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Rio Tinto strengthens its global low-carbon aluminium footprint through joint acquisition with Chalco of Votorantim's interest in CBA
Businesswire· 2026-01-30 00:11
of it), are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which Rio Tinto, any member of the Rio Tinto group or the group following the Transaction shall operate in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. The words "intend†, "aim†, "project†, "anticip ...
CF Industries Ships Its First Low-Carbon Ammonia to Europe
ZACKS· 2025-10-07 15:16
Core Insights - CF Industries Holdings, Inc. has shipped 23,500 metric tons of certified low-carbon ammonia from its Donaldsonville, LA facility to Trafigura for supply to Envalior in Belgium for low-carbon caprolactam production [1][8] - The ammonia is certified under the Verified Ammonia Carbon Intensity (VACI) Program, which ensures a significantly lower carbon footprint compared to conventional ammonia production [2] - This shipment marks CF Industries' first low-carbon premium offering to Europe, establishing a low-carbon ammonia supply chain ahead of the EU's carbon border adjustment mechanism [3] Environmental Initiatives - CF Industries' Donaldsonville Complex features a carbon capture and storage project capable of sequestering up to 2 million metric tons of CO2 annually, supporting the production of VACI-certified low-carbon ammonia [4] - The facility is expected to produce 1.9 million tons of low-carbon ammonia per year, which can also be upgraded into low-carbon nitrogen fertilizer products [4] Market Performance - CF Industries' shares have increased by 8.5% over the past year, while the industry has seen a rise of 27.2% [6] - The company currently holds a Zacks Rank of 3 (Hold), with better-ranked stocks in the Basic Materials sector including Contango Ore, Inc. (CTGO), Methanex Corporation (MEOH), and The Mosaic Company (MOS) [7]