NEWS
IRON and STEEL
 

Hindalco Industries hands over India’s first all-aluminium freight trailer to UltraTech Cement

5 December 2019 Time: 16:42
Hindalco Industries Limited has handed over India’s first all-aluminium freight trailer in Rajasthan to Kamal Exim Pvt. Ltd., a leading Jaipur-based transporter of UltraTech Cement Limited. The 34-foot long aluminium freight trailer can ferry a wide range of materials such as cement, alumina, fly ash, grains, flour, steel coils and cylinders.
 

EU HRC: Italian mill announces another rise

4 December 2019 Time: 18:30
European coil mills are holding firm in their offers, with the vast majority having now formally informed customers of at least one increase for the first quarter.
 

Atlantic pellet: Murky price talks cloud 2020 outlooks

4 December 2019 Time: 18:27
Atlantic iron ore pellet market participants are still working to finalise some outstanding fourth quarter supply contracts, with the past year's murky price environment now exacerbating uncertainty over how and when 2020 supply contracts will be settled.
NON-FERROUS
 

Hindalco Industries hands over India’s first all-aluminium freight trailer to UltraTech Cement

5 December 2019 Time: 16:42
Hindalco Industries Limited has handed over India’s first all-aluminium freight trailer in Rajasthan to Kamal Exim Pvt. Ltd., a leading Jaipur-based transporter of UltraTech Cement Limited. The 34-foot long aluminium freight trailer can ferry a wide range of materials such as cement, alumina, fly ash, grains, flour, steel coils and cylinders.
 

Alliance gets air permit for Arizona Al smelter

4 December 2019 Time: 17:09
Arizona has granted prospective secondary aluminum smelter Alliance Metals an air permit, paving the way for the next steps in the project that is expected to break ground in mid/late 2020.
 

FYI Resources secures a site in Kwinana industrial area for high purity alumina refining facility

4 December 2019 Time: 16:46
The Australian listed resources company FYI Resources has reportedly received an industrial site in the Kwinana industrial area for its high purity alumina refining facility. The facility, as per the report, will refine kaolin feedstock arrived from FYI’s Cadoux Project.
 

Rio Tinto to extend Kennecott ops to 2032

3 December 2019 Time: 16:33
UK-based global miner Rio Tinto has approved a $1.5bn investment that will extend its US copper operations to 2032.
 

SDI La Farga to add second furnace

25 November 2019 Time: 17:56
US copper rod and wire producer SDI LaFarga will add a second furnace at its New Haven, Indiana, plant, boosting production by 250mn lbs/yr.
 

China’s Zijin to buy Timok copper mine in Serbia

4 November 2019 Time: 18:35
Chinese state-owned nonferrous metals producer Zijin Mining said today that it has agreed to buy the Timok copper and gold mine in Serbia from US-based Freeport McMoran.
 

Iran's Trade With Turkey Tumbles 39%

29 November 2019 Time: 18:10
Iran’s trade with Turkey totaled $5.01 billion during the first 10 months of 2019 to register a decrease of 39.24% compared with the corresponding period of 2018, data released by Turkish Statistical Institute show.
 

India steel: Coated prices flat on slow buying

14 November 2019 Time: 19:38
India's coated steel prices remained flat this week, as demand stayed slow after the festive season ended in October.
 

Noranda zinc production rises in 3Q

8 November 2019 Time: 17:18
Noranda Income Fund's zinc metal production increased by 10pc and sales grew by 8pc in the third quarter compared to a year earlier.
 

Asia Gold-Indian demand lights up on Dhanteras, Diwali

25 October 2019 Time: 14:21
Jewellers and retail consumers boosted gold demand in India this week as they stepped up purchases for the festivals of Dhanteras and Diwali, while higher prices dimmed activity in other Asian hubs.
 

Ivanhoe encouraged by rise in palladium prices

20 October 2019 Time: 20:45
Ivanhoe Mines’ (TSX: IVN) co-chairmen Robert Friedland and Yufeng “Miles” Sun issued a communiqué this week stating that recent increases in the price of palladium, nickel, rhodium and gold have resulted in the weighted price of the ‘basket’ of metals contained in the ore at the company’s Platreef project to rise to a new, multi-year high.
 

Ebola concentrated in Congo mining area, still an emergency — WHO

20 October 2019 Time: 20:22
Ebola is infecting and killing people in a gold mining area of eastern Democratic Republic of Congo, and the “complex and dangerous” outbreak still constitutes an international emergency, the World Health Organization (WHO) said on Friday.
 

Australia’s Liontown flags lithium project potential

2 December 2019 Time: 19:54
Australian lithium developer Liontown Resources has confirmed the potential for its Kathleen Valley project in Western Australia (WA) to become a significant open-pit lithium mine from 2024 before transitioning to underground operations later in its mine life.
 

Envirostream produces mixed metal dust from batteries

29 November 2019 Time: 17:20
Envirostream Australia has produced mixed metal dust (MMD) from spent lithium-ion batteries and is preparing to send its first MMD consignment to South Korea.
 

China Minmetals buys Fanya tungsten bar stocks

27 November 2019 Time: 18:24
Diversified metals trading firm and producer China Minmetals has purchased tungsten bar stocks from the bankrupt Fanya metal exchange in a recent auction.
MINERALS
 

Indian mills eye stocks to tide over iron ore shortage

5 December 2019 Time: 17:05
India's iron ore output is poised to post a sharp drop in the 2020-21 fiscal year starting 1 April, but it may not result in a significant spike in imports although domestic prices may increase.
 

SEC opens preliminary probe of Vale over dam tragedy

30 November 2019 Time: 18:52
The US Securities and Exchange Commission has opened a preliminary investigation of iron ore miner Vale over the collapse of a Brazilian mining waste dam that killed more than 250 people in January, Brazil’s O Globo newspaper reported on Tuesday.
 

Rio spending $4 billion on iron ore pipeline amid China demand

30 November 2019 Time: 18:42
Rio Tinto Group lifted its spending on new iron ore projects in Australia to more than $4 billion with the approval of a replacement mine at a key hub, providing a further sign of the industry’s confidence in demand led by China.
 

More Indian PCI imports come from Russia, Canada

5 December 2019 Time: 17:03
Indian imports of the pulverised coal injection (PCI) grade used for steel production fell to this year's lowest level in October as more Australian imports were replaced with PCI from Russia and Canada.
 

India plans single window system for coal projects

3 December 2019 Time: 18:34
India is taking further steps to fast-track approvals and bureaucratic clearances for coal projects, as the country looks to attract investors to the sector and speed up government processes to bring new mines into production.
 

Coal India faces up to output contraction

2 December 2019 Time: 19:44
State-controlled producer Coal India (CIL) is looking at its first drop in yearly production since at least the 2003-04 fiscal year, complicating a government pledge to provide around the clock electricity to all households and industries and boost economic growth.
 

FCB Horomill®: 25-year history told by Buzzi Unicem

15 February 2019 Time: 19:48
In the February issue of International Cement Review, Buzzi Unicem reviews its cooperation with Fives in the development of the FCB Horomill® technology.
 

RMA cementing alliances in northwestern BC

31 January 2019 Time: 17:28
A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups collaborate to progress mineral exploration and mining in northwest British Columbia.
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

Steel products output to reach 28m tons by March 2020

1 November 2019 Time: 22:57
Iran’s steel products output is going to reach 28 million tons by the end of the current Iranian calendar year, IRNA reported, quoting deputy industry, mining and trade minister as saying on Thursday.
 

Tehran hosting 2 intl. exhibitions

1 November 2019 Time: 22:53
The 15th International Exhibition for Mines, Construction Machinery and Related Industry and Equipment (Iran ConMin 2019) and the 19th Iran International Electricity Exhibition (IEE 2019) kicked off on Thursday at Tehran Permanent International Fairgrounds, IRNA reported.
 

thyssenkrupp Rasselstein has 48-year old tandem cold mill modernized by SMS group

5 October 2019 Time: 23:47
In March 2019, thyssenkrupp Rasselstein GmbH has awarded SMS group an order covering the modernization of the oil application system of the tandem cold mill No. 2.
 

Minister: Iran, Kyrgyzstan to Boost Trade Exchanges to $500mln

5 December 2019 Time: 16:10
Iranian Minister of Industry, Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.
 

Plan to Appoint More Commercial Attachés

4 December 2019 Time: 16:30
The number of Iran’s commercial attaches in target export destinations is expected to rise to 10 from the current six, the head of Trade Promotion Organization of Iran said.
 

Rio Tinto to extend Kennecott ops to 2032

3 December 2019 Time: 16:33
UK-based global miner Rio Tinto has approved a $1.5bn investment that will extend its US copper operations to 2032.
Auto
 

BMW invests 400 million euros in Dingolfing plant for highly automated electric vehicles production

3 December 2019 Time: 18:04
According to a recent report, the BMW group is investing 400 million euros in restructuring its Dingolfing vehicle plant for the production of electric vehicles, including the highly automated BMW iNEXT. The update of the plant should be done by 2021 and the BMW iNEXT will be the first pure electric vehicle produced in Dingolfing.
 

Australia’s Liontown flags lithium project potential

2 December 2019 Time: 19:54
Australian lithium developer Liontown Resources has confirmed the potential for its Kathleen Valley project in Western Australia (WA) to become a significant open-pit lithium mine from 2024 before transitioning to underground operations later in its mine life.
 

PSA Group China to have electrified versions of all its new and retooled cars in 2020

29 November 2019 Time: 17:48
PSA Group will start offering electrified versions of all new and retooled gasoline models in 2020, to be built at Dongfeng Peugeot Citroen Automobile. This is driven by the government’s push towards electrification.
ECONOMY
 

Commodities worth $404m traded at IME in a week

2 November 2019 Time: 21:59
During weekdays ending up to October 31, while 440,084 tons of commodities worth over $404 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 58 percent and 18 percent, respectively.
 

Value of trades at IME rises 22% in a week

20 October 2019 Time: 16:46
During weekdays ended on October 17, while 566,556 tons of commodities worth over $642 million were traded at Iran Mercantile Exchange (IME), the trading value and volume experienced growth of 22 percent and 29 percent, respectively.
 

Commodities worth $710m traded at IME in a week

5 October 2019 Time: 22:56
During the weekdays ended on October 3, while 555,517 tons of commodities worth over $710 million were traded at Iran Mercantile Exchange, the trading volume and value experienced a growth of 20 percent and 32 percent, respectively.
 

NIOC to Sell 6mln Barrels of Crude Oil, Condensates at Energy Exchange on Monday

14 November 2019 Time: 18:27
The National Iranian Oil Company (NIOC) plans to offer 6 million barrels of crude oil and condensates on the Iran Energy Exchange (IRENEX) on November 18.
 

Iran Posts Record Sales of LPG through Energy Bourse

12 November 2019 Time: 17:57
A new record has been registered in the daily sale of liquefied petroleum gas (LPG) produced in Iranian refineries and supplied through a local bourse mechanism, as reports recount that around 115 million liters of the fuel has been very recently sold in one single exchange.
 

NIOPDC to offer 20,000 tons of kerosene at IRENEX on Monday

2 November 2019 Time: 21:05
National Iranian Oil Products Distribution Company (NIOPDC) is going to offer 20,000 tons of kerosene at the international ring of Iran Energy Exchange (IRENEX) on Monday, ISNA reported.
 

Tehran Stocks Nudge Up

3 December 2019 Time: 17:56
The benchmark of Tehran Stock Exchange TEDPIX gained 619.57 points, or 0.19%, on Tuesday to end trading at 320,814.4.
 

Performance of Brokerage Companies Enumerated

2 December 2019 Time: 17:46
Brokerage companies handled 4,525 trillion rials ($37 billion) worth of stock market trade during the first eight months of the current fiscal year (March 21, Nov. 21) and 29% of the total was processed by five firms.
 

TEDPIX Registers 71% Growth

15 November 2019 Time: 19:00
Tehran Stock Exchange’s benchmark, TEDPIX, rose 126,435 points since the beginning of the current fiscal year (March 20) to stand at 307,094 as of November 13, indicating 71.89% growth.
 

Singapore delivered bunker premiums hit record high

28 August 2019 Time: 19:46
A shortage of bunker fuel and barges in Singapore has sent delivered premiums for 380cst high-sulphur fuel oil (HSFO) to record highs.
 

Startups Enter Insurance Industry

28 July 2019 Time: 21:23
Insurance industry plans to allow startups to handle 10% of Iran’s insurance market in the current fiscal year that started on March 21, said the head of Central Insurance company of Iran.
 

Official: Iran’s Insurance Industry Unaffected by Sanctions

5 December 2018 Time: 20:14
Director of the Central Insurance of Iran said the country’s insurance industry has successfully avoided being affected by the anti-Iran sanctions.
 

Minister: Iran, Kyrgyzstan to Boost Trade Exchanges to $500mln

5 December 2019 Time: 16:10
Iranian Minister of Industry, Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.
 

Norsk Hydro to cut primary aluminium production at its Slovalco plant

2 December 2019 Time: 20:06
A fully integrated Norwegian aluminium company Norsk Hydro announced on Monday, December 2, that it plans to cut 20 per cent production at its majority-owned Slovalco primary aluminium plant in Slovakia. Weak market is one of the reasons for the production cut, said the company.
 

Iran to Produce 28 Million Tons of Steel by Yearend

1 December 2019 Time: 18:45
A senior industrial official said that Iran is planning to produce 28 million tons of steel in the coming months despite the unilateral sanctions re-imposed by the US on the country.
 

CBI Governor Hopes for Continued Reduction of Inflation Rate in Iran

21 November 2019 Time: 17:57
Governor of the Central Bank of Iran (CBI) Abdul Nasser Hemmati underlined government's full control over the foreign exchange market, and expressed hope that reduction of inflation rate would continue in the next few months.
 

Iran’s Kish Island Hosting Int’l Banking, Insurance Expo

19 November 2019 Time: 19:11
The 6th International Exhibition of Exchange, Banking, Insurance and Privatization (Kish Invex 2019) opened in the Southern Iranian Persian Gulf Island of Kish.
 

Tehran Stocks Nudge 0.8% Higher

12 November 2019 Time: 18:53
Tehran stocks closed trading in positive territory on Tuesday amid rising demands for equities mainly in bank, chemical, auto and base metal group.
 

Rio Tinto invests $749 million in Pilbara iron ore mine

26 November 2019 Time: 18:44
Rio Tinto Ltd said on Wednesday it had approved a $749 million investment in its Greater Tom Price operations to help sustain production capacity in its iron ore business in the Pilbara region of Western Australia.
 

African lender eyes unloved neighborhoods in mining drive

20 October 2019 Time: 12:52
African Finance Corp. will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said.
 

Investment in Iran’s petchem industry to rise 75% by 2026

11 October 2019 Time: 15:27
Head of Iran’s National Petrochemicals Company (NPC) said investment in the country’s petrochemical sector is going to increase by 75 percent by the end of the Iranian calendar year 1404 (March 2026), IRNA reported.
 

Minister: Iran to Reconstruct Syria's Ravaged Water, Sewage Infrastructures

5 December 2019 Time: 16:17
Iranian Energy Minister Reza Ardakanian announced that Tehran and Damascus will sign a Memorandum of Understanding (MoU) which paves the ground for Iran's cooperation with Syria in reconstruction of its water and sewage infrastructures destroyed during war.
 

Portside weakness drags down PBF premiums

14 November 2019 Time: 19:27
Seaborne floating premiums for PB fines have halved since early October, pressured lower by weakness in China's portside markets.
 

Iran to Further Solidify Economic Infrastructures against Foreign Plots

28 July 2019 Time: 22:16
Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August, in a bid to strengthen its economic system in the face of foreign interventions.
 

China’s October coking coal imports dive further

27 November 2019 Time: 18:33
China's coking coal imports fell further in October as tightened import restrictions on Australian coking coal discouraged such shipments, even as prices remained relatively lower.
 

China seeks to suspend coal imports at all ports

13 November 2019 Time: 16:36
Beijing verbally told all regional customs authorities today to suspend coal imports because the country's receipts appear set to exceed the limit set for 2019.
 

China Iron Ore Imports Fall 7% in Oct'19 on Dull Demand

8 November 2019 Time: 13:27
According to General Administration of Customs, China - the world's largest iron ore consumer and importer recorded iron ore and pellet imports at 92.86 MnT in Oct’19. The imports witnessed 7% fall on monthly basis compared to 99.36 MnT in Sep’19. The decline in imports is attributed to falling demand amid increased production curbs and shrinking steel margins.
 

85% of Tax Revenues Collected From 3 Percent of Taxpayers

24 November 2019 Time: 15:48
Eighty-five percent of Iran's tax revenues come from only 3% of taxpayers, according to the head of Majlis Economic Commission, Eliyas Hazrati.
 

Swiss Gov't Approves Changes to Iran DTA

29 October 2019 Time: 20:05
The Swiss Federal Council adopted a dispatch on a protocol to the double tax agreement (DTA) with Iran on Oct. 23, which implements the minimum standards for such agreements.
 

Eliminating tax exemption in free zones not on agenda

21 October 2019 Time: 21:54
The secretary of Iranian Free Zones High Council said eliminating tax exemptions in the country’s free zones is not on the agenda of any official government or legislative bodies, IRNA reported.
 

Armenian Envoy Voices Interest in Facilitating Iran-Eurasia Trade

5 December 2019 Time: 16:15
Armenian Ambassador to Tehran Artashes Toumanian underlined willingness to help Iran further expand its economic ties and cooperation with the Eurasia Union members.
 

Minister: Iran, Kyrgyzstan to Boost Trade Exchanges to $500mln

5 December 2019 Time: 16:10
Iranian Minister of Industry, Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.
 

President Rouhani: Iran Firm to Follow Joint Economic Projects with Azerbaijan

4 December 2019 Time: 19:04
Iranian President Hassan Rouhani, in a meeting with visiting First Deputy of the Prime Minister of Azerbaijan Shahin Mustafayev in Tehran, underlined that his country is resolute to put all economic agreements with Baku into practice.
GEOLOGY
 

IMIDRO carries out mining excavation on 102,000 sq.m of land

30 October 2019 Time: 22:35
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) carried out mining excavation work on 102,000 square meters of land across the country in the past Iranian calendar year (ended on March 20, 2019), IRNA reported.
 

Lithium Chile gets environmental approvals for Turi exploration drilling

18 October 2019 Time: 22:10
Lithium Chile Inc. (TSXV: LITH) said on Friday that the Chilean Environmental Impact Assessment Authority (SEIA) has approved the Canadian miner’s Turi exploration drilling program.
 

Barkerville discovers new Lowhee zone at Cariboo project

17 October 2019 Time: 22:07
Barkerville Gold Mines has announced the successful results of drilling at its Cariboo gold project in British Columbia. Not only were high grades confirmed at Cow Mountain, but the company made a new gold discovery – the Lowhee zone.
ENVIRONMENT
 

Atlantic pellet: Murky price talks cloud 2020 outlooks

4 December 2019 Time: 18:27
Atlantic iron ore pellet market participants are still working to finalise some outstanding fourth quarter supply contracts, with the past year's murky price environment now exacerbating uncertainty over how and when 2020 supply contracts will be settled.
 

GECF: Gas Indispensable in Mitigating Climate Change

30 November 2019 Time: 18:11
Natural gas is an 'indispensable' part of the global energy mix needed to limit the impact of climate change and protect the environment, the Gas Exporting Countries' Forum (GECF) said Friday.
 

Scepticism over Portugal’s low-priced auction projects

29 November 2019 Time: 17:10
Market participants have cast doubt on the development of solar photovoltaic (PV) projects that won grid injection capacity in Portugal's auctions at very low prices.
ENERGY
 

Nigeria has reservations about deeper Opec cuts

5 December 2019 Time: 16:57
A move by Opec and non-Opec members toward deeper production cuts would be a "tough decision" for Nigeria, the country's oil minister Timipre Sylva said today.
 

Oman backs call to exclude condensate from Opec+ deal

5 December 2019 Time: 16:55
Russia will receive support from Oman as it raises the issue of excluding condensate from the Opec+ production cut agreement.
 

Iranian Technicians Overhaul 22 Gas Platforms in 160 Days

4 December 2019 Time: 18:59
Iranian engineers and technicians managed to overhaul 22 offshore platforms in the giant South Pars Gas Field in the Persian Gulf, independent of any foreign company or entity and depending 100% on domestic capabilities and potentials.
 

Iranian Technicians Overhaul 22 Gas Platforms in 160 Days

4 December 2019 Time: 18:59
Iranian engineers and technicians managed to overhaul 22 offshore platforms in the giant South Pars Gas Field in the Persian Gulf, independent of any foreign company or entity and depending 100% on domestic capabilities and potentials.
 

ExxonMobil plans 31-well campaign off Guyana

4 December 2019 Time: 17:07
ExxonMobil is awaiting regulatory approval for a 31-well exploration program over three blocks.
 

Bolivia revises down gas reserves, fixes gas line

3 December 2019 Time: 16:26
Bolivia's new interim government has revised down the figure for natural gas reserves, applying a more conservative interpretation of the certified data.
 

PdV ships petroleum coke to Cuba

27 November 2019 Time: 18:28
Venezuela's state-owned PdV is shipping petroleum coke to Cuba to reduce stockpiles of the oil byproduct at the 940,000 b/d CRP refining complex in Falcon state, according to multiple company officials.
 

PetroPeru initiates monthly spot crude sales

25 November 2019 Time: 18:24
State-owned PetroPeru will start first-ever monthly spot crude sales early next year as its main refinery closes for a long-delayed expansion project.
 

Lanjigarh alumina refinery receives Kalinga Safety Excellence Award

25 November 2019 Time: 15:53
The metals and mining conglomerate Vedanta Limited’s Lanjigarh alumina refinery was reportedly granted with Kalinga Safety Excellence Award at Bhubaneswar. Under the 10th edition of Odisha State Safety Conclave 2019, organised by the Institute of Quality & Environment Management Services (IQEMS), the Lanjigarh unit received bronze award under alumina sector category.
 

Informal ethanol market thrives in Mexico

4 December 2019 Time: 16:09
Drivers in Mexico are using high concentrations of ethanol in their tanks as a direct, cheaper substitute of gasoline despite blends over 10pc being illegal, conventional fuel retailers said.
 

Iranian Ports Post Significant Jump in Handling Oil-Products

3 December 2019 Time: 17:01
Load and unload operations for petrochemical and other oil-product cargoes have surged by almost a third in one month at the Iranian ports, indicating that the country has managed to find a way around the US unilateral sanctions which were supposed to paralyze Tehran’s economy.
 

Iran Mulling to Indigenize Petrochemical Industries Equipment

2 December 2019 Time: 20:46
Iran is planning to indigenize the equipment needed for the manufacturing of downstream petrochemical industries, an industrial official announced.
 

Minister: Iran to Reconstruct Syria's Ravaged Water, Sewage Infrastructures

5 December 2019 Time: 16:17
Iranian Energy Minister Reza Ardakanian announced that Tehran and Damascus will sign a Memorandum of Understanding (MoU) which paves the ground for Iran's cooperation with Syria in reconstruction of its water and sewage infrastructures destroyed during war.
 

Netherlands Voices Willingness to Cooperate with Iran in Water Management, Renewable Energies

4 December 2019 Time: 18:10
Dutch Ambassador to Tehran Jacques Werner said that his country is willing to establish mutual cooperation with Kish Free Zone Organization in water management, renewable energies and foodstuffs.
 

Iran, Tajikistan Discuss Financial Issues of Power Plant Project

2 December 2019 Time: 20:34
Delegations from Iran and Tajikistan met in Tehran for talks about the financial issues surrounding Sangtuda 2 hydroelectric power plant, a project carried out by Iran in Tajikistan.
 

Work Begins on Constructing 2nd Unit of Nuclear Power Plant in Bushehr

10 November 2019 Time: 17:13
Work for pouring concrete at the site of the second unit of Bushehr Nuclear Power Plant in south Iran started on Sunday.
 

India plans single window system for coal projects

3 December 2019 Time: 18:34
India is taking further steps to fast-track approvals and bureaucratic clearances for coal projects, as the country looks to attract investors to the sector and speed up government processes to bring new mines into production.
 

Iran, Tajikistan Discuss Financial Issues of Power Plant Project

2 December 2019 Time: 20:34
Delegations from Iran and Tajikistan met in Tehran for talks about the financial issues surrounding Sangtuda 2 hydroelectric power plant, a project carried out by Iran in Tajikistan.
 

Coal India faces up to output contraction

2 December 2019 Time: 19:44
State-controlled producer Coal India (CIL) is looking at its first drop in yearly production since at least the 2003-04 fiscal year, complicating a government pledge to provide around the clock electricity to all households and industries and boost economic growth.
 

New IAEA Chief Says May Meet Iranian Officials in Vienna Soon

4 December 2019 Time: 18:04
The new head of the UN nuclear watchdog said he is expected to hold talks with Iranian officials who will be in Vienna later this week for a meeting of the remaining JCPOA parties.
 

Leaving JCPOA Not Iran’s Goal: Deputy FM

4 December 2019 Time: 18:01
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi said the country does not aim to leave the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), despite reducing its commitments under the accord.
 

Iran, China Coordinate Efforts to Save JCPOA

1 December 2019 Time: 18:39
Senior diplomats from Iran and China weighed plans at a meeting in Beijing to salvage the 2015 nuclear deal.
 

Netherlands Voices Willingness to Cooperate with Iran in Water Management, Renewable Energies

4 December 2019 Time: 18:10
Dutch Ambassador to Tehran Jacques Werner said that his country is willing to establish mutual cooperation with Kish Free Zone Organization in water management, renewable energies and foodstuffs.
 

Iran’s Biggest Wind Farm to Be Launched in NW City: Energy Minister

27 November 2019 Time: 19:21
Iranian Energy Minister Reza Ardakanian said the country’s biggest wind warm is slated to be inaugurated in the northwestern city of Mianeh, East Azarbaijan Province, during President Hassan Rouhani’s ongoing visit to the province.
 

Iran Generates 4.4 Billion Kilowatt-Hours Green Energy in 10 Years

26 November 2019 Time: 20:47
Iran has generated more than 4.4 billion kilowatt-hours of electricity from renewable sources since mid-2009, a new report by the Energy Ministry said.
 

Danish Firm Will Join Japan Offshore Wind Projects

21 January 2019 Time: 15:31
Tokyo Electric Power Company Holdings has signed a memorandum of understanding with Danish energy business Orsted to work together on offshore wind projects.
 

Sportswear Giant Signs Second Wind Power Deal

21 January 2018 Time: 23:24
Sportswear giant Nike has signed its second major wind power agreement with Avangrid Renewables. The deal is for 86 megawatts of wind power from the Karankawa Wind Farm in Bee and San Patricio counties in Texas.
 

Google to Meet All Energy Needs From Clean Power

2 December 2017 Time: 12:55
Google, the biggest corporate buyer of renewable energy, is buying even more—536 megawatts of wind power from four power plants.
 

Iranian companies sign €60m petchem equipment production agreement

23 October 2019 Time: 21:40
National Iranian Oil Engineering and Construction Company (NIOEC) signed an agreement with two domestic companies namely Machine Sazi Arak and AzarAb Industries for cooperation on indigenizing the manufacturing of some equipment used in petrochemical industry.
 

Iran 50% self-sufficient in petchem, power plant equipment

15 October 2019 Time: 20:10
Nearly 50 percent of the equipment and machinery used in Iran’s petrochemical industries, industrial complexes and power plants are build inside the country, Mehr news agency reported on Tuesday, quoting a senior official from Iranian Ministry of Industry, Mining and Trade as saying.
 

Over 3800MW of new power plants to come on stream by next summer

7 October 2019 Time: 14:39
Some 3,864 megawatts (MW) capacity of new power plants are planned to be added to Iran’s electricity network by the next summer’s peak consumption period, IRNA reported, quoting the Managing Director of Thermal Power Plants Holding Company (TPPH) as saying.
 

Tehran hosting bitumen, asphalt conference, exhibition

23 October 2019 Time: 20:21
Iran’s 11th National Bitumen, Asphalt and Machinery Conference and Exhibition kicked off in Tehran on Tuesday at the presence of the country’s Transport Minister Mohammad Eslami, the event’s portal reported.
 

Informal ethanol market thrives in Mexico

4 December 2019 Time: 16:09
Drivers in Mexico are using high concentrations of ethanol in their tanks as a direct, cheaper substitute of gasoline despite blends over 10pc being illegal, conventional fuel retailers said.
 

EAEU A Big Opportunity for Boosting Iran’s Foreign Trade: Minister

1 December 2019 Time: 18:36
Iranian Energy Minister Reza Ardakanian highlighted the importance of the country’s closer cooperation with the Eurasian Economic Union (EAEU) and said the union provides a big opportunity to boost the Islamic Republic’s foreign trade.
 

Russia in No Hurry to Extend OPEC+ Deal

30 November 2019 Time: 18:13
Russian energy minister Alexander Novak said Friday it is too early to talk about extending the OPEC+ crude production agreement and the producer group should take a decision closer to April, the Prime news agency reported.
Transportation
 

Iranian Researchers Manufacture Plane, Drone Engine

3 December 2019 Time: 17:37
Iranian researchers manufactured fully home-made turbo jet engines used for small planes and drones.
 

Senior Iranian Aviation Official Downplays Impacts of US Sanctions

12 November 2019 Time: 17:53
A senior member of the presiding board of Iran Airports Company underscored that the US has failed in crippling Iran's air industry through pressures and sanctions.
 

Iran Air Increases Flights to Istanbul

2 November 2019 Time: 17:15
Iran’s flag carrier Iran Air, also known as ‘Homa’, has increased the number of weekly flights from Tehran to Istanbul in Turkey from four to seven, the Ministry of Roads and Urban Development's news service reported.
 

Tehran hosting bitumen, asphalt conference, exhibition

23 October 2019 Time: 20:21
Iran’s 11th National Bitumen, Asphalt and Machinery Conference and Exhibition kicked off in Tehran on Tuesday at the presence of the country’s Transport Minister Mohammad Eslami, the event’s portal reported.
 

Trucks Transit Over 9m Tons of Goods

21 October 2019 Time: 19:32
Iranian trucks transited 9.08 million tons of commodities through the country during the last Iranian year (March 2018-19) to register a 2.18% decline compared with the previous year, according to latest data released by the Road Maintenance and Transportation Organization of Iran, affiliated with the Ministry of Roads and Urban Development.
 

13% Rise in Road Transportation of Goods

7 October 2019 Time: 19:07
Iranian year (March 21-Sept. 22) to register a 13.33% and 0.66% growth in tonnage and number of trips respectively compared with the similar period of last year.
 

Iran to Launch New Shipping Line to Eastern Mediterranean

3 December 2019 Time: 17:09
Chief Executive of the Islamic Republic of Iran Shipping Lines Mohammad Reza Mohammadi Banaei said that the IRISL is planning to launch a new shipping line for the purpose of transporting general goods from Iran’s ports to Eastern Mediterranean Sea and vice versa.
 

Iran: US Sanctions Jeopardizing World’s Maritime Industry

30 November 2019 Time: 18:36
Chief Executive of Iran’s Ports and Maritime Organization (PMO) Mohammad Rastad blasted the US sanctions re-imposed against the Islamic Republic, and said that Washington’s behavior has endangered maritime industry in the world.
 

China’s October coking coal imports dive further

27 November 2019 Time: 18:33
China's coking coal imports fell further in October as tightened import restrictions on Australian coking coal discouraged such shipments, even as prices remained relatively lower.
 

Rio Tinto declares force majeure on aluminum shipments from Canada because of railway strike

28 November 2019 Time: 19:03
According to a Platts report Rio Tinto Aluminium issued a force majeure declaration on aluminium shipments out of Canada, caused by a weeklong strike which was affecting shipments via Canadian National Railways. The strike, which began on November 19 is likely to come to an end as a tentative agreement was signed between CN and the Teamsters union to end the strike amicably.
 

Iran to Open Key Railway on Monday

24 November 2019 Time: 15:30
Iranian President Hassan Rouhani is slated to officially open a major railroad in the Northwestern province of East Azerbaijan where the new link will significantly decrease the rail distance between Tehran and the provincial capital city of Tabriz.
 

China's steel output slows ahead of winter curbs

14 November 2019 Time: 19:40
China's crude steel output in October slipped to its lowest level since March at 81.52mn t, as narrowing profit margins slowed production slightly.
 

GECF: Gas Indispensable in Mitigating Climate Change

30 November 2019 Time: 18:11
Natural gas is an 'indispensable' part of the global energy mix needed to limit the impact of climate change and protect the environment, the Gas Exporting Countries' Forum (GECF) said Friday.
 

Iran to Open Key Railway on Monday

24 November 2019 Time: 15:30
Iranian President Hassan Rouhani is slated to officially open a major railroad in the Northwestern province of East Azerbaijan where the new link will significantly decrease the rail distance between Tehran and the provincial capital city of Tabriz.
 

REAL ALLOY Europe joins ASI as new Production & Transformation member

13 November 2019 Time: 18:46
REAL ALLOY Europe has joined Aluminium Stewardship Initiative (ASI) as a Production & Transformation member, bringing the total number of ASI members to 105.
Housing & Building
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Over 6,500 stone processing units operating across Iran

22 July 2019 Time: 21:04
Director General of Mineral Industries Office of the Ministry of Industry, Mining and Trade Seifollah Amiri said over 6500 stone processing units are currently active across the country, 500 of which are exporting to global markets.
 

The Essentiality of the Development of the Industry of Paper Production from Stones

10 June 2019 Time: 23:30
Me-Metals: The executor of the sodium carbonate paper production plan of Aligoodarz emphasized the need in the development of paper production industry from stones in the country.
 

Tile Production Exceeds 150m m2 in 5 Months

10 November 2019 Time: 17:16
Atotal of 158.45 million square meters of tiles were produced in Iran during the first five months of the current Iranian year (March 21- Aug. 22) to register an increase of 4.4% compared with last year’s corresponding period.
 

Iran's Trade With Turkmenistan Tops $300m

29 January 2019 Time: 15:55
Iran traded $312 million worth of commodities with Turkmenistan during the 10 months to Jan. 20, according to Iran's commercial attaché to Turkmenistan.
 

Iran, Iraq in Talks to Ink Currency Swap Deal: Official

18 November 2018 Time: 18:51
Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq said the two countries are in negotiations to finalize a currency swap agreement in a bid to boost trade ties between the two neighboring countries.
 

Plan for supplying nomadic households with mobile PV systems underway

14 October 2019 Time: 16:15
Iran’s Energy Ministry has started a plan for providing 25,000 nomadic households across the country with portable photovoltaic systems so that they could use electricity during migration.
 

Tehran Hosting 445 Int’l Companies of Printing, Packaging Industries

30 November 2019 Time: 18:49
Some 445 companies from 13 countries are showcasing their products and capabilities in the 26th International Exhibition of Printing, Packaging and Related Machinery in the Iranian capital city of Tehran.
 

Plan for supplying nomadic households with mobile PV systems underway

14 October 2019 Time: 16:15
Iran’s Energy Ministry has started a plan for providing 25,000 nomadic households across the country with portable photovoltaic systems so that they could use electricity during migration.
 

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 Island hosting intl. building industry exhibition

1 November 2019 Time: 22:42
The 15th International Civil and Building Industry Exhibition (Kish Buidex 2019) kicked off on Wednesday in Kish Island in southern Iran, IRNA reported.
 

Intl. building industry expo running in Isfahan

11 October 2019 Time: 15:32
The 22nd International Exhibition of Building Industry kicked off on Thursday at Isfahan International Fairground, in the central province of Isfahan.
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Tehran Hosting 445 Int’l Companies of Printing, Packaging Industries

30 November 2019 Time: 18:49
Some 445 companies from 13 countries are showcasing their products and capabilities in the 26th International Exhibition of Printing, Packaging and Related Machinery in the Iranian capital city of Tehran.
 

Registration for Gov’t-Funded Housing Project Postponed

4 November 2019 Time: 19:07
The registration for government-sponsored housing development project, the so-called "National Housing Initiative", has been postponed to Nov. 9 because of the public holiday on Nov. 6.
 

Kish Island hosting intl. building industry exhibition

1 November 2019 Time: 22:42
The 15th International Civil and Building Industry Exhibition (Kish Buidex 2019) kicked off on Wednesday in Kish Island in southern Iran, IRNA reported.
 

Tehran City’s real estate deals down 73% in a month on year

2 September 2019 Time: 17:12
The number of real estate deals in Tehran City fell 73.7 percent in the fifth Iranian calendar month of Mordad (July 23-August 22), compared to the same month in the past year, Tasnim news agency reported citing the data released by Ministry of Transport and Urban Development.
 

Govt. launches project to build 110,000 affordable housing units

27 August 2019 Time: 22:33
Iranian President Hassan Rouhani officially launched the government’s National Action Plan for Construction and Supply of Housing on Tuesday, inaugurating a project for constructing 110,000 affordable housing units.
 

Tehran City’s real estate deals down 64.6% in a month on year

29 July 2019 Time: 21:44
The number of real estate deals in Tehran City fell 64.6 percent in the fourth Iranian calendar month of Tir (June 22-July 22), compared to the same month in the past year, IRIB reported citing the data released by Central Bank of Iran (CBI).
 

Tehran, Damascus Ink MoU on Syria Reconstruction

27 November 2019 Time: 19:24
Iran and Syria signed a memorandum of understanding (MoU) to establish three joint companies in a bid to accelerate the reconstruction of the Arab country, which has been stricken by more than eight-and-a-half years of foreign-backed civil war.
 

Minister: Iran, Syria to Establish Joint Construction Company

26 November 2019 Time: 21:09
Syrian Minister of Public Works and Housing Suhail Mohammad Abdul Latif announced that Tehran and Damascus will set up a joint construction company, stressing that Iran has been prioritized for reconstruction of Syria.
 

Registration for Gov’t-Funded Housing Project Postponed

4 November 2019 Time: 19:07
The registration for government-sponsored housing development project, the so-called "National Housing Initiative", has been postponed to Nov. 9 because of the public holiday on Nov. 6.
Sciences
 

MIDHCO received the silver trophy of the sixth conference on Iranian Mines and Mining Industries Productivity Award

20 June 2019 Time: 13:53
Me-Metals – The ceremony of the sixth conference on Iranian Mines and Mining Industries Productivity Award was held with the motto “productivity as the foundation of competiveness in the national economy” on 27 Khordad, 1398 (17 June 2019) by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) at the Eram Hotel in Tehran, Iran.
 

MSC wins award for management of innovation and technology

17 April 2019 Time: 11:08
A 6th edition of Iran National Award for Management of Innovation and Technology (IRAMIT) has handed its award for management of innovation and technology to Mobarakeh Steel Company (MSC).
 

Mobarakeh teachers have their own educational center, jointly built by MSC

17 April 2019 Time: 11:00
An education-welfare center for teachers was launched in Mobarakeh on Benevolence Day (March 5), with the education minister in attendance.
 

CASE STUDY: Shapeways and ExOne

3 December 2019 Time: 18:24
The world’s leading 3D printing marketplace, Shapeways has printed more than 10 million parts and products since it was founded in 2007. Almost 10% of those parts have been stainless steel pieces printed on ExOne binder jet 3D printers.
 

A new status for the WA CLEAN technology, the ISO certification

2 December 2019 Time: 19:57
Since July 2019, the WA CLEAN technology has the official accreditation ISO/TR 22770, describing the usage of analytical colorimetry as a support tool for the visual evaluation of the surface preparation grades as described in ISO 8501-1 or in SSPC - VIS 1.
 

Iranian Telecom Giant Names New CEO

1 December 2019 Time: 18:18
During a ceremony held on Saturday, Mehdi Akhavan was introduced as the new CEO of Mobile Telecommunications Company of Iran.
 

Altair Launches All-In-One Industrial Design Solution

21 October 2019 Time: 18:32
Altair Inspire Studio enables designers, architects and digital artists to create, evaluate and visualize design ideas faster than ever before
 

Iran, Armenia to Broaden IT Cooperation

9 October 2019 Time: 19:26
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi in a meeting with his Armenian counterpart Hakob Arshakyan in Yerevan vowed to further develop bilateral relations.
 

BHP and Klaveness Digital partner to develop maritime platform to optimize supply chain

5 October 2019 Time: 21:08
BHP’s, (NYSE: BHP) Maritime and Supply Chain Excellence team and Klaveness Digital are working together to drive the development of new shipping and logistics platforms to improve the way the industry collaborates and shares scheduling and vessel information, BHP said in an emailed statement.
 

MSC Selected Asia’s 11th Most Admired Knowledge Enterprise

11 December 2017 Time: 21:34
Iran’s largest steelmaker, Mobarakeh Steel Company, has been selected as Asia’s 11th Most Admired Knowledge Enterprise in 2017.
 

University study confirms porphyry systems at Jaxon’s BC project

14 July 2019 Time: 17:45
Quartz tourmaline breccia has been identified as indicative of porphyry systems at Jaxon Mining’s (TSXV: JAX) Red Springs project in western Canada.
 

Amirkabir University to Launch Tech Complex

18 May 2019 Time: 14:31
Tehran-based Amirkabir University of Technology plans to launch a technology complex in collaboration with the state-owned Bank of Industry and Mine.
 

Sharif University Wins ICPC Bronze Medal

8 April 2019 Time: 16:31
A computer programming team from Tehran’s Sharif University of Technology won a bronze medal during the 43rd round of the International Collegiate Programming Contest (ICPC 2019). The contest was held in Portugal from March 31-April 5.
 

Iran, China Firm to Expand Cooperation on Knowledge-Based Economy

12 November 2019 Time: 17:11
Tehran and Beijing are resolute to broaden mutual cooperation in areas of knowledge-based economy as an Iranian delegation of knowledge-based companies is on a tour of China.
 

Iranian Delegation to Visit China’s Hi-Tech Fair

11 October 2019 Time: 18:57
An Iranian delegation is planning to visit China’s Hi-Tech Fair, also known as CHTF 2019, from Nov. 10-14 in Shenzhen to expand bilateral ties and collaborations with innovative and knowledge-based companies and startups in the host country.
 

Iran, Russia to Boost Cooperation on Vocational Training

25 August 2019 Time: 19:08
Iranian and Russian officials discussed avenues to increase mutual cooperation between the two countries in area of vocational training.
Scrap & Recycling
 

Alliance gets air permit for Arizona Al smelter

4 December 2019 Time: 17:09
Arizona has granted prospective secondary aluminum smelter Alliance Metals an air permit, paving the way for the next steps in the project that is expected to break ground in mid/late 2020.
 

Erdwich presents fully-automated Solution for Material Recovery

4 December 2019 Time: 16:39
Reprocessing is the first production step: Integration of shredding machines into foundry plants
 

EU HRC: Italian mills drive EU-wide increases

3 December 2019 Time: 16:36
More European hot-rolled coil (HRC) producers have lifted offers, but increases are expected to solidify after Christmas as most buyers have covered their requirements for January.
METALLURGY
 

Innovative modular system from HB Protective Wear for metallised heat protection

5 December 2019 Time: 16:47
One new product from the HB innovation workshop is the modular system for metallised heat protection. With the TEMPEX® TREME Heat System, users can select and combine the desired version from the equipment options and thus put together their work equipment individually. Two new materials and numerous features significantly increase wearing comfort.
 

Erdwich presents fully-automated Solution for Material Recovery

4 December 2019 Time: 16:39
Reprocessing is the first production step: Integration of shredding machines into foundry plants
 

A new status for the WA CLEAN technology, the ISO certification

2 December 2019 Time: 19:57
Since July 2019, the WA CLEAN technology has the official accreditation ISO/TR 22770, describing the usage of analytical colorimetry as a support tool for the visual evaluation of the surface preparation grades as described in ISO 8501-1 or in SSPC - VIS 1.
 

Primetals Technologies receives FAC for modernized DC twin electric arc furnace at Baosteel in Shanghai, China

6 October 2019 Time: 23:50
Primetals Technologies has received the final acceptance certificate (FAC) from China's Baoshan Iron & Steel Co. Ltd. (Baosteel) for the modernization of a more than 20 year old DC twin electric arc furnace at its Shanghai plant.
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

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.
 

OCP to expand operations in Brazil

22 November 2019 Time: 13:28
Moroccan-based OCP will expand its facilities in Brazil, building four more warehouses in the country.
 

India: No Bids Received in SAIL Pig Iron Auction

18 November 2019 Time: 19:09
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 6,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as entire offered quantity remained unsold.
 

Indonesia: Govt Imposes New Regulations on Scrap Import; Market Perplexed

18 November 2019 Time: 19:02
Indonesian government’s Ministry of Trade has decided to impose new regulations for import of ferrous scrap - among other waste products - to the country, from 23 Nov’19, SteelMint learned from sources.
 

Annealing Furnace Start at Tenaris Tamsa, Mexico

20 October 2019 Time: 23:30
Danieli Olivotto Ferrè successfully started up a Tube Roller Hearth Annealing furnace at Tenaris Tamsa, in Veracruz, part of one of the world’s largest manufacturers of steel pipe for the energy and automotive industries.
 

Fully automated slab handling for inventory management

15 October 2019 Time: 23:43
Ternium chose Danieli to supply an inventory management system and fully automatic handling equipment that will feed 4.1 Mtpy of slabs to a greenfield hot-strip mill at Pesqueria, Mexico.
 

Hertwich supplies aluminum multi-chamber melting furnace and continuous homogenization system to Exlabesa

12 October 2019 Time: 23:14
Exlabesa, Europe’s largest independent extruder expands the aluminum remelt capacity at its Padrón facility.
 

Tehran hosting 2 intl. expos

29 November 2019 Time: 10:16
Tehran Permanent International Fairgrounds is hosting the 16th edition of Iran’s international exhibition of metallurgy, dubbed IRAN METAFO 2019, and the 26th international exhibition of printing, packing and related machinery during November 29-December 2, IRNA reported.
 

Indian met coke imports hit multi-year low in September

6 November 2019 Time: 17:57
Indian imports of metallurgical coke fell to the lowest level in more than a year as the country's steel industry struggled, while mills that were still importing moved away from China for their supplies.
 

Pet Coke Import Offers Fall; Domestic Prices Remain Firm in India

9 November 2018 Time: 17:58
Import prices of petroleum coke have decreased substantially over the month, though India’s domestically produced pet coke prices have continued to remain unchanged from the rates that prevailed since the start of this month.
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