NEWS
IRON and STEEL
 

Indian pellet prices fall further in China

14 November 2018 Time: 23:25
Indian iron ore pellet prices have fallen by around 7.5pc so far this month to around $125/dry metric tonne (dmt) cfr China, hit by a drop in demand in the wake of less stringent environmental restrictions imposed on mills.
 

EU HRC: First 2019 automotive deals done as rollovers

14 November 2018 Time: 23:07
Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
 

POSCO Achieves Sales of 1 Million Tons of Thick Plates to EEW Group

14 November 2018 Time: 01:55
On October 2, POSCO held a ceremony at the headquarters of EEW Group in Germany to celebrate the sales of one million tons of thick plates to EEW Group and delivered an appreciation plaque to commemorate the occasion.
 

Acciaieria Arvedi issues final acceptance certificate for electric arc furnace from Primetals Technologies

14 November 2018 Time: 01:51
Acciaieria Arvedi S.p.A., an Italian steel producer, has issued Primetals Technologies the final acceptance certificate for a new electric arc furnace.
 

Primetals Technologies supplies EAF Quantum electric arc furnace and ladle furnace to Langxi County Hongtai

14 November 2018 Time: 01:45
Primetals Technologies has received an order from Chinese steel producer Langxi County Hongtai Steel Co., Ltd.
 

First spooled bar coils for Japan and USA

14 November 2018 Time: 01:41
Topy Industries Limited and Commercial Metals Company have now become the first Japanese and USA rebar producer to step ahead in the field of hot rolled compact coils
NON-FERROUS
 

U.S. Exempts South African Mills from Steel and Aluminium Tariffs

9 November 2018 Time: 20:48
As per the latest updates, U.S. has exempted some of the South African (SA) steel and aluminium producers from the steep tariffs imposed under section 232.
 

E-MAX and Technical Service of SMS group prolong service contract

7 November 2018 Time: 22:10
ALUMINIUM 2018, the leading trade show for the aluminum industry took place in Düsseldorf from 9 to 11 October. In addition to discussing the big topics of the future at the SMS group booth, representatives of SMS group’s Technical Service also presented its service concept for extrusion press operators.
 

FATA's ECO_Rec Sand Regeneration System in Bulgaria

30 October 2018 Time: 18:35
FATA’s fully automated Eco-Rec Sand Regeneration System can save significant sums on operating costs.
 

JW to further upgrade South Carolina Al plant

29 October 2018 Time: 23:35
US rolling mill JW Aluminum will spend $8.4mn to upgrade equipment at its Goose Creek, South Carolina, facility for handling 84-inch coil to be produced by other additions set to come online later.
 

ABI aluminum smelter talks break off

8 October 2018 Time: 22:28
The steelworkers union has broken off talks with the management of the Alcoa and Rio-Tinto-owned ABI primary aluminum smelter in Quebec.
 

LIVE FUTURES REPORT 05/10: LME Al price continues climb on market tightness; other base metals hit by stronger dollar

5 October 2018 Time: 14:49
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Friday October 5, with aluminium bucking the trend.
 

Antofagasta goes ahead with $1.3B expansion of Los Pelambres mine

15 November 2018 Time: 18:11
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.
 

Outotec to design a copper smelter in Indonesia

14 November 2018 Time: 01:59
Outotec has signed a contract for the Front-End Engineering Design (FEED) of a new copper smelter to be located at Benete Bay in Sumbawa, Indonesia.
 

Top copper miner's output slump adds to worry on metal shortfall

10 November 2018 Time: 11:40
A tight copper market may be set to get a lot tighter, if a report this week from the world’s biggest miner of the metal is any indication.
 

Cobalt prices could rally 30% by mid-2019

9 November 2018 Time: 11:19
Since hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.
 

Poland ready to widen cooperation with Iran's mining sector

8 November 2018 Time: 11:48
Poland's Ministry of Entrepreneurship and Technology voiced its willingness to broaden cooperation with Iran's mining and industry sector, and said cooperation between the two countries is on the right track.
 

Aurubis orders new Peirce-Smith converters from SMS group

7 November 2018 Time: 22:03
Hamburg-based Aurubis AG is to take delivery of new converters, which will be supplied by SMS group and used to produce blister copper, an important stage in the copper production process.
 

Nakhlak Lead Concentrate Processing Plant Inaugurated

8 September 2018 Time: 14:24
Nakhlak lead concentrate processing plant was inaugurated by chairman of the board of IMIDRO.
 

Zinc price will vault $4,000 within months – report

28 January 2018 Time: 01:35
Zinc pulled back on Wednesday to below $3,400 a tonne, but stayed within shouting distance of the best levels since August 2007 as worries about global stocks of the metal, mainly used in galvanizing steel, continue to support prices.
 

Nakhlak Lead Concentrate Tops 2,000 Tons

15 January 2018 Time: 02:10
Nakhlak Mineral Complex produced 2,019 tons of lead concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 7% increase compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
 

Lundin Mining awards contract to Metso for Somincor Zinc Expansion Project at Neves-Corvo mine in Portugal

25 December 2017 Time: 01:32
With the Zinc Expansion Project, Lundin Mining expects to expand production from the existing mining areas and from the deeper, higher-grade zinc deposit Lombador Phase 2.
 

Outotec to deliver Zinc Electrowinning technology to ZGH Boleslaw in Poland

2 December 2017 Time: 13:53
Outotec has been awarded a contract by ZGH Boleslaw for the delivery of electrowinning technology to a zinc plant modernization in Bukowno, Poland.
 

Angouran Mine Sets Extraction Record

20 November 2017 Time: 11:46
Angouran Lead and Zinc Mine set a new monthly record by extracting 105,000 tons of minerals during the seventh month of the current fiscal year (Sept. 23-Oct. 22), managing director of the mine, Mansour Shabani, said.
 

Paulson & Co keeps stake in gold investments during Q3 -filing

15 November 2018 Time: 18:20
Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal.
 

Outotec to design a copper smelter in Indonesia

14 November 2018 Time: 01:59
Outotec has signed a contract for the Front-End Engineering Design (FEED) of a new copper smelter to be located at Benete Bay in Sumbawa, Indonesia.
 

Torex sets record gold and mine production in Q3

9 November 2018 Time: 10:59
Torex Gold (TSX: TXG; US-OTC: TORXF) set a new record for gold production in 2018’s third quarter.
 

Copper, gold mines now likely cheaper to construct than to buy-research

5 November 2018 Time: 23:18
The cost of building a copper or gold mine is likely to be cheaper than buying an existing one, dampening the prospect of big merger activity in the mining sector, S&P Global Market Intelligence said, citing in-house research.
 

CSR: EcoVadis Gold level for the 6th consecutive year

28 October 2018 Time: 22:29
In 2018, Fives confirmed its position in the category of Gold supplier and is again among the top 1% of the companies best rated by EcoVadis, a rating platform of corporate, social and environmental policies (CSR).
 

Protesters force Aura Minerals to suspend operations in Honduras

28 October 2018 Time: 22:07
In recent days, mid-tier gold and copper miner Aura Minerals (TSX:ORA) decided to suspend operations at its San Andrés mine in Honduras due to what the miner calls ‘an illegal occupation of the mine’ that has been intensifying since July 13, 2018.
 

EV growth to boost nickel consumption: Norlisk

9 November 2018 Time: 12:20
Rapid growth in electric vehicle (EV) production and an increasing market share of high-nickel-content battery cathode materials will boost nickel demand in the long term, according to Russian producer Norilsk Nickel's regional analyst Dmitry Zamula.
 

Albermarle gets environmental nod for lithium plant

9 November 2018 Time: 12:09
US-based lithium and speciality chemicals producer Albermarle has received environmental approval for the development of a lithium hydroxide plant near Bunbury in the southwest of Western Australia (WA).
 

Cobalt prices could rally 30% by mid-2019

9 November 2018 Time: 11:19
Since hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.
 

Toshiba aims to expand EV battery business

8 November 2018 Time: 20:38
Japanese electronics firm Toshiba is planning to expand its share of the global battery market, tapping the growing shift to electronic vehicles (EVs) from vehicles running on fossil fuels.
 

Australia's Core increases Finniss lithium resource

6 November 2018 Time: 11:35
Australia-based metals developer Core Exploration has increased the size of its Finniss lithium project in the Northern Territory (NT) to 5mn t grading 1.5pc lithium oxide, confirming its status as one of Australia's highest grade undeveloped lithium projects.
 

China’s Fengyuan builds Li-ion cathode plants

26 October 2018 Time: 15:49
Chinese chemicals producer Shandong Fengyuan Chemical is making progress in building production plants for lithium iron phosphate (LFP) cathode material and nickel-cobalt-manganese (NCM) battery cathode material.
MINERALS
 

Vale holds talks to expand world's biggest open-pit iron mine

15 November 2018 Time: 18:31
Vale SA is holding talks with Brazilian officials about expanding the world’s largest open pit iron-ore mine to meet growing Chinese demand for the high-grade ore.
 

Indian pellet prices fall further in China

14 November 2018 Time: 23:25
Indian iron ore pellet prices have fallen by around 7.5pc so far this month to around $125/dry metric tonne (dmt) cfr China, hit by a drop in demand in the wake of less stringent environmental restrictions imposed on mills.
 

Iran: Iron Ore Exports to India Jump Three Fold in Oct'18

11 November 2018 Time: 02:29
According to the data maintained by SteelMint, Iran has exported 1.67 MnT iron ore via bulk shipments in the seventh month of Iranian year (during 23rd Sep- 22nd Oct'18).
 

Metso to deliver comminution solutions to NLMK Group in Russia

10 November 2018 Time: 00:23
Metso will deliver three grinding lines including spare parts and supervision to NLMK Group's Stoilensky GOK iron ore production plant in southern Russia.
 

China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil's Vale

7 November 2018 Time: 18:27
State-owned metals and mineral trading firm China Minmetals signed a 20 million tonne iron ore purchase agreement with Brazilian mining giant Vale on Tuesday.
 

Essar Steel: Iron Ore Sourcing Up 10% in Sept'18

7 November 2018 Time: 14:34
Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded increase in total iron ore & pellet sourcing for the month of Sep'18. The sourcing stood at 0.88 MnT in Sep'18, up 10% M-o-M as against 0.81 MnT in Aug'18.
 

Colonial Coal floats PEA for Gordon Creek mine

15 November 2018 Time: 18:48
Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.
 

NZ gov't plans to re-enter doomed Pike River mine to recover remains

15 November 2018 Time: 18:40
New Zealand's government said on Wednesday it was planning to re-enter the shuttered Pike River coal mine to try to recover the remains of 29 men who died there eight years ago in one of the country's worse industrial disasters.
 

IEA: Gas to Overtake Coal by 2030

14 November 2018 Time: 13:46
Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday.
 

Indonesia's Jan-Aug Coal Exports Climb 12.24% Y-o-Y, August Exports Drop M-o-M

11 November 2018 Time: 02:24
Overseas coal shipments from Indonesia, one of the world's largest exporters of thermal coal, rose by 12.24% to 281.03 MnT in January to August this year, from 250.4 MnT in the same period last year, data from the country's central bank, Bank Indonesia shows.
 

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.
 

Australia state to roll out new mine rehabilitation rules

9 November 2018 Time: 11:33
Australia's Queensland state is set to unveil proposed resource regulations next week that will require miners to pay into an "insurance fund" for the remediation of old mines.
 

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.
 

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.
 

Danieli Automation HiPAC implementation at Dongjixing Machinery Co. Ltd, China

7 November 2018 Time: 21:04
Only 7 days to replace and improve the cold reversing mill automation process control
 

Outotec outsourced some project engineering activities to Citec

18 April 2018 Time: 23:56
Outotec has finalized the negotiations with employee representatives announced on October 26, 2017 to outsource its German-based project engineering function to Citec. As a result of the negotiations, 59 Outotec employees have transferred to Citec as of April 1, 2018.
 

BHP beats Tesla, BMW among top holdings in new electric vehicle ETF

18 April 2018 Time: 23:29
The accelerating adoption of electric vehicles and energy storage technologies has been attracting new investors into the mining industry as demand for battery materials spike.
 

Metso signs landmark mining services agreement in Brazil

22 March 2018 Time: 12:22
Metso has signed a significant service agreement including refurbishment services for screening equipment used in mining applications, related spare parts and support.
 

Alexander Mining signs technical partnership deal with Turkish firm

14 March 2018 Time: 22:20
UK-based Alexander Mining has signed a commercial and technical partnership agreement with Turkish firm Proses Mühendislik, Danışmanlık, İnşaat ve Tasarım.
 

German scientists to build machine that speeds up urban mining processes

24 February 2018 Time: 23:29
Scientists at the Fraunhofer Institute for Laser Technology ILT in Aachen, Germany, want to build a machine that is able to disassemble two mobile phones in one minute and remove its components to, later on, extract metals from them.
 

Colonial Coal floats PEA for Gordon Creek mine

15 November 2018 Time: 18:48
Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.
 

NZ gov't plans to re-enter doomed Pike River mine to recover remains

15 November 2018 Time: 18:40
New Zealand's government said on Wednesday it was planning to re-enter the shuttered Pike River coal mine to try to recover the remains of 29 men who died there eight years ago in one of the country's worse industrial disasters.
 

Vale holds talks to expand world's biggest open-pit iron mine

15 November 2018 Time: 18:31
Vale SA is holding talks with Brazilian officials about expanding the world’s largest open pit iron-ore mine to meet growing Chinese demand for the high-grade ore.
 

Antofagasta goes ahead with $1.3B expansion of Los Pelambres mine

15 November 2018 Time: 18:11
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.
 

Top copper miner's output slump adds to worry on metal shortfall

10 November 2018 Time: 11:40
A tight copper market may be set to get a lot tighter, if a report this week from the world’s biggest miner of the metal is any indication.
 

Australia state to roll out new mine rehabilitation rules

9 November 2018 Time: 11:33
Australia's Queensland state is set to unveil proposed resource regulations next week that will require miners to pay into an "insurance fund" for the remediation of old mines.
Auto
 

EU HRC: First 2019 automotive deals done as rollovers

14 November 2018 Time: 23:07
Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
 

New Measure to Curb Smog in Downtown Tehran

14 November 2018 Time: 14:45
In the latest move to curb air pollution in Tehran Province, dilapidated vehicles and motorbikes will be barred from Eslamshahr County in the southwest.
 

Iran International Auto Parts Exhibition Opens

14 November 2018 Time: 14:33
The 13th Iran International Auto Parts Exhibition opened on Monday in Tehran.Held at Tehran International Fairground, this year’s event brings together 191 foreign and 526 local automotive firms.
 

EV growth to boost nickel consumption: Norlisk

9 November 2018 Time: 12:20
Rapid growth in electric vehicle (EV) production and an increasing market share of high-nickel-content battery cathode materials will boost nickel demand in the long term, according to Russian producer Norilsk Nickel's regional analyst Dmitry Zamula.
 

Toshiba aims to expand EV battery business

8 November 2018 Time: 20:38
Japanese electronics firm Toshiba is planning to expand its share of the global battery market, tapping the growing shift to electronic vehicles (EVs) from vehicles running on fossil fuels.
 

US light vehicle sales at peak rate in October

2 November 2018 Time: 23:07
US sales of light trucks and automobiles edged up to a seasonally adjusted annual rate of 17.5mn units in October, the highest rate of the year, led by increased auto sales.
ECONOMY
 

IME Plans to Trade in Domestic Iron Ore Pellet, Concentrate

3 March 2018 Time: 21:15
Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad said on Monday.
 

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.
 

Buckeye sells assets as Caribbean struggles: Update

2 November 2018 Time: 22:50
Buckeye Partners will sell some US pipelines and terminals and its interest in the Vitol-backed marine terminal businesses VTTI as its Caribbean segregated storage operations struggled.
 

PdV pays 2020 bond debt tied to Citgo

29 October 2018 Time: 23:09
Venezuelan state-owned PdV paid $949mn in principal and interest on a 2020 bond, the only one of its debt issuances that is not in default, financial sector executives told Argus.
 

MIDHCO Stock Market Growth Potential 2019-20

12 October 2018 Time: 11:19
Tehran Stock Exchange's main index, TEDPIX, has posted a return on investment of 31% from early September until the end of last week. The rapid growth has been particularly spectacular in the metals and minerals group.
 

Oil product futures rally short-lived as market weighs impact of New Brunswick refinery explosion

8 October 2018 Time: 21:27
An explosion at Irving Oil's Saint John refinery in New Brunswick failed to buoy markets, and last week's price correction extended into US midmorning trading on Monday.
 

NYMEX Nov natural gas futures slide to $3.149/MMBtu on offsetting heating and cooling demand

5 October 2018 Time: 21:26
NYMEX November natural gas futures contract weakened in morning trading Friday, on offsetting movements in heating and cooling demand.
 

LIVE FUTURES REPORT 05/10: LME Al price continues climb on market tightness; other base metals hit by stronger dollar

5 October 2018 Time: 14:49
Base metals prices on the London Metal Exchange were mostly lower during morning trading on Friday October 5, with aluminium bucking the trend.
 

Life Insurance in Iran Underdeveloped

25 November 2017 Time: 12:27
The share of life insurance in the overall portfolio of the Iranian insurance industry is meager, a fact that a board member of Middle East Insurance Company, which specializes in life insurance, ascribes to the lack of an insurance culture in the country.
 

Insurers Assessing Iran Quake Losses

20 November 2017 Time: 11:55
Iranian insurance companies have started evaluating the losses caused by the recent massive earthquake that shook the western Kermanshah Province near the Iraqi border and processing payment of compensations.
 

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
 

Half of Industrial Units Operating Above 50% Capacity

23 January 2018 Time: 14:24
Minister of Industries, Mining and Trade Mohammad Shariatmadari said only half of Iran’s active industrial units are operating above 50% of their capacity.
 

Baghdad to Host Iranian Expo in February

7 January 2018 Time: 21:34
Iran’s Exclusive Commercial and Industrial Exhibition is scheduled to be held in Baghdad’s International Exhibition Center from Feb. 12 to 15, Iran’s commercial attaché to Iraq announced.
 

Iran-Brazil Chamber of Commerce Convenes

11 December 2017 Time: 23:03
The Iran-Brazil Chamber of Commerce hosted a visiting delegation from the Brazilian Trade and Investment Promotion Agency, also known as Apex-Brasil.
 

Swiss Factory Output Up

25 November 2017 Time: 12:50
Switzerland’s industrial production and turnover increased notably in the third quarter, the federal statistical office reported Friday, RTTNews reported.
 

Second session of the assembly held in Iran, Belgium, Luxemburg Chamber of Commerce & Industry

23 November 2017 Time: 14:29
Dr. Mohsen Ghaderi became the Chairman of the Board in second session of the assembly, dated November 2017, at 15:00 held in Iran, Belgium, Luxemburg Chamber of Commerce & Industry.
 

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.
 

SWIFT Unlinks Iran's Central Bank

14 November 2018 Time: 14:12
Deputy secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported.
 

South Korea, Iran to Trade in Local Currencies

10 November 2018 Time: 10:44
South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.
 

Iran, S. Korea Agree to Conduct Bilateral Trade in Korean Currency

8 November 2018 Time: 11:23
Iran and South Korea reached an agreement to use South Korean national currency (won) in bilateral trade to bypass the US sanctions.
 

SWIFT Says Suspending Some Iranian Banks' Access to Messaging System

7 November 2018 Time: 10:48
The Belgium-based SWIFT financial messaging service said it is suspending some unspecified Iranian banks’ access to its messaging system following the US resumption of sanctions on Iran.
 

CBI Chief Announces Iran’s Special Measures to Counter US Sanctions

7 November 2018 Time: 10:33
Governor of the Central Bank of Iran Abdonnaser Hemmati explained about the CBI’s measures to counter the new round of US sanctions imposed on the Islamic Republic.
 

CBI: Iran's YOY Inflation at 36.9% - (Oct 2018)

28 October 2018 Time: 18:55
The goods and services Consumer Price Index for urban areas for the Iranian month Mehr, ending Oct. 22, increased by 36.9% compared with the similar month of last year.
 

JSW Steel’s Plans to Invest in U.S. and India amid Steel Sector Revival

11 November 2018 Time: 02:22
According to the latest reports, Indian steel major, JSW Steel is all set to invest USD 150 million (amounting INR 1,000 crore) in the first phase to set up a new steel facility in Texas, U.S.
 

China Financing $5B in Iran Mine and Mining Industries Sector

16 August 2018 Time: 01:31
Iran mine and mining industries sector has attracted $5 billion of China’s $20billion finance in Iran concurrently with President Rouhani’s visit to China, Chairman of the board of IMIDRO announced in 9th International Infrastructure Investment and Construction Forum.
 

Private capital flowing into mining on track for record year

11 April 2018 Time: 01:16
Those worried that the positive momentum in the mining and metals sector is beginning to wane after two years of strong gains may find encouragement from a new survey by private capital tracker Preqin.
 

Qatari Port Authority in Iran to Expand Relations

11 April 2018 Time: 00:34
A delegation of high-ranking officials from Qatar’s Ministry of Transport and Communications as well as Qatar Ports Management Company arrived in Tehran on Monday to survey avenues of expanding cooperation and increasing bilateral trade with their Iranian counterparts.
 

China Leads Worldwide Renewable Investment With $126b

9 April 2018 Time: 01:04
China invested a total of $126.6 billion in renewable energy in 2017, the highest figure ever and accounting for 45% of global green energy investment, the "Global Trends in Renewable Energy Investment 2018" report showed.
 

Foreign Investment Trickles Into Iran’s Capital Market

10 March 2018 Time: 22:41
Total capitalization of Iran's capital market, including equity and fixed-income, is currently standing at around $130 billion.
 

Iran Railroad Expansion: Accomplishments, Grand Plans

18 April 2018 Time: 17:13
In the last few years, Iran has demonstrated its strong political will to reemerge as a regional transportation hub.
 

Narrowing Budget Deficit Ups Development Spending by 70%

11 April 2018 Time: 00:29
Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of the year before.
 

$41m in Securities Sold to Finance Iran's Rail Project

20 March 2018 Time: 09:59
The Economy Ministry sold 2 trillion rials ($41.6 million) of Islamic bonds on Iran Fara Bourse on Sunday to finance the establishment of a railroad connecting three major cities.
 

Chinese Company to Supply 630 Cars for Tehran Subway

14 March 2018 Time: 22:45
China Railway Rolling Stock Corporation Changchun Railway Company (CRRC CRC) and Tehran Wagon Company have won the tender to build and supply 630 cars for Tehran’s Subway on Wednesday.
 

Hot Mix Asphalt Plant Established in Qazvin

14 March 2018 Time: 22:42
A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing Director of Qazvin Roads and Urban Development Organization Masoud Haqlotfi said.
 

China Steps Up Rail Cooperation With Iran

10 March 2018 Time: 22:30
In line with its ambitious railroad expansion plans stipulated in Iran's Sixth Five-Year Development Plan (2017-22), the Iranian government is strengthening its cooperation with China.
 

First US LNG Cargo Arrives in China After Tariffs Enacted

14 November 2018 Time: 13:52
Aliquefied natural gas cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on US imports, shipping data from Refinitiv Eikon showed on Monday.
 

Iran Rail Exports via Incheh Borun Border Jump 81%

11 November 2018 Time: 17:14
Some 21,500 tons of non-oil commodities have been exported via rail through Incheh Borun border terminal located in the northeastern Golestan Province since the beginning of the current Iranian year on March 21, registering an 81% hike compared with the similar period of last year, a local rail official said last week.
 

Tehran to Host European Experts in Logistics Forum

10 November 2018 Time: 10:50
The Logistics and Inter-Modal Transportation Educational Forum is scheduled to be held in Tehran on November 12-13.
 

Baffinland Iron Mines sets 5 million tonne shipping record

9 November 2018 Time: 11:06
Baffinland Iron Mines Corporation today announced the results of its 2018 shipping program. From July 24 to October 17, Baffinland shipped approximately 5.1million tonnes of iron ore from its Milne Inlet Port to markets in Europe, the United Kingdom, Taiwan, and Japan.
 

Iran Air Has No Problem in Supplying Aircraft Fuel: CEO

8 November 2018 Time: 10:26
CEO of Iran Air Farzaneh Sharafbafi said the national flag-carrier airline has no problem in supplying fuel to its aviation fleet despite recent US sanctions against the Islamic Republic.
 

US products railed 'round Mexico's mountains

5 November 2018 Time: 22:54
Investors are scrambling to meet Mexico's thirst for refined products by rail, which offers a faster solution than pipelines and coastal terminals that are years from fruition.
GEOLOGY
 

3D visualization to ramp up speed, accuracy on drilling projects

7 November 2018 Time: 11:21
Seequent, a developer of visual data science software and IMDEX, specializing in subsurface intelligence solutions, today announced an partnership to deliver a real-time 3D visualisation solution for the mining and exploration industry, aimed to improve the speed and accuracy of decision-making for drilling projects.
 

Voyager 2 Leaving Solar System

8 October 2018 Time: 14:45
Voyager 2, the spacecraft, launched in 1977, is approaching the edge of the solar system, according to a NASA statement.
 

30% Rise in Mineral Exploration Licences

11 December 2017 Time: 19:32
The Ministry of Industries, Mining and Trade issued 475 Mineral Exploration licences in the first six months of the current fiscal year (March 21-Sept. 22), indicating a 30.5% growth compared with last year’s similar period.
 

IMIDRO Announced Location of 15 Exploration Blocks

11 December 2017 Time: 19:30
IMIDRO announced location of 15 exploration blocks in order to assist applicants to be more familiar with these zones.
 

IMIDRO Calls for Attracting Investors to Participate in 15 Exploratory Blocks

11 December 2017 Time: 19:26
IMIDRO intends to attract private sector investors for participating in exploration and utilization of 15 exploratory blocks in Abadeh-Jazmourian Area.
 

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.
ENVIRONMENT
 

New compact centrifuge: Process water cleaning for low sludge loads

10 November 2018 Time: 11:13
The new compact centrifuge is not only the optimum alternative for settlement tanks, but it also allows cleaning process liquids requiring an extremely low residual content of solid particles in the cleaned process liquid. Thus, it helps reduce operating costs and protects the environment.
 

China’s Hebei Province Gets Tough on Steel Mills to Meet Low Emissions Targets

4 October 2018 Time: 21:37
According to the latest reports, China’s largest steel producing province, Hebei will force its mills to comply with strict new emission standards by 2020 as a part of its anti-pollution campaign, according to newly published industry guidelines.
 

Indian Government Lifts Ban on Pet Coke Imports for Graphite Electrode Industry

4 October 2018 Time: 21:34
Bringing cheers to India’s graphite electrode industry, Indian government has allowed imports of pet coke, used for fuel purpose by graphite electrode industry, said an official notification from DGFT (Directorate General of Foreign Trade).
 

Is China’s Tangshan City Prepared to Meet New Emission Standard Deadline of 31 Oct’18?

22 September 2018 Time: 21:53
China is fighting hard to deal with the rising level of air pollution from coal and steel producing units. After carrying out stringent production cuts and closure of polluting coal and steel units across the country over past two years, various cities in China has also set out their plans for the coming years to have a cleaner environment.
 

Shell Sets Ambitious Methane Emission Target

21 September 2018 Time: 23:10
Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.
 

Trump vows to open Minnesota's Superior National Forest to mines

30 June 2018 Time: 04:05
President Donald Trump vowed to open large swaths of lands in Minnesota’s remote Superior National Forest to mining, a move that could benefit a copper-nickel mine being pursued by Antofagasta Plc subsidiary Twin Metals Minnesota LLC.
ENERGY
 

IEA: Shale Oil Not Here to Stay

15 November 2018 Time: 13:19
US shale may be the darling of the oil industry now, but the boom is not going to last, according to the International Energy Agency.
 

Mahathir Discounts OPEC Clout

14 November 2018 Time: 14:05
The Organization of the Petroleum Exporting Countries hasn't been effective in stabilizing oil prices, which have been more dependent on US shale production than the actions of the intergovernmental group, said Malaysian Prime Minister Mahathir Mohammad.
 

OPEC Trying to Maintain Oil Market Balance, Not Please Donald Trump

14 November 2018 Time: 13:40
OPEC will not respond to US pressure to lower oil prices but will seek to maintain a balanced market, UAE energy minister Suhail al-Mazrouei said Tuesday, after President Donald Trump warned the organization on Twitter not to cut crude oil production.
 

Brent, WTI Prices Jump 2%

13 November 2018 Time: 23:12
Oil prices jumped more than 1.5 % on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019.
 

Japan Energy Company May Resume Iranian Oil Import in December

13 November 2018 Time: 22:41
JXTG Holdings, Japan’s biggest oil refinery operator, is considering whether to resume Iranian oil purchases after Japan was granted a waiver from US sanctions targeting Iran, Senior Vice President Yasushi Onoda said.
 

Opec JMMC committee mulls cuts on demand concerns

11 November 2018 Time: 18:36
Rising global oil supplies, a weaker outlook for global oil demand growth, and a recent $15/bl decline in oil prices have combined to make a compelling argument for the Opec and non-Opec Joint Ministerial Monitoring Committee (JMMC) to recommend a return to production restraints in 2019.
 

Iraq Wants More Time to Find Alternative to Iranian Gas

15 November 2018 Time: 13:09
Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraqi government officials said on Wednesday.
 

First US LNG Cargo Arrives in China After Tariffs Enacted

14 November 2018 Time: 13:52
Aliquefied natural gas cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on US imports, shipping data from Refinitiv Eikon showed on Monday.
 

IEA: Gas to Overtake Coal by 2030

14 November 2018 Time: 13:46
Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday.
 

Nord Stream Payments Blocked by Swiss Injunction

13 November 2018 Time: 23:16
Gazprom said a Swiss court has issued an injunction blocking payments from the operators of the Nord Stream gas pipeline as part of a legal dispute between the Russian gas producer and Ukraine’s Naftogaz.
 

China Overtakes Japan as Top Natural Gas Importer

11 November 2018 Time: 16:19
China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas infrastructure grow, according to an analysis by S&P Global Platts.
 

Mild winter could buy ISO-NE time on supply woes

8 November 2018 Time: 20:29
Some early forecasts show a mild winter in the US northeast, which could give electric grid operator ISO-New England more time to seek fixes for its fuel security and capacity issues.
 

Venezuela refinery runs shrink to 25pc: PdV data

2 October 2018 Time: 19:46
Venezuelan state-owned PdV utilized less than a quarter of the nameplate processing capacity at its main oil refineries in July, reflecting a shrinking pool of domestic feedstock and chronic equipment breakdowns.
 

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.
 

Albermarle gets environmental nod for lithium plant

9 November 2018 Time: 12:09
US-based lithium and speciality chemicals producer Albermarle has received environmental approval for the development of a lithium hydroxide plant near Bunbury in the southwest of Western Australia (WA).
 

Siemens to supply industrial gas turbines for co-generation project in Alberta, Canada

11 April 2018 Time: 00:58
Siemens Canada has received an order from Inter Pipeline Ltd ("Inter Pipeline") to supply two industrial gas turbine generators for a Central Utilities Block (CUB) which is part of its Heartland Petrochemical Complex currently under construction in Alberta's Industrial Heartland near Fort Saskatchewan.
 

KRNPC Achieves Production Breakthrough

9 April 2018 Time: 01:07
Karoun Petrochemical Company (KRNPC) in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has produced a modified version of methylenediphenyl diisocyanate.
 

ICCIM Highlights Petrochem Export Potential

13 February 2018 Time: 22:26
The completion of value chain in the petrochemical industry, which calls for developing the downstream sector, will further increase revenues from exports, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture said on Monday.
 

Karoun Oil, Gas Company Boosts Output

9 February 2018 Time: 02:26
In lines with efforts to boost output in Karoun Oil and Gas Production Company, operations to drill a series of developmental and repair wells have been completed successfully in the last 10 months, managing director of Karoun Oil and Gas Production Company said.
 

Aramco IPO Stalled by Indecision Over Listing Venue

31 January 2018 Time: 23:39
Indecision over where to list the shares of the world's largest energy company is reportedly playing a major role in holding up what is expected to be the biggest-ever initial public offering.
 

Chile greenlights Latin America’s largest desalination plant

27 September 2018 Time: 21:10
The ENAPAC project is meant to serve mainly the mining industry, which is very active in Chile’s dry, but copper and lithium-rich north.
 

Imports of Water-Intensive Crops Can Help Battle Water Crisis in Iran

5 April 2018 Time: 14:04
By importing part of the domestic demand for wheat and rice, Iran can use the vital resource as potable water and for more economically beneficial activities, amid worsening water woes in the country, the rapporteur of the Majlis Energy Commission said.
 

Renewables Save Water

5 March 2018 Time: 11:16
Close to 1.8 billion kilowatt hours of electricity have been generated from renewable sources since June 2009.
 

100 Water, Wastewater Plans to Come on Stream

5 February 2018 Time: 22:08
In the current week marking the 39th anniversary of the Islamic Revolution, 100 water and wastewater plans in urban and rural areas worth over 100 trillion rials ($2.1 billion) will come on stream, the energy minister said.
 

Work Begins on New Water, Power Projects Nationwide

31 January 2018 Time: 23:30
Energy Minister Reza Ardakanian on Tuesday inaugurated a power plant project in the town of Parand near Tehran and broke ground on several water supply and electricity generation ventures, stretching from northeastern to central and western Iran, via videoconference.
 

Syndicate Loan for Biggest Water Transfer Project

29 December 2017 Time: 22:57
A banking syndicate is being created with the specific goal of financing the biggest water transfer project in the country that will take water from the Persian Gulf to the provinces of Hormozgan, Kerman and Yazd, says the head of the Majlis Economic Commission.
 

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).
 

Mild winter could buy ISO-NE time on supply woes

8 November 2018 Time: 20:29
Some early forecasts show a mild winter in the US northeast, which could give electric grid operator ISO-New England more time to seek fixes for its fuel security and capacity issues.
 

Iranian Envoy, Iraqi Minister Discuss Bilateral Ties

8 November 2018 Time: 10:39
Iran’s Ambassador to Iraq Iraj Masjedi and Iraqi Electricity Minister Luay al-Khateeb held talks on a range of issues, including ways to boost bilateral relations between the two neighboring countries in various areas.
 

Ecuador eyes Colombia’s power market, LNG imports

6 November 2018 Time: 11:50
Ecuador is seeking to revive its power sector with new hydroelectric and LNG-to-power projects that would shore up a plan to participate in the neighboring Colombian market where a major hydro project, EPM´s 2.4GW HidroItuango, has derailed. Gonzalo Uquillas, chief executive of Ecuador's state-owned power utility Celec, spoke to Argus about the country´s plans. Edited highlights follow.
 

Iran’s MAPNA Inks Deal with Syria to Build Power Plant in Latakia

2 October 2018 Time: 22:53
Iranian holding company MAPNA Group signed an agreement with the Syrian government to construct a combined-cycle power plant with a capacity to produce 540 megawatts (MW) of electricity in the Arab country’s western province of Latakia.
 

South Africa's Eskom has coal shortages at 10 power plants – spokesman

18 September 2018 Time: 02:49
South African power utility Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.
 

Nuclear Power Output in Bushehr Hits Record

14 April 2018 Time: 01:39
Bushehr Nuclear Power Plant in the southern namesake city generated 7.4 billion kilowatt-hours of electricity in the past fiscal that ended on March 20, the head of the power plant said.
 

EU Wants Austria to Defy Trump by Hosting Special Purpose Vehicle

15 November 2018 Time: 17:59
European Union countries want to defy US President Donald Trump and keep funds flowing to Iran to save the nuclear agreement -- just as long as it doesn’t happen in their backyard.
 

Iran Abiding by JCPOA Terms, IAEA Says in New Report

14 November 2018 Time: 15:19
Iran has been abiding by the terms of the 2015 nuclear deal between Tehran and world powers, the latest report from the UN atomic watchdog indicated Monday, days after fresh US sanctions hit the country.
 

Iran Highly Experienced in Countering Sanctions: Economy Minister

11 November 2018 Time: 18:25
Iran’s economy minister highlighted the ineffectiveness of the US sanctions recently re-imposed on the Islamic Republic and said the country has become highly experienced in circumventing the economic embargoes.
 

Iran fulfilling commitments under JCPOA: IAEA Chief

10 November 2018 Time: 11:04
Yukia Amano, the head of the International Atomic Energy Agency (IAEA), said Iran is honoring its nuclear-related commitments under the 2015 nuclear deal between Tehran and world powers.
 

EU Reiterates Commitment to Iran Nuclear Deal

9 November 2018 Time: 10:52
The European Union announced on Tuesday that it will remain committed to Iran nuclear agreement as long as Tehran complies with the deal.
 

Iranian Envoy, Russian Deputy FM Discuss JCPOA, New US Sanctions

9 November 2018 Time: 10:47
Iran's Ambassador to Moscow Mehdi Sanaei and Russian Deputy Foreign Minister Sergei Ryabkov held talks on a range of issues, including the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) and the new round of US sanctions against Iran.
 

Iran Invites Germans to Work in Renewable Energy Industry

14 November 2018 Time: 15:04
Iran’s Energy Minister Reza Ardekanian unveiled plans for a major boost to the country’s power generating capacity from renewable energy, inviting German companies to engage in this effort.
 

IEA: Bioenergy Leads Growth in Renewable Consumption

9 October 2018 Time: 20:26
Bioenergy from liquid biofuels and biogas will lead growth in renewable energy consumption to 2023, due to its rising use in the heating and transport sectors, according to the International Energy Agency.
 

419 Hectares of Greenhouses Renovated

18 April 2018 Time: 17:25
A total of 419 hectares of greenhouses were renovated and upgraded in Iran during the last fiscal year (ended March 20, 2018) at a total cost of 640 billion rials ($15.24 million), the head of the Greenhouses, Medicinal Plants and Edible Mushroom Affairs Bureau with the Ministry of Agriculture said.
 

Isfahan Building First Floating Solar Farm

14 April 2018 Time: 01:43
The construction operation of Iran’s first floating solar farm in Shahid Mohammad Montazeri Power Plant in Isfahan Province started on Tuesday.
 

China Leads Worldwide Renewable Investment With $126b

9 April 2018 Time: 01:04
China invested a total of $126.6 billion in renewable energy in 2017, the highest figure ever and accounting for 45% of global green energy investment, the "Global Trends in Renewable Energy Investment 2018" report showed.
 

NIDC, OIEC Sign MoU on Energy Cooperation

14 March 2018 Time: 22:50
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, signed a memorandum of understanding on Monday with the Oil Industries Engineering and Construction Company to cooperate in oil and gas development 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.
 

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).
 

Iranians Capable of Producing 80 Percent of Oil Equipment

18 April 2018 Time: 20:47
Domestic manufacturers are capable of providing technical services and producing 80% of advanced oil equipment to develop downstream and midstream projects that will be tendered by the Oil Ministry soon, the head of the Society of Iranian Petroleum Industries Equipment Manufacturers said.
 

Metso's valves service center in Turkey relocates to be closer to the customers

4 March 2018 Time: 01:09
Metso's valves service center in Turkey has relocated to Söke in the Aegean region to be close to important customer hubs. The new location and larger facilities strengthen Metso's presence and ensure better service availability for customers in an area that has lacked a service center of this volume.
 

Microsoft Invests in Singapore Renewables

3 March 2018 Time: 21:19
Following in Apple's footsteps, Microsoft has purchased 100% of the renewable output from Sunseap Group's new 60-megawatt solar project and will use it to power datacenter operations in Singapore.
 

Plan to Upgrade SP Power Station

15 January 2018 Time: 02:24
Upgrading the South Pars Gas Field’s central power plant to the combined-cycle system has been planned, which can use both gas and steam to generate electricity, the director of production at Pars Oil and Gas Company 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.
 

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.
 

Tata Steel Announces New Technology that can Reduce Carbon Emissions by 50 Percent - SteelVia

21 September 2018 Time: 01:55
The latest technology developed at Tata Steel Europe's Ijmuiden site in the Netherlands promises to reduce carbon emissions like never before
 

Isfahan Building First Floating Solar Farm

14 April 2018 Time: 01:43
The construction operation of Iran’s first floating solar farm in Shahid Mohammad Montazeri Power Plant in Isfahan Province started on Tuesday.
 

Lukoil Expects to Sign Oil Deals With Iran

14 April 2018 Time: 01:41
Lukoil expects to sign contracts with Iran in 3-4 months to develop the country's oilfields, the head of Lukoil, Russia's oil-producing giant, Vagit Alekperov, announced.
 

One of world's dirtiest oil sources wants to go green

11 April 2018 Time: 01:02
One of the most aggressive campaigns to fight global warming is happening in a Canadian province. There’s just one problem: the same place is also home to some of the dirtiest oil in the world.
 

KRNPC Achieves Production Breakthrough

9 April 2018 Time: 01:07
Karoun Petrochemical Company (KRNPC) in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has produced a modified version of methylenediphenyl diisocyanate.
 

Iran Gasoline Import to Halve in Summer

9 April 2018 Time: 01:01
Gasoline import will decrease by 50% in the summer (June 22 to Sept. 22), the head of National Iranian Oil Products Distribution Company said.
Building Materials
 

IDRO to Invest $18 Million in Stone Paper Factory Construction

28 January 2018 Time: 21:03
The Industrial Development and Renovation Organization of Iran will be investing in the construction of a stone paper factory in the city of Kharameh in the southwestern Fars Province with a production capacity of 20,000 tons per year.
 

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’.
 

FATA's ECO_Rec Sand Regeneration System in Bulgaria

30 October 2018 Time: 18:35
FATA’s fully automated Eco-Rec Sand Regeneration System can save significant sums on operating costs.
 

BMI Bonds to Boost Housing Affordability

11 April 2018 Time: 00:31
Bank Melli Iran, the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Fara Iran Bourse.
 

Hot Mix Asphalt Plant Established in Qazvin

14 March 2018 Time: 22:42
A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing Director of Qazvin Roads and Urban Development Organization Masoud Haqlotfi said.
 

Deutsche Messe Expands to Iran

10 March 2018 Time: 21:48
Deutsche Messe brings its woodworking industry expertise to Iran.
 

Maskan to Tap Capital, Leasing Markets

30 January 2018 Time: 12:21
Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal year (starting March 21) to finance the ailing sector as it struggles to come out of the stagnating waters.
 

Ministry Forecasts Stable Housing Outlook

20 January 2018 Time: 15:57
The Iranian housing sector is witnessing a notable increase in residential deals in a sign of imminent recovery, but a deputy roads and urban development minister said this will not translate into higher prices.
Sciences
 

Google Releases iPhone Hacking Tool

16 December 2017 Time: 12:02
Google released a tool that allows security researchers, and other developers, to hack into iOS 11.1.2, software that could lead to a jailbreak for devices running that OS version.
 

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"
 

Cashless Payment Service Rolling Out in Kish Island

14 November 2018 Time: 14:25
The ICT company FANAP is rolling out a cashless payment service in Kish Island off the Persian Gulf that makes use of QR Codes and NFC payment systems.
 

Aid for Iranian Nano-Tech Researchers

8 October 2018 Time: 17:31
Many young researchers cannot afford the high cost of getting the results of their works published on globally recognized scientific journals like Elsevier or Nature. To provide researchers in need of help in getting published in such journals, Iran Nanotechnology Initiative Council has allocated 10 billion rials
 

Samsung Launches S9 Presale in Iran

4 March 2018 Time: 17:29
Samsung’s representative in Iran started the presale of its latest flagship handset Galaxy S9 series in the country on Feb. 29.
 

Telecommunication Company of Iran Relents, Agrees to Share Infrastructure With ISPs

5 February 2018 Time: 20:45
Telecommunication Company of Iran has signed two agreements with local Internet service providers Shatel and HiWeb according to which the state-owned company will share its networks with the two private firms.
 

Nokia, DoCoMo Sign 1st 5G Deal

20 January 2018 Time: 16:03
Finland’s Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country’s mobile subscribers.
 

Snowden’s App Turns Phones Into Security Systems

27 December 2017 Time: 00:41
One of the world’s most well-known activists against digital surveillance has released what’s intended to be a cheap, mobile, and flexible version of a physical security system.
 

Telecommunication Company of Iran Relents, Agrees to Share Infrastructure With ISPs

5 February 2018 Time: 20:45
Telecommunication Company of Iran has signed two agreements with local Internet service providers Shatel and HiWeb according to which the state-owned company will share its networks with the two private firms.
 

Nokia, DoCoMo Sign 1st 5G Deal

20 January 2018 Time: 16:03
Finland’s Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country’s mobile subscribers.
 

Samsung, Huawei Dominate 83% of Iran Android Phone Market

15 January 2018 Time: 01:50
Iran’s largest Android app market, Café Bazaar, has released a report that indicates that 83% of its users have Samsung or Huawei handsets. The company has 35 million users.
 

Snowden’s App Turns Phones Into Security Systems

27 December 2017 Time: 00:41
One of the world’s most well-known activists against digital surveillance has released what’s intended to be a cheap, mobile, and flexible version of a physical security system.
 

Mobile Communication Company of Iran Launches WiFi Calling

25 December 2017 Time: 00:30
Local mobile operator Mobile Communication Company of Iran is now offering WiFi calling services.
 

Google Releases iPhone Hacking Tool

16 December 2017 Time: 12:02
Google released a tool that allows security researchers, and other developers, to hack into iOS 11.1.2, software that could lead to a jailbreak for devices running that OS version.
 

One more step towards Industry 4.0

13 January 2017
Danieli Automation acquires Telerobot Labs
 

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.
 

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.
 

ICT Minister: Iran Determined to Develop Communication Cooperation with CIS States

10 October 2018 Time: 19:14
Iran's Communication and Information Technology Minister Mohammad Javad Azari Jahromi announced that the country is willing to broaden cooperation with the Commonwealth of Independent States (CIS) in the field of communication.
 

MSC contributes to construction of first vocational school of Shahr-e Majlesi

4 October 2018 Time: 22:25
A vocational school whose construction was partly funded by Mobarakeh Steel Company (MSC) was inaugurated in Shahr-e Majlesi during Government Week.
 

Samsung Launches S9 Presale in Iran

4 March 2018 Time: 17:29
Samsung’s representative in Iran started the presale of its latest flagship handset Galaxy S9 series in the country on Feb. 29.
 

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
 

South Korea: Ferrous Scrap Imports Marginally Down in Q3 2018

11 November 2018 Time: 02:14
Scrap imports from US jump three fold and from Japan fall 14% in Q3'2018.
 

Turkey Scrap Importer Books US Cargo

9 November 2018 Time: 20:44
Imported scrap market in Turkey observed fresh deal from USA with steel mills actively look for December and end-November shipments. However, participants maintained outlook of imported scrap prices bullish.
 

Russian Ferrous Scrap Exports Down 21% in August on Falling Turkish Imports

9 November 2018 Time: 18:12
After imposition of ban on scrap exports since 21st July, major importers like Turkey and South Korea observed 41% and 58% fall in scrap imports from Russia in August
 

Bangladesh: Imported Scrap Market Observes Limited Trades

9 November 2018 Time: 17:49
SteelMint learned in recent conversations with industry participants that imported scrap market in Bangladesh has observed improving buying interest as compared to earlier weeks.
 

Turkey: Scrap Importers Book 3 Cargoes; Prices Inch Up

8 November 2018 Time: 22:12
Scrap importers in Turkey booked 3 more bulk scrap cargoes in last couple of days.
 

PSC 3Q profit flat amid higher scrap prices, volumes

8 November 2018 Time: 20:12
Ohio-based recycler PSC Metals posted a $1mn profit in the third quarter, flat with the prior year despite higher average selling prices and ferrous scrap shipments.
METALLURGY
 

ExOne On the way to “Casting 4.0”

6 November 2018 Time: 11:28
Christenguss AG already generates complex sand casting molds in the 3D printing process.
 

Tenbloc ® in Elkem’s portfolio

6 November 2018 Time: 11:19
Tenbloc® is a unique in the mould inoculant block which provides consistent, reliable and cost-effective inoculation for ductile and grey irons. This assists foundries to produce castings with improved metallurgical structures and mechanical properties.
 

10th VDI Conference "Casting Technology in Engine Construction 2019"

30 October 2018 Time: 19:00
We are celebrating an anniversary - will you join us? Over the years, the VDI symposium "Casting Technology in Engine Construction" has become the most important forum for foundries and engine builders in German-speaking countries
 

MPR INVESTS AND STREGTHENS ITS PRESENCE IN USA, MEXICO & CHINA

26 October 2018 Time: 20:28
Over 70% of the production and turnover of Meccanica Pi.Erre (MPR) has a final destination in the foreign market, throughout Europe and beyond.
 

Senior Official: Iran Able to Manufacture Aircraft Engines

10 October 2018 Time: 19:33
A senior Iranian official announced that the country has grown home-made capabilities to produce advanced engines for different aircraft.
 

Airbus Helicopters to start large-scale printing of A350 XWB components

9 October 2018 Time: 21:24
Airbus Helicopters has officially launched the production of latch shafts for the doors of A350 XWB passenger aircraft using 3D manufacturing.
 

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
 

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.
 

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.
 

Acciaieria Arvedi issues final acceptance certificate for electric arc furnace from Primetals Technologies

14 November 2018 Time: 01:51
Acciaieria Arvedi S.p.A., an Italian steel producer, has issued Primetals Technologies the final acceptance certificate for a new electric arc furnace.
 

Primetals Technologies supplies EAF Quantum electric arc furnace and ladle furnace to Langxi County Hongtai

14 November 2018 Time: 01:45
Primetals Technologies has received an order from Chinese steel producer Langxi County Hongtai Steel Co., Ltd.
 

Metso to deliver comminution solutions to NLMK Group in Russia

10 November 2018 Time: 00:23
Metso will deliver three grinding lines including spare parts and supervision to NLMK Group's Stoilensky GOK iron ore production plant in southern Russia.
 

Better quality casting through Danieli technological packages

7 November 2018 Time: 21:58
Huaigang is renewing its confidence in Danieli casting technology with a revamping for CCM#2 billet caster at Huai’an, Jiangsu Province.
 

Top slab quality and reliability at voestalpine Stahl

7 November 2018 Time: 21:54
Austrian leader releases FAC for CC8 caster supplied by Danieli
 

Danieli Kohler to supply more X-JET Air Knives in China

7 November 2018 Time: 20:58
Tangshan Donggang selects Danieli Air Wiping Equipment to compete in white goods market
 

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.
 

Metallurgy exceeds expectations and should generate $350 million in business

28 September 2018 Time: 11:47
The atmosphere of satisfaction was general among the 120 expositor brands of Metallurgy 2018 - Fair and International Congress of Technology for Foundry, Steel, Forging, Aluminum and Services [Feira e Congresso Internacional de Tecnologia para Fundição, Siderurgia, Forjaria, Alumínio e Serviços], held from September 18 to 21, in Joinville, SC.
 

IN - Tata Motors closes gap with Mahindra for 3rd biggest PV maker in India

24 September 2018 Time: 21:24
Tata Motors is narrowing the gap with homegrown rival Mahindra & Mahindra (M&M) to challenge the position of third biggest passenger vehicle maker in India by sales.
 

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
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