NEWS
IRON and STEEL
 

Service joint venture of Primetals Technologies and HBIS Tangshan Iron and Steel Group starts operation

16 November 2017 Time: 23:42
On September 1, 2017, “Primetals Tangshan Technology Services Ltd.”, (PTTS), a joint venture between Primetals Technologies and HBIS Tangshan Iron and Steel Group (Tangsteel), started its operation.
 

Star Wire (India) orders continuous billet/bloom caster from Primetals Technologies

16 November 2017 Time: 23:37
Indian steel producer Star Wire Ltd. has placed an order with Primetals Technologies to supply a continuous billet/bloom caster for its steel plant in Ballabgarh, Haryana State.
 

Nam Kim Steel has successfully started operation of its third cold rolling mill supplied by SMS Group

16 November 2017 Time: 23:33
Ahead of schedule, on October 24th, 2017, Nam Kim Steel Joint Stock Company rolled the first coil on the new reversing cold mill (RCM) installed by SMS group at Nam Kim Steel’s facility in the Vietnamese province of Binh Duong, near Ho Chi Minh City.
 

Iron Ore Concentrate Plant Starts Pilot Production

13 November 2017 Time: 00:13
National Industries and Mining Development Company’s 2.5-million-ton per year iron ore concentrate plant started its pilot production on Saturday.
 

Julio and Julio in Brazil to reduce its quarry operating costs with Metso's Haul Truck Solution

11 November 2017 Time: 23:05
Julio and Julio Group has chosen Metso's Haul Truck Solution to reduce the operating costs and improve the performance of its truck fleet in the São Domingos quarry in Sorocaba, Brazil. This investment is estimated to reduce operating costs by 30% over the long term.
 

Alfapipe Ghardaia HSAW welded pipe plant in full operation

11 November 2017 Time: 22:55
This is the first of two lines ordered by the Algerian producer to Danieli.Alfapipe 80” line for spiral welded pipes installed in Ghardaia plant passed all performance tests in terms of productivity and quality and is now in full operation.
NON-FERROUS
 

Iran to Become Net Exporter of Aluminum From 2019

11 November 2017 Time: 21:47
Iran will become a net exporter of aluminum from 2019 and plans to increase its domestic production of the metal over the coming years, an official of the Iranian Mines & Mining Industries Development & Renovation Organization told delegates at the Arabal conference in Oman.
 

Danieli to supply Logan Aluminum with the world’s most advanced and productive cold mill

30 October 2017 Time: 11:16
The new investment by Tri-Arrows Aluminum Inc. will feature Danieli DiamondFlex technology for can-stock and automotive flat products
 

Alba wins Leading Corporate for Investor Relations, Bahrain 2017

26 October 2017 Time: 12:49
Bahrain-based international aluminium smelter, Aluminium Bahrain B.S.C (Alba) is pleased to announce that it was the recipient of the ‘Leading Corporate for Investor Relations – Bahrain’ at the Middle East Investor Relations Association's 2017 IR Awards (MEIRA) 2017 that was held in September 2017 in Dubai.
 

Alba concludes ‘Next Generation Leadership Programme’ for 2017

24 October 2017 Time: 14:51
Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, continued to emphasise on developing its people, when it held the second module of Alba’s ‘Next Generation Leadership Programme’ on 18 and 19 October 2017 at Alba Club.
 

Identifying trends and applying best new technologies

17 October 2017 Time: 12:11
Rising demand for lightweight metals in automotive and aerospace manufacturing gives considerable strength to the progress of technologies for producing such products
 

EGA signs agreement with The University of Queensland to research use of industrial by-product to make soil

12 October 2017 Time: 12:11
EGA aims to find new productive uses for bauxite residue, a challenge for the global aluminium industry
 

Danieli copper finishing lines in operation at KMD Henan

16 November 2017 Time: 23:28
KMD Precision Copper Strip (Henan) contracted Danieli for the turnkey supply of four finishing lines to process copper strip.
 

Iran’s Mining Sector Potential Remains Locked

16 November 2017 Time: 22:24
The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.
 

Jiandong Alloy orders most productive CONTIROD®* copper wire rod plant for Chinese market from SMS Group

11 November 2017 Time: 22:42
Jiandong Alloy Technology Co. Ltd. based in Nantong City, in the Chinese province of Jiangsu, has placed an order with SMS group to supply a CONTIROD®*plant of type CR 3500.
 

Copper miners to see profit grow further in 2018 — report

5 November 2017 Time: 20:44
After struggling with falling copper prices since 2011, producers of the red metal are finally recording profits thanks to this year's upswing. And, according to analysts at S&P Global Market Intelligence, the miners’ profit margins are set to grow further in 2018.
 

Philippines open pit mining ban could be lifted before year end

26 October 2017 Time: 12:30
Roy Cimatu, Philippines environment and natural resources minister, said on Tuesday he is hopeful that a ban on open-pit mining put in place by his predecessor would be lifted before the end of the year.
 

China's refined copper output highest since Dec 2014

24 October 2017 Time: 15:19
China's refined copper output in September rose by 6.8 percent from a year ago to its highest level since December 2014, the National Bureau of Statistics (NBS) said on Monday.
 

Iran’s Export Value in Mining Sector Rise

3 October 2017 Time: 20:22
Export value of Iran’s mine and mining industry in first five months of the current Iranian year (21March to 22 August) surpassed export value of h1 of last Iranian year.
 

Central Asia Metals to buy Lynx Resources for $402m

25 September 2017 Time: 11:19
Kazakhstan-focused copper miner Central Asia Metals said it would buy Bermuda-based Lynx Resources Ltd in a $402.5 million reverse-takeover deal from its owners.
 

Canada’s Trevali among world’s top zinc producers with Glencore mines buy

1 September 2017 Time: 12:38
Canadian miner Trevali (TSX:TV) reached a milestone Thursday, as it finished the acquisition of majority stakes in Glencore’s (LON:GLEN) Rosh Pinah mine in Namibia and the Perkoa mine in Burkina Faso.
 

Government placed great trust in private sector for Mehdiabad Zinc and Lead Project

20 August 2017 Time: 22:49
Iran, currently, has 3% of lead and zinc reserves in the world ranking the country as the fourth largest producer of these mineral concentrates in Asia after China, Kazakhstan, and India. Likewise, the country is the second major producer after Turkey in the MENA region.
 

Start of Mehdiababd Mine Operation and Processing Plants Construction

24 July 2017 Time: 22:39
Operation of Mehdiabad lead and zinc mine and construction of mineral processing plants is started, today with attendance of Industry, mine and Trade Minister, Chairman of the board of IMIDRO, Provincial Officials and private companies in Yazd Province.
 

Outotec to deliver technologies for zinc plant for Met-Mex Peñoles in Mexico

15 April 2017 Time: 00:32
Outotec has agreed with Peñoles Group to provide zinc production related technologies to the Met-Mex Peñoles' zinc production facility in Torreon, Mexico. The contract, valued at approximately EUR 24 million, has been booked in Outotec's first quarter order intake.
 

Karbasian Emphasizes on Utilization of Foreign Consultants in Mining Sector

16 November 2017 Time: 23:13
“our consultants should provide situation for achievement to international standards by application of scientific experiences and new technologies”, Karbasian announced, during a meeting in Angouran Complex, located in Takab County in East Azerbaijan province.
 

Outotec to deliver gold processing technology to Fruta Del Norte in Ecuador

24 October 2017 Time: 11:22
Outotec has been awarded an order for the delivery of minerals processing technology packages by Lundin Gold for their greenfield project Fruta Del Norte in Ecuador.
 

India tightens gold import norms for nominated agencies

19 October 2017 Time: 15:27
India tightened gold import norms for nominated agencies by New, the government said in a circular on Wednesday.
 

Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

8 October 2017 Time: 09:43
Shares in Freeport McMoRan Inc (NYSE:FCX) took a hit Friday following news that the President of Indonesia has pressed the world's second largest copper miner to wrap-up a deal in which the company gives a majority stake in its Grasberg mine to the country.
 

2nd IR-ODEX Will be Held on October 21-27

8 October 2017 Time: 09:39
The second IR-ODEX International workshop entitled “Ore Deposit Model Exploration: Base and Precious Metal Deposits” will be held here in Tehran on October21-27, 2017.
 

Asia gold-demand hit by high prices ahead of expected festival-led buying

10 September 2017 Time: 12:20
Demand for physical gold in Asia could pick up in the coming weeks as India's festival season drives interest in the metal, after high prices kept buyers at bay again this week.
 

Unit of Austria's Voestalpine seeks year-long cobalt deal in race for supply

30 October 2017 Time: 12:19
Austrian specialty steel firm Boehler wants to buy cobalt in a year-long contract rather than buying monthly, two industry sources said on Friday, as rising demand from electric car makers has complicated its normal purchase patterns.
 

China's refined copper output highest since Dec 2014

24 October 2017 Time: 15:19
China's refined copper output in September rose by 6.8 percent from a year ago to its highest level since December 2014, the National Bureau of Statistics (NBS) said on Monday.
 

Synchronizing service and support in the “New Normal”

19 October 2017 Time: 13:44
The audience of steel and nonferrous metals executives at the Fourth Danieli Innovaction Meeting learned many perspectives on the New Normal period for metals consumption, but perhaps the most encouraging insights were offered by Keith Shillam, vice president of Danieli Service, and Lisa Grosso, senior manager of Danieli Service
 

POSCO Signs PosMAC Supply Agreement with An English Tube Manufacturer

17 October 2017 Time: 12:26
On October 12 at the POSCO Center, POSCO signed a PosMAC supply agreement for pipes with Top Tubes, the English pipe manufacturer specializing in cold-rolling and plating.
 

NICICO Sales Surpass $777m in Six Months

6 October 2017 Time: 16:05
Iran’s largest copper producer realized 44% of its annual sales value target during the first half of the current fiscal year (March 21-Sept. 22), data released by National Iranian Copper Industries Company showed.
 

Outotec to deliver minerals processing technology and services to MMC Norilsk Nickel in Russia

3 October 2017 Time: 20:12
Outotec has been awarded a contract by MMC Norilsk Nickel for the delivery of minerals processing technology and related advisory services to Kola Mining and Metallurgical Company's concentrator plant in Zapolyarny, Pechenga District in Russia.
MINERALS
 

Iron Ore Concentrate Plant Starts Pilot Production

13 November 2017 Time: 00:13
National Industries and Mining Development Company’s 2.5-million-ton per year iron ore concentrate plant started its pilot production on Saturday.
 

China steel surges as more output cuts seen; iron ore, coal jump

22 October 2017 Time: 19:30
Chinese iron ore futures jumped more than 5 percent on Friday, getting a boost from a rally in steel prices on expectations of more production cuts in the world's biggest steel producer as China intensifies its smog war over winter.
 

Iron ore dangerously close to $60 a tonne

11 October 2017 Time: 11:25
Iron ore prices continued their downward trend Tuesday amid ongoing concerns that looming steel production cuts in China on environmental grounds will sap steel mill demand.
 

Iron ore price drops as Chinese steel begins to pile up

17 September 2017 Time: 10:57
The Northern China import price of 62% Fe content ore slumped on Friday as the country's steelmakers stoke production ahead of mandated cuts going into winter which could result in a sudden drop-off in iron ore demand.
 

India's JSW Steel aims to to increase own iron ore production

16 September 2017 Time: 19:24
JSW Steel Ltd, India's biggest local steelmaker, aims to be producing 80 percent of the iron ore needed for its flagship plant in south India in three years time as it seeks to cut costs, a senior executive said.
 

Mineral Exports Rise as Import Volume Declines

16 September 2017 Time: 12:49
Iran exported more than 26.44 million tons of mineral products worth over $3.62 billion during the first five months of the current Iranian year (started March 21), registering a 5.3% and 1.1% growth in tonnage and value respectively compared with last year's corresponding period.
 

Chinese coal imports from North Korea plummet

26 October 2017 Time: 12:39
According to Chinese customs data released on Tuesday, the country imported 512,000 tonnes of coal – mainly the steelmaking variety – from North Korea in September. Volumes were down 71.6% from the same month last year as Beijing institutes the latest round of UN sanctions on the rogue regime.
 

China steel surges as more output cuts seen; iron ore, coal jump

22 October 2017 Time: 19:30
Chinese iron ore futures jumped more than 5 percent on Friday, getting a boost from a rally in steel prices on expectations of more production cuts in the world's biggest steel producer as China intensifies its smog war over winter.
 

China's top coke producer to curb output in pollution war

12 October 2017 Time: 12:16
China's top coke producer Shanxi Coking will slash output for coke and some chemical products including tar and methanol during the coming winter months as part of Beijing's campaign against air pollution.
 

Canada’s Donkin coal mine begins processing ore on site

13 September 2017 Time: 17:49
Donkin mine, the first underground coal operation in Canada’s Cape Breton in 15 years, can process all permitted production on site as its handling, preparation and processing plant is now operational.
 

India needs to find allies to tap cheap funds for clean coal – trade body

8 September 2017 Time: 11:49
India needs to partner with other countries to tap cheaper funds for cleaner coal technologies as the South Asian nation is expected to use the fuel to produce over half of its power in the next two decades, the World Coal Association chief said on Thursday.
 

Macquarie says iron ore, coal prices to remain strong into 2018

4 September 2017 Time: 20:29
Prices for iron ore and coking coal, the two key ingredients for steelmaking, are set to remain buoyant for the remainder of the year, Macquarie Bank predicted in a recent report.
 

Cement Industry Remains Stuck

6 November 2017 Time: 22:16
The Iranian cement industry’s fall from grace has turned into a continuous freefall.
 

Cooperation of Refratechnik Ceramics with HK-CERAM in the area of R&D

26 September 2017 Time: 10:01
Refratechnik Ceramics GmbH, Germany (formerly BURTON), and HK-CERAM Kft., Hungary, are among the world’s leading companies for the design, development and manufacture of refractory products for the ceramics industry.
 

Cement Expo Opens in Isfahan

31 August 2017 Time: 12:26
The Fourth Isfahan Cement Expo opened on Thursday and is scheduled to run until Saturday.
 

Government Control Hamstrings Cement Industry

19 February 2017
There is no denying that a large portion of the Iranian economy, if not all of it, is steered by the government.
 

Iran Dismisses Pakistan’s Cement Dumping Allegation

2 February 2017
Pakistan Cement Manufacturers Association is urging the Pakistani government to slap up to 20% of import duties on Iranian cement, claiming that Iranian producers are “dumping” the industrial material in border markets.
 

IME Cement Exports to Begin in 3 Months

2 February 2017
Cement trading will resume at Iran Mercantile Exchange’s board of exports in the Iranian month of Ordibehesht (April 21-May 21, 2017), the head of Cement Employers Association, Abdolreza Sheikhan, has announced.
 

Overview of Iran’s Road Construction, Mining Machinery Market

8 October 2017 Time: 09:07
The production, utilization and import of road construction and mining machinery are a significant indicator of economic growth, as rising numbers would point to increasing development and investment in infrastructures.
 

Metso to accelerate its strategy implementation with a new operating model and organization

25 September 2017 Time: 10:47
Metso's Board of Directors has decided on the Group's new operating model and organization, effective from January 1, 2018.
 

Teko Mining in Serbia improves product quality and production capacity by implementing Metso's crushing and screening solutions

10 September 2017 Time: 16:17
Teko Mining, Serbia's largest aggregates producer has selected Metso to provide crushing and screening equipment for two of their quarries in Serbia.
 

Hitachi Launches After Sales Services in Iran

8 May 2017 Time: 04:38
Japan’s Hitachi Construction Machinery Company has launched an after sales service in Iran in collaboration with industrial vehicle holding firm ‘Arian Sarmaie’.
 

New Digital Tool Makes Equipment Inspections Faster and Provides Same-day Reports

24 April 2017 Time: 13:38
Customers can now get immediate feedback from their equipment inspections thanks to a new mobile app being rolled out for Outotec equipment.
 

Outotec to deliver grinding and flotation technology to Russia

24 April 2017 Time: 13:33
Outotec has been awarded a contract for the delivery of grinding and flotation technology in Russia.
 

Karbasian Emphasizes on Utilization of Foreign Consultants in Mining Sector

16 November 2017 Time: 23:13
“our consultants should provide situation for achievement to international standards by application of scientific experiences and new technologies”, Karbasian announced, during a meeting in Angouran Complex, located in Takab County in East Azerbaijan province.
 

Iran’s Mining Sector Potential Remains Locked

16 November 2017 Time: 22:24
The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.
 

Growth of employment and investment in licenses granted to mining sector

14 November 2017 Time: 11:55
A recent report by the Ministry of Industry, Mine and Trade of Iran on licensing in the mining sector confirms that there has been a growth in the employment and investment rates.
 

Iran Mineral Exports Earn $5.4b in Seven Months

14 November 2017 Time: 11:08
Iran exported more than 39.1 million tons of mineral products worth $5.41 billion during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 5.5% and 3.1% growth in tonnage and value respectively compared with last year’s corresponding period.
 

Rise in Esfordi Phosphate Production

13 November 2017 Time: 00:25
Iran’s major phosphate producer, Esfordi Phosphate Industrial & Mineral Complex, produced 34,364 tons of phosphate during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 5.29% increase compared with last year’s corresponding period.
 

Iran ConMin 2017 Opens

4 November 2017 Time: 20:03
The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry opened in Tehran on Saturday.
Auto
 

SAIPA Announces Quick Price

16 November 2017 Time: 22:33
SAIPA, Iran’s second-largest carmaker, has announced the price of its latest model Quick.
 

IKCO to Start Production of Peugeot 301

14 November 2017 Time: 11:24
Iran Khodro has said it will ‘start test production’ of Peugeot 301 in the coming week.
 

Domestic Auto Parts Makers Averse to IKCO-Peugeot Deal

13 November 2017 Time: 00:18
Left to their own devices, Iranian auto parts makers say they are reluctant to and uninterested in collaborating with Iran Khodro over its joint production deal with Peugeot.
 

POSCO is at the Forefront of the Dawning Age of Electric Vehicles

6 November 2017 Time: 22:44
From October 30, POSCO hosted the 'Global EV Materials Forum 2017' at the Songdo Global R&D Center in Incheon.
 

Eco-Friendly Car for Police Fleet

2 November 2017 Time: 10:38
Tehran Police will equip its car fleet with eco-friendly vehicles to help protect the environment and curb air pollution.
 

Iran Khodro, Hyundai PowerTech Sign Joint Venture Deal

26 October 2017 Time: 12:28
The largest local carmaker, Iran Khodro, has signed a joint venture deal on the production of gearboxes in Iran with a subsidiary of the South Korean automotive company, Hyundai PowerTech Company.
ECONOMY
 

IME’s Trade Value of Metal and Mineral Commodities, Up 21%

27 August 2017 Time: 14:00
Trade value of Metal and Mineral commodities in Iran Mercantile Exchange during last Iranian year(ended 20 March2017) indicating a 21.6% growth compared to the same period of the previous year, IME announced in its Quarterly newsletter(Spring 2017).
 

Metal and Mineral Product Spot Market Trading Ranked Top in IME

8 May 2017 Time: 04:15
Metal and mineral product spot market trading value and volume respectively ranked 1st and 2nd in Iran Mercantile Exchange, IME announced in its quarterly newsletter of winter 2017.
 

Metal and Mineral Products Trading Value Increased in Fall 2016

2 February 2017
IME‘s quarterly trading statistics in spot market shows increase in metal and mineral products trading value in fall 2016.
 

IME Trade Near $17b in 10 Months

26 January 2017
Iran Mercantile Exchange witnessed the trading of 28 million tons of commodities valued at $16.86 billion in the 10 months to January 19, up 42% and 87% in terms of volume and value respectively compared to last year’s corresponding period, IME reported on its website.
 

IME trade hikes 87% in 10 months

26 January 2017
TEHRAN- According to the latest released data, 28 million tons of commodities worth more than 650 trillion rials (more than $16.7 billion) were traded in Iran Mercantile Exchange (IME) in a ten-month-period beginning from the start of current Iranian calendar year (March 20, 2016- January 19, 2017), showing 87 percent rise in terms of value compared to the same time span in the previous year.
 

Growth in Steel, Zinc, Gold Trade at IME

24 January 2017
Steel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries Development and Renovation Organization reported.
 

Copper, iron ore price drops bring mayhem to mining stocks

10 September 2017 Time: 12:45
Mining and metals investors were offloading the sector's big names on Friday after sharp declines in iron ore and base metals prices which according to some market observers have been running ahead of fundamentals.
 

Asian Stocks Slip, Yen and Gold Gain as Global Risks Rise

14 April 2017 Time: 20:53
Most Asia stock markets retreated Wednesday as rising geopolitical risks kept investors on edge, with Japanese shares leading the decline after the strengthening yen breached a key level.
 

Tehran to Host FINEX 2017

13 April 2017 Time: 00:46
The 10th International Exhibition of Exchange, Bank and Insurance is scheduled for April 15-18 at Tehran’s international permanent fairgrounds.
 

Cement Stocks Rise on News of Demand Stimulation

25 January 2017
Iran is currently the world’s seventh largest cement producer
 

$125m of Foreign Investments in IFB Post Sanctions

20 January 2017
Iran Fara Bourse has attracted 5 trillion rials (about $125 million) in foreign investments since the Implementation Day, that is the removal of sanctions on January 16, 2016, following Iran’s compliance with the nuclear deal it signed with world powers in 2015.
 

Donya-e-Eqtesad Launches Market Data Website

28 December 2016
The Tehran-based media corporation Donya-e-Eqtesad launched a stock market information service called Donya-e-Bourse on Sunday.
 

Iran's Mellat Insurance, SCOR Finalize Reinsurance Deal

24 October 2017 Time: 10:10
Mellat Insurance, affiliated with Bank Mellat, announced that it has signed a contract with France’s SCOR SE, based on which the major reinsurer will provide excessive loss coverage for Mellat.
 

Iran Insurance Growth at 20%

19 October 2017 Time: 13:03
The collective figure of Iranian insurance companies’ premiums during the first half of the current fiscal year to Sept. 22 has reached 166 trillion rials ($4.15 billion), which indicates an increase of 20% compared with the corresponding period of last year.
 

Insurance Industry’s Four-Year Outlook

8 October 2017 Time: 09:26
The president of the Central Insurance of Iran elaborated on the four-year outlook of Iran’s insurance industry through the end of President Hassan Rouhani’s second and final term in office.
 

Iran Focusing on Insurance Development

13 April 2017 Time: 15:19
According to the CII chief, the government’s big role in the economy and underdevelopment of economic sectors are slowing insurance growth in Iran
 

Iran Insurance Co Spinning Off into Four New Firms

8 January 2017
Iran Insurance Company, the only fully state-owned insurance firm in Iran, is planning to spin itself off into several entities as part of its reform plans, said Mohsen Pourkiani, IIC’s chief executive.
 

Hermes Reopens Export Guarantees for Iran

27 June 2016
Iran's ambassador to Berlin says the Hermes cover debt has been repaid and as a result, Euler Hermes coverage will resume soon.
 

Tehran to Host Int’l Engineering Confab

8 November 2017 Time: 01:05
The 14th Iran Industrial Engineering Conference is scheduled for February 6-7, 2018, at Iran University of Science and Technology.
 

EU Commercial Team to Visit Iran in Nov.

24 October 2017 Time: 09:59
A high-ranking commercial delegation from the European Union headed by the head of EU’s Agriculture and Rural Development Commission, Phil Hogan, is scheduled to visit Iran on Nov. 11.
 

Shariatmadari to Head Iran-Turkey Economic Commission

12 September 2017 Time: 10:40
Minister of Industries, Mining and Trade Mohammad Shariatmadari has been appointed the new Iranian head of Iran-Turkey Economic Commission.
 

India to Finance Rolling Stock Manufacturing Company in Iran

7 September 2017 Time: 10:39
Two Indian firms have signed an agreement with the Industrial Development and Renovation Organization of Iran to finance the construction of a rolling stock manufacturing company.
 

New Measures to Boost Domestic Production

14 April 2017 Time: 21:34
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian year after “Resistance Economy: Production and Employment” as he called on government officials to direct their efforts on two crucial tasks of improving domestic pro
 

Iran's trade balance positive for 2nd consecutive year

30 March 2017 Time: 20:38
Tehran- Based on the latest data released by Iran's Customs Administration, the country's trade balance was reported positive for the second consecutive year.
 

CBI Signs Deal With Czech ECA

15 November 2017 Time: 10:17
The Central Bank of Iran has reached a deal with the Czech Republic's export credit agency for facilitating and expanding trade ties as well as improving the level of investments.
 

Bank Account Closures in Emirates Confined to NBD

14 November 2017 Time: 11:40
In response to reports regarding the closure of Iranian bank accounts by UAE banks, the director general of International Affairs Department at the Central Bank of Iran has announced that the issue is only confined to the Emirates NBD banking group.
 

Bank Mellat to Issue $450m of Certificates of Deposit

13 November 2017 Time: 00:17
Bank Mellat plans to issue 18 trillion rials ($450 million) worth of certificates of deposit in the next five trading days. The CDs’ sale will begin on Monday and continue until Nov. 20, Bourse Press reported.
 

BMI Recovering Bad Loans

11 November 2017 Time: 22:10
Bank Melli Iran has managed to recover more than 64 trillion rials ($1.13 billion) of its non-performing loans during 2013-16, announced the bank’s chief executive.
 

Iranian Banks Eye Belgium Branches

6 November 2017 Time: 22:16
A number of Iranian banks have declared their interest in opening branches in Belgium, which goal is expected to materialize with the help of both countries.
 

Joint Committee of Iran, Iraq Central Banks

4 November 2017 Time: 09:39
Iran and Iraq agreed to establish a joint committee between their central banks as soon as possible, during a meeting between Iranian Minister of Industries, Mining and Trade Mohammad Shariatmadari and Chairman of the Central Bank of Iraq Ali Mohsen Al-Allaq.
 

Iran, Norway to Expand Financial Ties

16 November 2017 Time: 22:40
Iran and Norway explored ways of expanding financial ties between the two countries’ banks and credit institutions.
 

Growth of employment and investment in licenses granted to mining sector

14 November 2017 Time: 11:55
A recent report by the Ministry of Industry, Mine and Trade of Iran on licensing in the mining sector confirms that there has been a growth in the employment and investment rates.
 

Iran, Russia sign MoU for mining, energy cooperation

14 November 2017 Time: 11:49
The Industrial Development & Renovation Organization of Iran (IDRO) and Russian Trade and Economic Development Council (RTEDC) sealed MoU for cooperation in steel, mine, oil and gas fields.
 

Foreign Investment Sees Tenfold Rise Post JCPOA

13 November 2017 Time: 00:08
Foreign investment in Iran has seen a tenfold increase following the 2015 nuclear deal reached between Iran and six world powers, the government spokesman said.
 

German Companies Account for 50 Percent of FPI in Iran Capital Market

11 November 2017 Time: 22:16
German investors account for half of foreign portfolio investment in Iran’s capital market, says Securities and Exchange Organization’s deputy head for international affairs.
 

BOT Contracts to Finance Rail Projects

11 November 2017 Time: 21:52
Ministry of Roads and Urban Development’s Advisor Gholamreza Salami said new Iranian railroads, including the one linking Chabahar to Zahedan, will be financed under Build-Operate-Transfer contracts, IRNA reported.
 

BOT Contracts to Finance Rail Projects

11 November 2017 Time: 21:52
Ministry of Roads and Urban Development’s Advisor Gholamreza Salami said new Iranian railroads, including the one linking Chabahar to Zahedan, will be financed under Build-Operate-Transfer contracts, IRNA reported.
 

Overview of Iran’s Road Construction, Mining Machinery Market

8 October 2017 Time: 09:07
The production, utilization and import of road construction and mining machinery are a significant indicator of economic growth, as rising numbers would point to increasing development and investment in infrastructures.
 

SPEIDC Calls for investment in Construction of Power Plant

15 August 2017 Time: 22:52
South Parsian Energy-intensive Industrial Development Company calls for investment in Construction of Power Plant, Substations and Transmission Lines in PEISEZ
 

India sees Iran’s Chabahar ‘a gateway to golden opportunities’

8 August 2017 Time: 02:46
Chabahar port, located in the energy-rich Persian Gulf nation's southern coast, is easily accessed from India's western coast, bypassing Pakistan.
 

285 Km of Freeways Since 2013

10 April 2017 Time: 23:18
More than 285 kilometers of freeways have come on stream since August 2013 when President Hassan Rouhani took office, according to the deputy head for construction and development at Transportation Infrastructure Company.
 

Urmia-Naqadeh Rail Linkup Underway

10 April 2017 Time: 22:38
The track-laying of a 75-km railroad connecting Urmia, the capital of northwestern West Azarbaijan Province, to the city of Naqadeh also in West Azarbaijan has begun.
 

Iran-Turkey Rail Freight Transport Up 54%

14 November 2017 Time: 11:14
Some 414,000 tons of freight have been transported between Iran and Turkey via rail since the beginning of the current Iranian year (started March 21), registering a 54% increase compared with last year’s corresponding period.
 

Julio and Julio in Brazil to reduce its quarry operating costs with Metso's Haul Truck Solution

11 November 2017 Time: 23:05
Julio and Julio Group has chosen Metso's Haul Truck Solution to reduce the operating costs and improve the performance of its truck fleet in the São Domingos quarry in Sorocaba, Brazil. This investment is estimated to reduce operating costs by 30% over the long term.
 

Moving Freight Made Easier With Internet-Based Trucking

6 November 2017 Time: 21:55
Local startups have launched services that connect individuals and businesses to truckers. Three of the successful companies are Asan Bar (Easy Load in Persian), Taraabar (Transporter) and BarYar (Transport Assistant)
 

IRISL Returns to the Fold of Int’l Shipping Giants

19 October 2017 Time: 13:02
The Islamic Republic of Iran Shipping Lines plans to replace 49 ships with new ones within five years, the technical and commercial director of the state-run company said.
 

Goods Transit Through Iran Up 27%

10 October 2017 Time: 16:32
Close to 4.86 million tons of goods were transited through 32 active land and sea border crossings across the country during the six months to Sept. 22, registering a 27% increase compared with the corresponding period of last year.
 

IRISL Handles Half of Domestic Container Throughput

6 October 2017 Time: 15:59
The maritime fleet of the Islamic Republic of Iran Shipping Lines handles half of the cargo container throughput in the country, said the director general of Container Transportation Company—an IRISL division.
GEOLOGY
 

15 Countries Attended 2nd IR-ODEX in Tehran

22 October 2017 Time: 19:23
The second IR-ODEX International workshop entitled “Ore Deposit Model Exploration: Base and Precious Metal Deposits “started with attendance of professors and researchers of 15 countries here in Tehran on October21, 2017.
 

IMIDRO Introduces Newly Discovered mineral reserves

6 August 2017 Time: 02:53
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) introduced some mineral reserves discovered recently in the country during a conference held on 30 July 2017.
 

IMIDRO to Hold Exploration Conference

24 July 2017 Time: 21:58
IMIDRO is going to hold a conference on “Iran’s new explorations” in Tehran on July 30.
 

Reconnaissance Phase of all Exploration Projects Finished

2 February 2017
Reconnaissance phases of all IMIDRO’s exploration projects finished and prospecting and general exploration results of some projects are promising as well, Director of IMIDRO’s exploration department announced.
 Main challenge is training in RS and GIS:

Geology is the first step in mining process

9 November 2016
Gerhard Bax, German earth science educator attending Iran ConMin2016, insists that geology is the first step in mining process.
 

IMIS 2016 in Dec.

5 November 2016
The Second Iran Mines and Mining Industries Summit: Exploration, Development and Investment, otherwise known as IMIS 2016, is scheduled to be held in Tehran on December 11-12, 2016.
ENVIRONMENT
 

Iran Greenhouse Gas Emissions Up 3% in Decade

16 November 2017 Time: 22:39
For Iran, tackling climate change is crucial because of its impacts on water resources and forests, both of which have suffered greatly as a result of rising global temperatures.
 

Urmia Lake Shrinks Further

19 October 2017 Time: 13:15
The level of Urmia Lake in northwest Iran has declined by 3 centimeters and its area has shrunk by 36 square kilometers over the past two weeks, an official at the Urmia Lake Restoration Program said.
 

Gulf of Mexico Oil Spill May Be Largest Since BP Disaster

18 October 2017 Time: 12:06
An oil spill in the Gulf of Mexico last week may be the largest in the US since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig.
 

Mines Threaten Khuzestan Wildlife

17 October 2017 Time: 12:07
Landmines left from the eight-year Iraq-imposed war pose a serious threat to wildlife in Mishdagh and Fakkeh protected areas in Khuzestan Province, especially goitered gazelles
 

Rising Temperatures Hurting Poor Countries

12 October 2017 Time: 11:09
Rising global temperatures are having a direct negative developmental effect on the economies of the world’s poorest countries and could “erase close to one-tenth” of their per capital output if left unchecked, according to the International Monetary Fund.
 

Norway Takes Hard Look at Climate Risk for Oil Riches

7 October 2017 Time: 11:36
What is 47 billion barrels in oil and gas really worth in an age where renewable sources are increasingly filling the world’s energy needs?
ENERGY
 

Caspian Oil Swap Steady

16 November 2017 Time: 22:50
Operations to swap the fifth batch of crude oil consignment from the Caspian Sea littoral states to the port of Neka in northern Iran with deliveries in the Persian Gulf were carried out successfully, deputy operations manager at Iranian Oil Pipeline and Telecommunications Company said.
 

OPEC Reaffirms Iran's Pledge to Supply Cuts

14 November 2017 Time: 11:20
Iran continues to adhere to a global agreement to scale back crude oil production as OPEC data on Monday showed further cuts in the country's monthly oil output.
 

Iran’s Crude Oil Price Up 4.5%

12 November 2017 Time: 00:01
Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more than two years.
 

Iran Crude Oil Price Hits New Year-High

8 November 2017 Time: 01:09
Iran's crude oil crossed the $57-a-barrel threshold for the second time this year as global prices continue to draw support from the prospect of extending a supply cut agreement between OPEC and non-OPEC producers.
 

Metso receives four major oil and gas valve orders from Chinese petrochemical customers

4 November 2017 Time: 10:02
Metso has received four major valve orders for the oil and gas industry from Chinese petrochemical customers. All orders are for greenfield investments and have been booked in Metso's orders received starting from the first quarter of 2017, with subsequent quarterly bookings in 2017 and continuing to 2018
 

Oil Near 2-Year Highs

4 November 2017 Time: 09:47
Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
 

South Pars Gas Output to Reach 570 mcm/d by March

15 November 2017 Time: 10:18
Natural gas production from the giant South Pars Gas Field is scheduled to return to normal by the end of the present fiscal year in March, following a string of overhauls at the field's platforms and refineries.
 

ONGC Seeking to Diversify Assets Amid Iran Gas Row

4 November 2017 Time: 09:43
India’s ONGC Videsh has turned its focus on buying stakes in overseas oil and gas production assets to meet output targets after a delay by Iran in awarding development rights for a gas field, its managing director said on Thursday.
 

Iran-India Farzad-B Talks Deadlocked Over Gas Price

2 November 2017 Time: 10:31
Negotiations are underway between Iran and India over a deal to develop a major offshore gas deposit in the Persian Gulf, but the two sides are at odds over the price of Iran's natural gas, chief executive of the National Iranian Oil Company said.
 

Iran Keeping Hopes Alive for Natural Gas Export to Europe

22 October 2017 Time: 19:06
Despite years of speculations and no action, Iran continues to weigh options to transport its profuse natural gas resources to Europe and emerge from a marginal exporter in the region into a major player in the global market
 

Iran Says Oil, Gas Projects Unaffected by Trump Threat

15 October 2017 Time: 16:29
A top official at Iran's state oil company on Saturday sought to ensure that the country's key petroleum industry will not be rattled by US President Donald Trump's decision to decertify Tehran's compliance with the 2015 nuclear deal, a move that experts say can have major ramifications for its economy and energy sector.
 

India Wants $300b in Energy Investment

12 October 2017 Time: 11:27
India wants to attract foreign investments for $300 billion of energy projects planned for the next decade, its oil minister said, as the world’s third biggest oil consumer aims to cut imports.
 

Gas Flaring Cut by 70% in South Pars Refinery

10 March 2017 Time: 14:54
South Pars Oil and Gas Company (SPOGC) has curbed the flaring of natural gas at the so-called 3rd South Pars refinery in the city of Asalouyeh, Bushehr Province, by 70% in the present fiscal year (ends March 20), the refinery's director said on Wednesday.
 

Aramco Buys $7b Stake in Petronas

3 March 2017 Time: 14:40
Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, pumping in $7 billion in its biggest downstream investment outside the kingdom, the companies said on Tuesday.
 

Iran Signs $2b Refinery Expansion Deal With Daelim

8 January 2017
Tehran has finalized an agreement worth $2 billion (2.3 trillion won) with South Korea's Daelim Corporation to renovate and expand a refinery in Isfahan Province, head of the National Iranian Oil Refining and Distribution Company, Abbas Kazemi, said on Friday.
 

Plan to Raise Ethylene Output at Kavian Complex

16 November 2017 Time: 23:12
Kavian Petrochemical Complex, one of Iran's largest ethylene producers, has embarked on technical feasibility studies to increase its ethylene output by 10-15%.
 

Metso receives four major oil and gas valve orders from Chinese petrochemical customers

4 November 2017 Time: 10:02
Metso has received four major valve orders for the oil and gas industry from Chinese petrochemical customers. All orders are for greenfield investments and have been booked in Metso's orders received starting from the first quarter of 2017, with subsequent quarterly bookings in 2017 and continuing to 2018
 

Four new distributors operating close to important industry hubs reinforce the presence of Metso's Flow Control business in Brazil

12 October 2017 Time: 12:03
Metso has signed four new distribution agreements for its valve products in Brazil. The new distributors - Loopserv, ERC, MLDA and S.S. Negócios Mercantis - reinforce Metso's presence in Brazil's important process industry hubs, covering the northeast and south of the country.
 

Iran's Annual Petrochem Revenues Seen Reaching $40b by 2022

25 September 2017 Time: 10:15
Iranian officials on Sunday spoke of new investments in the economy and ambitious production targets in a petrochemical industry that is seen as Iran's most profitable sector after oil and gas.
 

Iran's petchem exports near $3.5b in 4 months

20 August 2017 Time: 22:03
Iran exported 7.188 million tons of petrochemical products worth $3.496 billion during the first four months of the current Iranian calendar year (March 21-July 23)
 

R&D Agreement With Norway Co.

24 April 2017 Time: 13:50
The Petrochemical Research and Technology Company signed a memorandum of understanding with Norway's Norner institute on transferring modern technology to produce higher grades of polypropylene.
 

Iran's New Energy Minister Vows Action on Chronic Water Crisis

31 October 2017 Time: 12:36
Preserving water resources and reforming the national wastewater system amid a chronic water crisis are front and center to plans of Reza Ardakanian, Iran's new energy minister who boasts environmentally-friendly credentials.
 

Iranian, French water associations sign co-op MOU in water sector

19 October 2017 Time: 13:29
Iran Association of Water and Wastewater Experts (IAWWE) and L'Association Internationale de L'Eau (IWA) signed an agreement on the sidelines of the 13th Iran International Water and Wastewater Exhibition (Watex 2017) in Tehran, IRNA reported on Wednesday.
 

Private Sector Eyes Water, Power Projects Worth €10b

17 October 2017 Time: 11:27
In the face of tight state funding and financial pressure, private companies have taken on the mantle of developing Iran's water and power infrastructure, Iran's caretaker energy minister said on Monday.
 

Poor Water Management Poses Environmental Challenge

3 October 2017 Time: 19:53
Although water scarcity is one of the biggest environmental challenges facing Iran, inefficient management of the valuable resource is largely to blame for a crisis that has emerged over the years, the director of Iran Water Industry Federation said.
 

€406m Foreign Funding for Khuzestan Water Project

5 September 2017 Time: 13:23
First Vice President Es'haq Jahangiri has given the nod to the use of foreign financing, in view of the government's limited financial resources, to fund two public projects:
 

Invitation for Investment in Construction of Sea Water Desalination in PEISEZ

15 August 2017 Time: 22:27
South Parsian Energy-intensive Industrial Development Company invites investors to participate in Construction of Sea Water Desalination, Storage and Transmission of fresh water in PEISEZ.
 

Iran Keen to Develop Caspian Reserves

11 April 2017 Time: 01:29
The National Iranian Oil Company is eager to develop offshore oil and gas fields in the Caspian Sea in collaboration with foreign majors.
 

Ten South Pars Platforms Under Construction

13 February 2017
Iran Marine Industrial Company, Sadra, is building 10 offshore platforms to develop the remaining phases of the giant South Pars Gas Field in the Persian Gulf, the deputy for development and engineering at the National Iranian Oil Company said.
 

Egypt Signs $220m Energy Deals

30 December 2016
Egyptian Oil Minister Tarek El Molla has signed three offshore oil and gas exploration and production deals worth a total of at least $220 million with France's Total, Britain's BP and Italian oil major ENI's Egyptian subsidiary IEOC, the ministry said on Wednesday.
 

Renewed Interest in Offshore Exploration

28 December 2016
Oil exploration in the Persian Gulf is now on the agenda of the National Iranian Oil Company's exploration department that is why "Sahar 1" drilling rig will be employed to expand explorations in the region, Saleh Hendi, director of drilling operations at NIOC said Monday.
 

Standard Equipment to Help Cut Offshore Drilling Costs

27 December 2016
The global offshore oil industry could cut exploration costs by more than 30% if it would just agree to use standardized equipment, according to the International Marine Contractors Association (IMCA).
 

Gov’t Mulls Higher Power Tariffs to Help Cut Subsidies

30 October 2017 Time: 11:15
The disparity between real electricity prices, which include the costs for generation and transmission, and what consumers pay for electrical power has compelled the government to pay 70 trillion rials (about $1.75 billion) in subsidies per annum, excluding expenditures on feedstock for power plants, a deputy energy minister said.
 

25% Rise in Iran Power Exports

16 October 2017 Time: 11:32
Iran's electricity exports rose nearly 25% in the first six months of the current fiscal year (March 21-Sept. 22) from the same period of a year ago, a deputy energy minister said on Sunday.
 

Qazvin Unveils Solar Energy Storage System

4 September 2017 Time: 12:00
Iran has unveiled a long-term solar energy storage system in the Science and Technology Park of Qazvin.
 

Qeshm Solar Power Venture Underway

2 September 2017 Time: 19:48
Work on constructing a 10-megawatt solar power plant in Qeshm Island started on Wednesday in what would be the first photovoltaic power station on the Persian Gulf island.
 

Aurus, Russia, places order with SMS Group to supply Urbangold Compact plant for electronic scrap recycling

30 August 2017 Time: 21:03
Aurus, a company based in Moscow, Russia, has placed an order with SMS group for the supply of an UrbanGold Compact plant. The plant will be located near Moscow.
 

Iran Four-Year Power Exports Reach $3.3 Billion

30 August 2017 Time: 20:41
Iran earned $3.373 billion from electricity exports in nearly four years by supplying over 40.1 billion kilowatt/hours of power to neighboring countries between August 2013 and June 2017, an Energy Ministry report said.
 

Global Nuclear Capacity to Rise

16 November 2017 Time: 22:59
Global nuclear capacity will rise from 413 GW at the end of 2016 to 516 GW in 2040 under the most likely scenario, according to the International Energy Agency's World Energy Outlook 2017 report, which was released on Tuesday.
 

French Businesses, Officials to Preempt American JCPOA Walkout

22 October 2017 Time: 19:10
French businesses and foreign and finance ministry officials will meet next week, as they work together to understand better the consequences of US President Donald Trump’s refusal to certify the 2015 Iran nuclear deal.
 

Rouhani: U.S. allies have sided with Iran, nuclear deal

19 October 2017 Time: 13:20
Iranian President Hassan Rouhani said on Tuesday that the United States’ “traditional allies” and other countries have sided with Iran and the 2015 nuclear deal.
 

India’s Answer to Trump on Climate Is Nuclear Power

12 June 2017 Time: 01:45
Modi sees the atom as an alternative to coal and a boost to manufacturing.
 

Bushehr Nuclear Plant Output to Increase

13 April 2017 Time: 01:01
Two percent of Iran's total electricity output comes from the sole nuclear power plant in the south, but output is expected to rise, says the head of Bushehr Nuclear Power Plant.
 

France to Shut Oldest Nuclear Plant

11 April 2017 Time: 00:56
France's oldest nuclear power reactor will stop electricity production by April 2020, once a new generation EPR reactor under construction in Flamanville is operational, according to a decree issued in the country's official gazette on Sunday.
 

Iran Ratifies $7.3b Worth of Foreign Investments in Renewables

11 November 2017 Time: 22:16
The government has commissioned the construction of €6.3 billion ($7.3 billion) worth of renewable power plants through foreign investment, government's spokesperson said, as Iran takes steps to diversify its energy mix that is dominated by oil and gas.
 

European Utilities Call for Higher Green Energy Targets

8 November 2017 Time: 01:14
Some of Europe’s top utilities have called the EU’s green energy targets unambitious, urging the bar to be raised in the fight against climate change, a letter seen by Reuters said.
 

Norwegians Discussing Wind, Solar Joint Deals with Iran

24 October 2017 Time: 10:18
In line with efforts to enhance the country's renewable power production capacity, preliminary talks are underway with Norway’s Norsk Vind Energi to construct a 200-megawatt wind farm in Iran, the deputy energy minister for international affairs said.
 

Norway’s Saga Signs $2.9b Iran Solar Power Venture

19 October 2017 Time: 13:07
Norway’s Saga Energy signed a €2.5 billion ($2.94 billion) deal in Tehran on Tuesday to build solar power plants in Iran, the company said, just days after US President Donald Trump unveiled a more confrontational policy toward Tehran.
 

Norway Takes Hard Look at Climate Risk for Oil Riches

7 October 2017 Time: 11:36
What is 47 billion barrels in oil and gas really worth in an age where renewable sources are increasingly filling the world’s energy needs?
 

Int'l Energy Agency Sees New Era in Solar Power

6 October 2017 Time: 17:06
New solar photovoltaic capacity increased by 50% in 2016, according to a renewables market analysis and forecast from the International Energy Agency.
 

Norwegians Discussing Wind, Solar Joint Deals with Iran

24 October 2017 Time: 10:18
In line with efforts to enhance the country's renewable power production capacity, preliminary talks are underway with Norway’s Norsk Vind Energi to construct a 200-megawatt wind farm in Iran, the deputy energy minister for international affairs said.
 

Korean company to invest in construction of 3 wind farms in Iran

26 September 2017 Time: 09:46
A South Korean company is to invest in construction of three wind farms in the south-eastern Iranian province of Sistan-Baluchestan.
 

German Co. Signs $108m MoU to Build Solar, Wind Plants

20 December 2016
Germany’s Medio Energy signed a memorandum of understanding for the construction of a wind and a solar power plant in south Iran.
 

Iranian Firm to Build 50 MW Wind Farm in Pakistan

3 September 2016
Pakistan has issued a permit for the construction of a wind power plant in the country’s Sindh Province by Iran Power and Water Equipment and Services Export Company (SUNIR).
 

Norway’s Saga Signs $2.9b Iran Solar Power Venture

19 October 2017 Time: 13:07
Norway’s Saga Energy signed a €2.5 billion ($2.94 billion) deal in Tehran on Tuesday to build solar power plants in Iran, the company said, just days after US President Donald Trump unveiled a more confrontational policy toward Tehran.
 

POSCO DAEWOO Completes Uzbekistan's Biggest Combined Cycle Power Plant in Talimarjan

13 September 2017 Time: 20:32
On August 29, POSCO DAEWOO-Hyundai E&C consortium completed the 929MW Talimarjan combined cycle power plant in Talimarjan, Kashkadarya that is approximately 440km southwest from Tashkent, the capital of Uzbekistan.
 

$6b Worth of Power Deals Since Sanctions Removal

27 August 2017 Time: 13:26
In line with efforts to attract much-needed foreign funds to expand power output capacity, the Energy Ministry has signed preliminary deals worth $6 billion to build new thermal power plants since early 2016, when sanctions against Tehran were lifted, managing director of Thermal Power Plants Holding Company (TPPHC) said.
 

Metso wins recognition as a leading brand in the Brazilian mining sector for the second consecutive year

24 January 2017
For the second year running, a survey conducted by IN THE MINE magazine in Brazil ranked Metso as a leading brand in the Brazilian mining sector. Metso was number one in the categories of Crushing and Maintenance of Mineral Beneficiation Mills.
 

Metso has set sustainability targets for its own operations for the years 2016-2018

3 September 2016
Metso has revised its sustainability strategy and set targets related to its own approach to sustainability for the years 2016-2018.
 

Metso involved in over 100 shutdowns and turnarounds around the world in various industry sectors in 2015; focus on increasing customers' productivity

6 February 2016
Metso has solid experience in delivering engineered performance and reliability to oil and gas, pulp and paper, and process industry customers through its leading product brands Neles® and Jamesbury®, and has delivered millions of control valves and on-off valves globally over the last 90 years. Metso has valve technology centers and valve production facilities in Finland, the United States, Germany, China, South Korea, India and Brazil.
 

Private Sector Eyes Water, Power Projects Worth €10b

17 October 2017 Time: 11:27
In the face of tight state funding and financial pressure, private companies have taken on the mantle of developing Iran's water and power infrastructure, Iran's caretaker energy minister said on Monday.
 

Iran Seeks $250bn Investment in Energy & Industry Sectors

8 October 2017 Time: 09:32
Iran seeks $250 billion investment in infrastructures, oil, gas and different industries, chairman of the board of IMIDRO announced.
 

S. Arabia, Russia to Set Up $1 Billion Energy Fund

3 October 2017 Time: 19:44
Saudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, Russian Energy Minister Alexander Novak said in an interview broadcast by Al Arabiya TV on Monday.
 

Iran's South Azadegan Output at 83,000 bpd

27 September 2017 Time: 10:32
Crude oil production from the giant South Azadegan field near the Iraqi border has increased by 22,000 barrels per day.
 

Economic MoU With Russian Council

20 September 2017 Time: 12:39
The Industrial Development and Renovation Organization of Iran signed a memorandum of understanding with the Russian Trade and Economic Development Council on Tuesday for expanding cooperation in the fields of energy, rail and aviation industries.
 

Iran Seeking Crude Market Expansion in Europe, Asia

17 September 2017 Time: 10:17
Iran has increasingly expanded its footprint in the European oil market since last year's lifting of sanctions, with ports and terminals in Europe taking in nearly 35% of Iranian crude exports.
Building Materials
 

Iran Holds 3b Tons of Decorative Stone Reserves

14 January 2017
Iran holds 3 billion tons of decorative stone reserves, says an executive of Iran Stones Association.
 By the Presence of International Mining Delegates:

The International Mining Trade Fair Has Just Opened Up

5 November 2016
Tehran is hosting over 300 national and foreign companies in the International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry at Tehran International Exhibition Center
 

Stone Exporters Hit Rock Bottom

21 July 2016
Despite a 20-year-long record in the business and access to sizable and high-quality stone reserves, Iranian stone exporters have not yet been able to cross the $200 million mark in exports, the head of Stone Association of Iran said.
 

Tehran to Host Stone, Mining Exhibition

30 June 2016
The International Exhibition of Stones, Mining, Machinery and Related Industries will be held in Tehran’s International Fairground on July 18-21, 2016.
 

Concrete, Mortar Mixers Imported

10 October 2017 Time: 16:16
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
 

Hitachi Launches After Sales Services in Iran

8 May 2017 Time: 04:38
Japan’s Hitachi Construction Machinery Company has launched an after sales service in Iran in collaboration with industrial vehicle holding firm ‘Arian Sarmaie’.
 

Building Safety Compromised by Non-Standard Beam Imports

16 November 2017 Time: 22:29
Non-standard imported beams have compromised the safety of over 60% of buildings constructed in Iran, the head of National Iron & Steel Union said.
 

Reinventing Iran Housing Policies, Perceptions

11 October 2017 Time: 10:55
Minister of Roads and Urban Development Abbas Akhoundi believes that instilling a change in the outlook toward devising the housing policy and looking at life qualitatively, rather than quantitatively, offer a solution to the sector's problems.
 

Concrete, Mortar Mixers Imported

10 October 2017 Time: 16:16
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
 

Kish to Host CEBEX 2017

13 April 2017 Time: 15:16
The 13th International Exhibition of Construction and Civil Engineering, otherwise known as CEBEX 2017, is scheduled to be held on May 2-5 on the southern Kish Island’s International Exhibition Center, an official with Iran Chamber of Cooperatives said.
 

Uptick in Housing Starts Raises Recovery Hopes

26 January 2017
According to official data, the volume of residential real-estate deals in the city of Tehran during the eight months has climbed by 9%
 

Most Workplace Fatalities in Construction Sector

17 January 2017
Workplace accidents claim the lives of 1,500 people on a yearly basis, deputy roads and urban development minister, Hamed Mazaherian, said.
Sciences
 

Miners’ 13 Research Priorities to Benefit Exemption of State Law

30 December 2015
Administrative regulation related to applied research priorities that makes miners exempted from 10 percent of the state law announced by the mining deputy of Ministry of Industry ,Mine and Trade (Iran).
 

ERG and the GOSH arrange a visit of a well-known UK oncologist Dr Michalski to Astana

28 November 2015
The Slogan of Eurasian Resources Group is " Experience, Responsibility and Legacy"
 

New Digital Tool Makes Equipment Inspections Faster and Provides Same-day Reports

24 April 2017 Time: 13:38
Customers can now get immediate feedback from their equipment inspections thanks to a new mobile app being rolled out for Outotec equipment.
 

Zekelman Industries Places Orders with SMS Group for Modernization of ERW Tube Lines

2 February 2017
Increased productivity and a broader product portfolio
 

Gianpietro Benedetti on technologies for new market realities

13 January 2017
Interview by Richard Barrett, editor of Metal Bulletin, as appeared in Metal Bulletin Dec 2016 issue.
 

Iranian Websites Helping Jobseekers

8 November 2017 Time: 01:19
Local startups have launched online services connecting jobseekers and businesses with vacancies. Some of the famous names are Iran Talent, Ponisha and Jobinja, but there also newcomers.
 

Instagram Now Supports Persian Script

4 November 2017 Time: 09:43
Instagram has added support for languages that are written and read from right to left, namely Persian, Arabic, and Hebrew.
 

Financial Help for Mobile-App Developers

11 October 2017 Time: 10:59
The Ministry of Telecoms will grant loans to local mobile-app developers
 

One more step towards Industry 4.0

13 January 2017
Danieli Automation acquires Telerobot Labs
 

TATA Steel Produces Ultra-Clean Steels with VIM X-EED® Unit from SMS Group

31 March 2017 Time: 00:18
Tertiary metallurgy center makes speciality steels for the aerospace industry
 

Tehran Ready to Share Nuclear Knowhow

30 December 2016
The Atomic Energy Organization of Iran said sharing nuclear knowhow with neighboring countries will pave the way for regional development.
 

Iran Ready to Transfer Technical Know-how of Rare Earth Elements

18 July 2016
Head of Iranian Mineral Processing Research Center(IMPRC) announced that IMPRC is ready to transfer technical know-how of rare earth elements to other countries.
 

Iran, Denmark Cooperation in Knowledge Transfer

13 October 2015
Ehdasse Sanat and FLSmidth companies signed Memorandum of Understanding aimed to cooperation in technical knowledge transfer in cement industry, training experts and joint venture.
 

Iran University Students Develop Solar Car

8 February 2017
The preliminary design of a solar car named 'Sepehr' (Sky) will be unveiled at the Mechanical Engineering Faculty of Iran University of Science and Technology (IUST) this week.
 

POSTECH was ranked 8th best university in Asia by Times Higher Education

3 July 2016
In the Asia University Rankings, THE employed the same performance indicators used for its World University Rankings ㅡ 13 indicators in 5 areas including Teaching, Research, Citations, International Outlook and Industry Income ㅡ but more weight was given this year to the industry income indicators as industry-academia cooperation has become a crucial issue to universities.
 

Invitation for Collaboration in Mineral Research Projects

26 October 2016
Chairman of the board of IMIDRO invited the region countries to collaborate in mineral processing research projects.
 

Tehran Hosts Mineral Processing Symposium

22 October 2016
The First International Mineral Processing Activists Symposium (IMPAS 2016) is scheduled to be held in Tehran on October 25-26.
 

IMPRC to Hold 1st International Mineral Processing Activists Symposium on October 25

20 October 2016
1st International Mineral Processing Activists Symposium (IMPAS 2016) & 3rd Workshop of Iron Ore and Base Metals Processing (ECO Experts) will be held by IMPRC on 25-26 October, IMPRC administrator announced.
 

POSTECH was ranked 8th best university in Asia by Times Higher Education

3 July 2016
In the Asia University Rankings, THE employed the same performance indicators used for its World University Rankings ㅡ 13 indicators in 5 areas including Teaching, Research, Citations, International Outlook and Industry Income ㅡ but more weight was given this year to the industry income indicators as industry-academia cooperation has become a crucial issue to universities.
 

IMIDRO’s Attention to Training, Research Sector

15 February 2016
IMIDRO will pay special attention to training and research sector as the prerequisites of the technology and innovation development in mine and mining industries sector in the next Iranian year (20 March 2016_19 march 2017), Director of the IMIDRO’s training ,research and technology department announced.
 

Iranian Websites Helping Jobseekers

8 November 2017 Time: 01:19
Local startups have launched online services connecting jobseekers and businesses with vacancies. Some of the famous names are Iran Talent, Ponisha and Jobinja, but there also newcomers.
Scrap & Recycling
 

Great Opportunity in Recycling Investment

20 September 2017 Time: 12:54
Recycling is a strategic industry, as it generates considerable value added and creates sustainable jobs. However, lack of investment has failed to realize its high potentials.
 

Aurus, Russia, places order with SMS Group to supply Urbangold Compact plant for electronic scrap recycling

30 August 2017 Time: 21:03
Aurus, a company based in Moscow, Russia, has placed an order with SMS group for the supply of an UrbanGold Compact plant. The plant will be located near Moscow.
 

The Discreet Charm of Gas for Iranian Steel

3 March 2017 Time: 14:22
The steel industry accounts for 4-5% of Iran’s daily gas consumption of 90 million cubic meters / Iran holds an estimated 34 trillion cubic meters of gas, which constitute the biggest natural gas reserves in the world
 

Scrap Iron Scarcity Ironic

13 February 2017
In Iran, cheap energy and abundance of iron ore are the main causes deterring steelmakers from using scrap metal
 

Experts Call for Modernizing Metal Recycling

26 September 2016
Using scrap metal recycled through traditional methods hampers steel production efficiency, increases the industry’s energy costs and causes water and air pollution, the head of Khorasan Razavi Province’s Public-Private Dialogue Council said.
 

Thousands of Ships Being Scrapped

20 August 2016
The shipping industry is taking a beating. About 1,000 ships capable of hauling 52 million metric tons of cargo will be cut up and sold for scrap metal this year.
METALLURGY
 

Ahead Complete Global a Motto Is Being Lived!

16 January 2017
Kurtz Gießereimaschinen is known as a complete supplier for foundry lines and production systems for the foundry industry.
 

KA Shui International Holdings Ltd. at a glance

14 January 2017
Originally established in Hong Kong in 1980, Ka Shui Group has begun setting up production bases in Shenzhen, Huizhou and Anhui Wuhu since 1986.
 ANKIROS/ANNOFER/TURKCAST 2016 FAIR TRILOGY:

FOCUS OF PRESTIGE IN METALLURGY INDUSTRY

23 September 2016
One of the most important events of global metallurgy industry, ANKIROS 2016 – “13th International Iron-Steel and Foundry Technology, Machinery and Products Trade Fair”, ANNOFER 2016 – “12nd International Non-Ferrous Metals Technology, Machinery and Products Trade Fair” and TURKCAST 2016 – “7th Foundry Products Trade Fair” will be organized by Hannover Messe Ankiros Fuarcilik A.S., between September 29 - October 1, 2016, at Tuyap Fair & Congress Center, Buyukcekmece, Istanbul.
 

TALEX casthouse in ABU DHABI - Successful Start of Operation

10 June 2016
Hertwich Engineering supplies on turnkey basis
 

METAFOUND 2016

30 May 2016
The 13th International Steel, Mine, Metals, Foundry, Metallurgy Industries and Related Equipment Trade Fair
 

Italian ring producer buys newly developed ring rolling machine from SMS group

30 January 2016
The new machine is equipped with electro-hydraulic direct drives that are mounted on the roll shafts - an innovative drive solution for this type of application. This design can reduce energy consumption by up to 40 percent compared with conventional ring rolling machines. Caption : Model of the new RAW ecompact® for energy-efficient production of rings with rectangular cross-section.
 

German Molding Machine Co. Picks New Iran Agent

26 January 2017
German manufacturer of molding machines Krauss Maffei Group has appointed Karan Sima Fam as its new agency in Iran and aims to strengthen its market position in injection molding and reaction injection molding machinery in the country, the German machinery supplier has announced.
 

AMB Iran Success Lines Up 2017 Event

27 June 2016
The success of the latest edition of Germany’s specialized exhibition for the machine tools and metalworking sector known as “AMB Iran” has prompted organizers to start planning the next event in 2017.
 

Extrugasa orders another extrusion press from Danieli Breda

13 November 2016
The new 45MN front-loading press will be the largest in Spain and one of the most modern worldwide
 

Tehran Hosts Alu-Tech Partnership Seminar

5 June 2016
The Iranian capital hosted the first Alu-Tech Partnership Seminar last week with a focus on technological developments in the production of structural parts as well as in automotive industry.
 

Great success at Interall ITA Seminar (Innovative Technologies for Aluminium)

24 December 2015
Great success in Dubai for the highly technical day that took place in order to explain the importance of innovation and the practical feasibility of the new technologies in aluminium extrusion and finishing and in waste water. The new concepts of green technology and the aluminium technology of the future have been presented in front of a special invitation audience of about 75 selected delegates, representing 38 companies from 13 middle east states.
 

Mercury Casting Contracts BuhlerPrince to Expand HPDC

4 October 2015
North America’s largest-dimension high-pressure die casting machine to debut next June
 

Seven Expands Activities for the Aluminium Industry

30 March 2017 Time: 22:13
Less than a year after the publication of Seven’s first brochure for the aluminium industry, satisfied customers in several countries have been won. Deliveries have gone to Germany, Italy, the Slovak Republic, Russia, and Taiwan.
 

Seven Kazakhstan Factory Opened in February 2017

30 March 2017 Time: 21:16
Seven’s growth over the last years has triggered substantial expansions: In 2016, the main plant in Divača/Slovenia was expanded with fully integrated production, shipping, and storage systems. New and improved lines for dry-mixing and taphole clays are complemented by a brand new 300m2 laboratory.
 

Repair of mixer no. 8 for Rusal

30 March 2017 Time: 20:50
Immediately after the start of Seven’s focus on aluminium, we were entrusted with a crucial task.
 

China's Yunnan province starts safety checks on metals plants

7 September 2017 Time: 11:39
China's southwestern Yunnan province said on Tuesday it is launching safety inspections on iron, steel and aluminium plants as part of a crackdown on outdated capacity.
 

Outotec and Outokumpu settled their patent dispute regarding ferroalloys technology inventions

13 January 2017
Outotec and Outokumpu have settled their patent dispute, commenced in 2013, concerning the rights to inventions relating to ferroalloys technology.
 

Mineral Exports Rise, Imports Fall Over 4 Months

14 August 2016
Crude steel and steel products accounted for nearly half of the overall export value
 

Iran’s Ferrochrome Seeks to Increase Global Market Share

27 July 2016
Iran seeks to increase its share of global ferrochrome markets in light of China cutting down on production capacities in some of its industrial sectors, including ferrochrome, and the country’s need to import the alloy, said Mohammad Reza Pirhassanlou, managing director of Joghatai Ferrochrome Complex.
 

Axens to Study Petroleum coke Feasibility

7 May 2016
Axens will Conduct a bankable feasibility study for the first petroleum coke plant in Iran.
 

Axens to Study Petcoke Unit Feasibility

28 April 2016
Technical and economic feasibility studies for setting up the first Iranian petroleum coke company have been handed over to the French engineering firm Axens.
 

Metso wins a significant order to deliver a new minerals processing plant to Russia

11 October 2017 Time: 11:12
The first comminution line will be delivered at the end of 2018 and the second around 2020.
 Unveiling Q-ONE

Danieli EAF efficient energy source through new high-performance power unit

8 October 2017 Time: 09:55
Finally, Q-ONE gives tremendous flexibility allowing EAF operation in cases of individual power unit failure, as well as operating the furnace at full power with just two electrodes.
 

Alba Line 6 Pot Shell Fabrication in Full Swing

26 September 2017 Time: 11:13
Aluminium Bahrain B.S.C. (Alba)’s Chief Executive Officer, Tim Murray paid an inspection visit to Ahmed Mansoor Al Aali (AMA Group), one of the major Bahraini contractors for its Line 6 Expansion Project, to celebrate the fabrication of 100 Pot Shells on Thursday September 7th 2017.
 

Vesuvius and thyssenkrupp CSA cooperate for the breakthrough Robotic Casting Technology

26 September 2017 Time: 10:57
Vesuvius has been awarded with a turn key project in thyssenkrupp CSA (Brazil) for the installation of Robotic Casting Technology on both slab caster ladle platforms.
 

JSW Dolvi orders converter shop and secondary metallurgy at SMS group

21 September 2017 Time: 19:52
JSW Steel Limited, India, has placed an order with SMS group for the supply of a converter shop for its Dolvi plant which has to fulfill high demands in terms of energy efficiency and environmental protection.
 

Alba Progresses its Historic US$ 3 Billion Line 6 Expansion Project

17 September 2017 Time: 11:26
Aluminium Bahrain B.S.C. (Alba), the first aluminium smelter in the Gulf region, has been making steady progress with the execution of its flagship development,
 

Phosphate Concentrate Output Rises

3 July 2016
Esfordi Phosphate Industrial and Mineral Complex produced 14,859 tons of phosphate concentrate in the first two months of the current Iranian year (started March 20), indicating a 22% rise compared to last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
 

GIFA, METEC, THERMPROCESS and NEWCAST to be held at the same interval in future

11 March 2016
“The Bright World of Metals” will be taking place in Düsseldorf again from 25. to 29. June 2019
Upcoming Events
Find a Job !
Tenders
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners