Adani Enterprises Ltd. has won a contract to supply overseas coal to India’s top electricity generator as the nation aims to avoid a repeat of last year’s energy crisis. Adani, India’s largest trader of imported thermal coal, will deliver 1 million tonnes of coal to state-run NTPC Ltd. In October 2021, NTPC had issued its […]
A World Trade Organization (WTO) panel ruled in favour of Brazil, Australia and Guatemala in their trade disputes with India over sugar subsidies, reports Reuters. The WTO has asked New Delhi to conform with global rules. In the cases brought before the WTO in 2019, the rival producers alleged that India had broken WTO rules […]
A second consecutive record wheat crop, strong global demand, and reduced competition are set to propel Australia’s wheat exports to record volumes, the USDA said in its latest report of world agriculture, making it the third-largest exporter, eclipsing the United States and Canada, which both have smaller crops, tighter stocks, and high prices. After three […]
Australia’s farmers are on track to smash production value and volume records in 2021-22 on the back of exceptional seasonal conditions and a surge in world commodity prices. Despite recent flood and rain damage in the eastern states, the ABARES Agricultural Commodities: December Quarter is forecasting a history-making agricultural gross production value of $78 billion – […]
Australia’s resources and energy exports continue to surge, latest trade data confirmed, despite the challenges of the past 12 months, Minister for Resources and Water Keith Pitt recently said, pointing to the latest data from the Australian Bureau of Statistics’ International Trade in Goods and Services data for October 2021. “These latest figures confirm again […]
Now that aggressive foreign policy toward China has attracted bipartisan consensus, evidenced by the fact that President Biden has opted to keep certain tariffs imposed by the Trump Administration in place, Beijing is looking for new ways to squeeze Washington. China could very well upset the apple cart by cutting off supplies of 17 rare […]
India is looking at reciprocal and equitable access to foreign markets through free trade agreements, which the country is negotiating with its trading partners, Commerce and Industry Minister Piyush Goyal said. India is, at present, negotiating free trade agreements (FTAs) with countries like UAE, the UK, and Australia. Under a free trade agreement, two trading […]
An Australian company, EV Metals Group Plc plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles. EV Metals Group Plc’s spending will be on building plants to process minerals including lithium and nickel, and later expand into exploring for the battery metals, Managing Director […]
Indian cement makers and sponge iron plants are buying high quality thermal coal to bridge domestic shortfalls. Coal is being bought at a $12 to $15 a tonne discount to fresh shipments from Australia. Currently, the price is among the cheapest thermal coal of its quality available in the market. The discord between China, the […]
Multinational Sun Cable is one step closer to developing its massive Australia-Asia PowerLink (AAPowerLink) project – which will deliver up to 3.2 GW of dispatchable clean energy from Australia to Singapore. The New South Wales-based company recently announced that the Indonesian government has recommended the route of the transmission cables through Indonesian waters, with the Ministry of Transportation granting […]
