’s budget bill if those incentives get axed.

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Coromandel International doubles the sulphur manufacturing capacity in Visakhapatnam to 50,000 MT

(Hans India) - Coromandel International Limited, one of India’s leading agri-solutions providers, has inaugurated its second Sulphur manufacturing plant at its Visakhapatnam facility in Andhra Pradesh.

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Why are miners diversifying into metals and minerals recycling?

(MSN) - South African-based mining company Sibanye-Stillwater is one of the world’s largest primary producers of platinum, palladium and rhodium, as well as a top-tier gold producer. Perhaps surprisingly, it is also a large recycler, processing 310,000oz of platinum group metals in 2023 – representing 13.3% of the company’s revenue.

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SEC announces it will not defend climate disclosure rule

(The Hill) - The Securities and Exchange Commission (SEC) announced Tuesday that it will not defend a year-old rule requiring publicly held companies to disclose climate-related risks and in some cases the details of their emissions

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Cal/OSHA raises workplace safety, health penalties

(EHS Daily Advisor) - The California Division of Occupational Safety and Health (Cal/OSHA) raised its maximum penalties for regulatory, general, willful, or repeat safety and health violations, the agency announced January 27. Cal/OSHA is a division of the state’s Department of Industrial Relations (DIR).

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Second life for bills more broadly defining hazmat trains

(Freight Waves) - Two rail-related hazardous materials safety bills have been reintroduced in Congress stemming from the East Palestine, Ohio, derailment of 2023.

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Should you spend money on sulfur this year?

(Farm Progress) - Ag economists advise only buying inputs that provide an immediate return on investment this year. How do you know? Consider sulfur, for example.

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Teamwork makes the dream work for soybeans

(The Scoop) - Fred Below became a household name among U.S. farmers in the mid-2000s with his presentation, The Seven Wonders of the Corn Yield World.

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Saskatchewan's Potash may be Canada's Trump Card

(Reuters) - Germany wants the European Union to make its gas storage targets less rigid because of worries over their cost, the economic affairs and climate ministry said on Thursday.

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Port union voices unanimous support for strike, escalating U.S. supply chain fears

(CNBC) - After two days of meetings of North America's largest longshoremen's union amid an impasse with port ownership on a new contract, concerns of a strike are growing amongst those in the business and logistics community.

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Codelco bids $500 million for stake in key Chile copper mine

(Mining) - Chile’s Codelco, seeking to retain the title of world’s top copper supplier, made a $500 million offer to buy a stake in a mine run by Teck Resources Ltd., people with knowledge of the matter said.

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How low will we go? USDA expected to cut their 2024 net farm income forecast

(The Daily Scoop) - USDA's Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Even with improvements in livestock margins, the August Ag Economists’ Monthly Monitor showed the majority of ag economists expect the further deterioration in crop prices to weigh on the overall net farm income picture and force the agency to revise their forecast lower.

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Batteries are a fast-growing secondary electricity source for the grid

(EIA) - Utility-scale battery energy storage systems have been growing quickly as a source of electric power capacity in the United States in recent years. In the first seven months of 2024, operators added 5 gigawatts (GW) of capacity to the U.S. electric power grid, according to data in our July 2024 electric generator inventory. In 2010, only 4 megawatts (MW) of utility-scale battery energy storage was added in the United States. In July 2024, more than 20.7 GW of battery energy storage capacity was available in the United States.

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U.S. refiner warns of looming capacity shortage

(Oil Price) - A refining capacity shortage is looming globally and could materialize as soon as next year, the chief executive of Phillips 66 told Bloomberg in an interview.

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Supply chains are under plenty of stress, but they're not breaking. Here's why

(CNN) - Global supply chains, now a couple years recovered from pandemic-era snarls, have been chugging along at a much healthier clip.

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Panama Canal eases limits that caused global shipping bottleneck

(MSN) - The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

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Member News

Two Mosaic Products Earn Enhanced Efficiency Fertilizer Designation

(Agriculture.com) - The Mosaic Company announces that two of its products, MicroEssentials and Sus-Terra fertilizer, are now labeled as Enhanced Efficiency Fertilizers (EEF) as defined by the Association of American Plant Food Control Officials (AAPFCO).

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Hempel Acquiring Wattyl Australia, New Zealand

(Coatings World) Hempel A/S said it signed a purchase agreement to acquire Wattyl – one of Australia and New Zealand's leading manufacturers of paint for the decorative and protective segments with a turnover of €150 million and 750 employees – from The Sherwin-Williams Company.

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Shell to License Tech for New Refinery

(Rig Zone) PT Pertamina Rosneft Pengolahan dan Petrokimia (PT PRPP) has signed a licensing and basic engineering agreement to apply Shell Catalysts and Technologies processes at a new refinery in Tuban, Java Timur, Indonesia, Shell (NYSE: RDS.A) reported Wednesday

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CSX, Union Pacific caution about bad winter weather

(Freight Waves) Bitter cold and strong winter storms could impact rail operations over the next several days, according to service advisories from several U.S. Class I railroads.

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U.S. Department of Commerce Issues Final Affirmative Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia

Yahoo Finance - February 9, 2021
The U.S. Department of Commerce announced its final determination that phosphate fertilizer imports from Morocco and Russia are unfairly subsidized. Commerce calculated a subsidy rate of 19.97 percent for Moroccan producer OCP. In the Russia investigation, Commerce calculated rates of 9.19 percent and 47.05 percent for PhosAgro and EuroChem, respectively, and a rate of 17.2 percent for all other producers/exporters

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Oil May Not Be Chevron's Largest Business in 20 Years

CNN Business - February 8, 2021
While oil and gas will certainly be needed for decades to come, the oil and gas division may not be Chevron's top business in 20 years, although it will still be a very big part of the U.S. supermajor's operations, chief executive Michael Wirth told CNN Business in an interview published on Monday.

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TSI Member Companies Earn Railroad Safety Grand Slam Award

The NAR Grand Slam Award is presented annually to companies that are exemplary shippers of hazardous materials. An award winner must have been recognized by at least four Class I railroads and have had zero non-accident releases involving their shipments the previous calendar year. HJ Baker Sulphur LLC and ExxonMobil Corp received the award for calendar year 2019.

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Ioneer Announces Definitive Feasibility Study for the Rhyolite Ridge Lithium-Boron Project

April 30, 2020 – [From Ioneer's Newsletter] Yesterday we announced the outcomes of our Definitive Feasibility Study (’DFS’) for the Rhyolite Ridge Lithium-Boron Project in Nevada (‘Project’). This is an exciting and critical milestone for ioneer. The DFS places Rhyolite Ridge as the single most attractive Project for the economic production of lithium carbonate, lithium hydroxide and boric acid globally. Rhyolite Ridge is truly a world class asset with strong Project economics...

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Canadian National Railway and NorFalco Sales have signed a new multiyear agreement

Jan 9, 2020 – CN and NorFalco Sales have signed a new multiyear agreement that will provide freight transportation of sulphuric acid from NorFalco's rail-served production facilities in Sudbury, Ontario, and Rouyn-Noranda and Valleyfield, Quebec.

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Lithium Americas Releases 2019 Year in Review

Jan 3, 2020 – Lithium Americas recently released their 2019 Year in Review collection of the best photos and key milestones from Lithium Americas. Please find it here: 2019 Year in Review. For more information on the geology of the Thacker Pass Project, please check-out this interview with Lithium Americas’ Lead Geologist, Dr. Tom Benson, who recently presented new research on the origin of lithium deposits at the 100th Annual American Geophysical Union Fall Meeting in San Francisco.

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