Germany towards an alliance in commodities

Germany towards an alliance in commodities. In January 2012, the year of foundation phase of the "Alliance for securing raw material" should begin. At issue is the supply of raw materials through involvement in projects abroad. A purchasing cooperative is not planned, says the Federation of German Industries (BDI). Managing Director of the Initiative is Dierk Paskert, who was previously on the board of Eon Energy. Several companies had previously announced to support the Alliance, including ThyssenKrupp, Evonik and BASF. Salzgitter AG will at first not be involved, but follow the developments with interest, according to a spokesman of the steel group.