Direct Travel Expands Avenir Platform for Specialty Markets
Direct Travel announced the expansion of Avenir, its global travel platform across its specialty market divisions, including Energy, Marine and Mining. Delivered through ATPl's specialist businesses, Avenir provides a single global platform and unified service model for executive and project-based business travel complementing the company's sector specific logistics and workforce mobility solutions.With this expansion, organizations operating in complex and logistically demanding environments will benefit from a more consistent and scalable approach to business travel…
Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues
Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday.EGA, equally owned by Abu Dhabi sovereign wealth fund Mubadala, and Dubai sovereign wealth fund the Investment Corporation of Dubai, operates one of the largest bauxite mines in Guinea through its Guinea Alumina Corporation (GAC) subsidiary.The standoff with Guinea's government highlights the aggressive push by the military authorities to increase benefit
Global Seaborne Iron Ore Trade will be Rocked by Guinea's Simandou Mine
The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly quickly.The four blocks of Simandou are impressive in their scale and infrastructure challenges…
