NEWS
 
IRON and STEEL
 

Metso announces updated Expertune PlantTriage software with advanced analysis tools and improved cybersecurity features

2 June 2018 Time: 02:32
Metso has announced a new version of its Metso Expertune PlantTriage control loop monitoring software. The newest version further improves process plant operational efficiency, reduces cybersecurity risks, and helps to improve profitability.
 

NLMK group, Russia, commissions SMS group to supply a thick slab caster

2 June 2018 Time: 02:24
NLMK Group has contracted SMS group to supply a new thick slab caster for its steel mill no. 2 in Lipetsk in Central Russia.
 

Quick commissioning of AOD converters following short revamp at Columbus, South Africa

2 June 2018 Time: 02:15
SMS group has successfully supplied and installed a torque retainer system for the two 100-ton AOD converters at Columbus Stainless (Pty) Ltd. in Middelburg, South Africa. Columbus Stainless is part of the Acerinox group of companies and is the only stainless steel plant on the African continent.
 

JSW Steel orders Meros and WGR system for existing sinter plant No. 4 at Vijayanagar plant

24 May 2018 Time: 14:13
Primetals Technologies has received an order from Indian steel producer JSW Steel to supply a Meros (Maximized Emission Reduction Of Sintering) off-gas cleaning system with WGR (Waste Gas Recirculation System) for its existing sinter plant No.4 at the Vijayanagar works in Karnataka State, India.
 

Primetals Technologies to modernize hot strip mill “HSM 2000” of Severstal in Cherepovets

24 May 2018 Time: 14:03
Primetals Technologies has received an order from Russian steel producer PAO Severstal to modernize the company´s hot strip mill “HSM 2000” in its Cherepovets steel works.
 

Advisory and maintenance services for technological equipment at Shaoguan I&S

24 May 2018 Time: 13:40
Chinese steelmaker Shaoguan, in Guangdong province, has operated for five years without any overhauling the breakdown mill and manipulator supplied by Danieli in 2012.
NON-FERROUS
 

At its Monheim site, APT group inaugurated 27-MN aluminum extrusion press from SMS group

2 June 2018 Time: 02:20
On March 14, 2018, APT Extrusions GmbH & Co. KG, domiciled at Monheim in Germany, inaugurated a new 27-MN front-loading press supplied by SMS group.
 

Alba relaunches ‘Code of Conduct’

20 May 2018 Time: 12:11
Aluminium Bahrain B.S.C. (Alba), one of the world’s leading aluminium producers demonstrated its dedication to strengthen sound corporate governance practices by relaunching its ‘Code of Conduct’ as well as its confidential reporting system ‘Integrity Line’ on 14 May 2018 at the Oasis Hall.
 

At its Monheim site, apt Group inaugurated 27-MN aluminum extrusion press from SMS group

11 May 2018 Time: 13:32
On March 14, 2018, apt Extrusions GmbH & Co. KG, domiciled at Monheim in Germany, inaugurated a new 27-MN front-loading press supplied by SMS group.
 

Constellium expands aluminum casthouse capacity in Dĕčín, Czech Republic, with Hertwich Engineering homogenizing furnace

14 April 2018 Time: 01:52
Constellium Extrusions Dĕčín s.r.o., Czech Republic, has placed an order with Hertwich Engineering, a company of SMS group, for a further continuous homogenizing plant including a helical ultrasonic testing station and billet saw for aluminum extrusion billets.
 

Alba Sales Volumes and Production Surge in the First Quarter of 2018

9 April 2018 Time: 01:17
Aluminum Bahrain B.S.C. (Alba) started 2018 with a record-breaking first quarter’s operational performance as Sales volume topped 251,637 metric tonnes (mt), up by 3.6% Year-over-Year (YoY), while Production stretched by 4.3% YoY to reach 259,399 mt.
 

Successful collaboration for reliable production

5 April 2018 Time: 14:18
Ten years of service agreement between Nedal Aluminium and SMS group
 

ABB to help double production capacity for copper concentrator in Kazakhstan

20 May 2018 Time: 12:32
ABB recently won an order to deliver a comprehensive process and power solution that will double the capacity of KAZ Minerals’ sulphide ore processing plant in Aktogay, Kazakhstan.
 

Vedanta says Indian copper smelter shutdown causing deficit, price rise

20 May 2018 Time: 12:21
Vedanta Resources Plc's shutdown of its South Indian copper smelter, one of India's biggest, is causing a copper deficit and increased prices in India.
 

Copper supply crunch earlier than predicted

11 April 2018 Time: 00:44
Copper demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th World’s Copper Conference being held this week in Santiago, Chile, said.
 

US copper stocks sprint to record high, reflecting transport costs, weak demand

23 February 2018 Time: 19:36
Record high stocks of copper in land-locked Arizona and Utah are a reflection of soaring transport costs in the United States and weak demand for the industrial metal produced in the Americas, copper industry sources say.
 

Copper, iron ore price jump sparks rally in mining stocks

15 February 2018 Time: 21:33
Mining and metals investors were piling into the sector's big names on Wednesday as gold jumped, base metals prices surged and iron ore continued to rally on optimism about global demand for raw materials ahead of a holiday week in top consumer China.
 

Copper Mine Urged to Cut Output Over Pollution Concerns

13 February 2018 Time: 21:54
An official with the Department of Environment has called on Sarcheshmeh Copper Complex to cut production until it addresses its emission issues.
 

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.
 

Iran’s Export Value in Mining Sector Rise

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

Meghan Markle’s wedding band made with Welsh gold from historic mine

20 May 2018 Time: 12:16
It’s the story of the weekend. Even if you don’t follow the Royals, you probably got a glimpse of Prince Harry and Meghan Markle’s wedding somewhere.
 

This is the only chart lithium price bears need see

18 April 2018 Time: 23:25
A month ago Morgan Stanley sent shares of lithium producers and explorers tumbling after the investment bank forecast growing surplus in the market starting as soon as now, resulting in forecast prices halving from today’s levels.
 

Canadian miner A-OK despite U.S. sanctions against Russian companies

11 April 2018 Time: 00:49
Canadian miner Kinross Gold issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.
 

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.
 

Private capital favours investing in copper over gold for first time

7 February 2018 Time: 01:17
Gold projects are no longer the favorite destination of private capital raised for investment in the mining sector as optimism about electric vehicle demand steer funds into battery metals.
 

Sandvik invests $25 million to boost use of metal 3D printing

7 February 2018 Time: 01:13
Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) is investing 200 million Swedish crowns (about $25 million) in a new titanium and nickel metal powder plant to strengthen its position in the metal 3D printing market.
 

Russia fears light fire under nickel price

18 April 2018 Time: 23:22
Nickel surged to a more than three-year high amid growing fears that Russia's Norilsk Nickel, top producer of the metal, could be the next victim of US sanctions against Russia that has already caused chaos on aluminum markets.
 

Iran Gov’t Proposes New Base Metal Pricing System at IME

9 April 2018 Time: 00:38
The government is intervening in the pricing of base metals in the local market, again.
 

South Korea's POSCO buys stake in Aussie lithium producer, signs supply deal

4 March 2018 Time: 17:41
POSCO, South Korea's largest steel producer, has inked a deal to buy up to 240,000 tonnes of lithium concentrate per year from Australia's Pilbara Minerals (ASX:PLS), securing this way a constant supply of the key material used in the making of electric vehicle batteries.
 

Will reflow batteries push vanadium prices higher?

24 February 2018 Time: 22:42
The recent construction of the 100MW battery in South Australia has shown that the era of mass energy storage has arrived.
 

Iran’s Mineral Output Crosses 280 Million Tons in 10 Months

13 February 2018 Time: 22:12
Major Iranian mining companies produced an aggregate of 287.45 million tons of ores and mineral products during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20), registering an 11.4% growth compared with last year’s corresponding period.
 

BMW mining deals imminent as cobalt price powers on – report

11 February 2018 Time: 20:06
Copper markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81,500 a tonne yesterday, a 147% surge since the beginning of 2017.
MINERALS
 

Congo billionaire seeks French loan to develop iron-ore railway

20 May 2018 Time: 12:36
Paul Obambi, a billionaire investor in the Congo Republic, is in talks with French lenders to fund a railway he’s building to export iron ore.
 

Chinese iron ore off 10-mth low on March output data

18 April 2018 Time: 23:36
China's iron ore futures recouped some losses after hitting a 10-month low on Tuesday as market sentiment was lifted by upbeat steel output data for March despite smog restrictions imposed by Beijing.
 

Iron ore giant says miners have shut gates on new supply

11 April 2018 Time: 00:53
Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group Ltd.
 

MIDHCO Subsidiaries to Issue $219m Worth of Sukuk

14 March 2018 Time: 22:27
Three of Middle East Mines Industries Development Holding Company’s subsidiaries plan to issue 10.6 trillion rials ($219.64 million) of Islamic bonds to finance their expansion projects, an official with Securities and Exchange Organization said
 

Iran Iron Ore Exports Jump 16% in February

10 March 2018 Time: 22:24
Iranian miners exported a total of 1.85 million tons of iron ore in February, recording a 16.1% growth compared to January shipments, market analyst, Keyvan Jafari Tehrani, said.
 

Iron ore price jumps to 10-month high

4 March 2018 Time: 17:35
Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter.
 

China utilities plan new coal import price index to curb volatility

11 April 2018 Time: 01:12
China's major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move the power firms hope will give them more control over how much they pay for their key raw material.
 

U.S. energy industry slams Trump's 'job-killing' steel tariffs

4 March 2018 Time: 17:55
The U.S. oil and gas industry on Thursday slammed President Donald Trump’s plan to impose tariffs on imported steel, saying the move would kill energy jobs by raising costs for big infrastructure projects.
 

For coal miners, it's time to exit or get rich

4 March 2018 Time: 17:49
It seems coal miners are adopting one of two disparate strategies, either exit the business in a highly visible way to buff up your climate credentials, or sit tight, keep as quiet as possible and rake in the cash.
 

Coal Concentrate Output Tops 510K

13 January 2018 Time: 01:36
Iran’s two major coal companies produced 510,054 tons of coal concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 25% growth year-on-year, the Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
 

Iranian Coal Potential Untapped

25 December 2017 Time: 00:17
The Iranian coal industry, long underutilized despite its massive potential, is capable of driving the mining sector, boost energy production and create the sorely-needed jobs envisioned in the Sixth Five-Year Development Plan (2017-22).
 

Trump’s Plan to Save Coal, Nuclear Plants in Trouble

11 December 2017 Time: 20:30
The administration of US President Donald Trump plans to keep coal and nuclear power plants running, but analysts are skeptical it will do enough to prevent more of the facilities from closing down.
 

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.
 

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.
 

British Mining Tech for Iran

24 February 2018 Time: 23:17
British mining and mineral processing technology company Alexander has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses.
 

Mining sector exports $9b in a year

19 April 2018 Time: 00:32
Iranian Deputy Industry Minister Mehdi Karbasian announced that during the past Iranian calendar Year 1396 (ended March 20, 2018) exports of domestic mining sector stood at $9 billion
 

Iran Mineral Output Rise

19 April 2018 Time: 00:21
Mineral production of most major Iranian mining companies increased during the last Iranian year (March 21, 2017_March20,2018).
 

Metso showcasing innovations for the mining industry at Expomin 2018 in Chile

18 April 2018 Time: 23:51
At the 15th Exhibition and World Congress for Latin American Mining, Expomin 2018, Metso will be presenting a variety of product Industry 4.0 applications and tailored solutions to improve process and resource efficiency while reducing operational costs in mining operations.
 

Quantum Minería wants to extract rare earth elements from groundwater

18 April 2018 Time: 23:31
Following the Castilla-La Mancha government's rejection of its rare earth project near the Campo de Montiel county in central Spain, Quantum Minería is now asking the Guadiana river Hydrographic Confederation for a permit to explore groundwater 200 metres deep, where the company believes there is monazite.
 

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.
 

Nova Scotia’s Mining Association applauds Government push for a Mineral Resources Development Fund

22 March 2018 Time: 12:48
“The Mineral Resources Development Fund is a smart, strategic investment in the future of our industry,” said Sean Kirby, Executive Director of MANS. “The provincial government has made a series of important policy decisions in recent years that are helping our industry grow and create jobs for Nova Scotians.
Auto
 

Electric vehicle rush fuels optimism at LME Asia Week

20 May 2018 Time: 12:30
Rising demand for battery materials cobalt and lithium infused some optimism into an otherwise cautious London Metal Exchange (LME) Asia Week, amid a backdrop of slowing growth in China and escalating trade tensions between it and the United States.
 

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.
 

IKCO Short-Term Strategy

18 April 2018 Time: 17:28
Iran Khodro is looking to expand its footprint in the new Iranian year which started in March by taking steps toward the optimization of the enterprise.
 

Tariff Cuts for Hybrid Cars

14 April 2018 Time: 01:24
Hybrid car import tariffs have been reduced in Iran after a long, heated fracas between the private sector and the Ministry of Industries. The government introduced an amended version of import rules in January as per which customs duties on hybrids were jacked up exorbitantly, but now the previous spike has receded.
 

IKCO to Produce 2 Sedan Models in Belarus

9 April 2018 Time: 00:34
Iran’s largest carmaker Iran Khodro and Belarusian firm Unison have forged a deal under which two sedan models, namely Dena and Dena+, are to be manufactured in Minsk.
 

Tesla Eases Cash Concerns With Promise of Model 3 Progress

5 April 2018 Time: 13:46
Tesla Inc. sees progress ahead for the mass-market sedan that keeps falling short of targets and said a capital raise will not be required this year, spurring a partial rebound for the electric-car maker’s battered shares and bonds.
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.
 

Following US Withdrawal From JCPOA: All Quiet on Tehran Stocks Front

11 May 2018 Time: 12:28
US President Donald Trump finally delivered on his campaign promise to pull out of the 2015 Iran nuclear deal on Tuesday night.
 

TEDPIX Ends Week at 97,150

5 April 2018 Time: 13:43
Tehran Stock Exchange’s main index gained 64.48 points or 0.07% to end Wednesday trade at 97,150.6.
 

IKCO Sells Majority Stake in Subsidiary

20 March 2018 Time: 10:04
Iran Khodro has sold a 50.2% stake worth 720 billion rials ($15 million) in Mashhad Wheel Manufacturing Company following a one-day delay in its offering.
 

Tejarat Bank to Sell Steel, Petrochem Shares

10 March 2018 Time: 22:50
Tejarat Bank is gearing up for block sales of three large-cap steel and petrochemical subsidiary companies listed at Tehran Stock Exchange on Feb. 10, TSE’s website reported on Tuesday.
 

TEDPIX Ends Week at 96,860

10 March 2018 Time: 22:48
Tehran Stock Exchange’s main index lost 130.70 points or 0.13% to end Wednesday trade at 96,860.3.
 

TEDPIX Ends Week at 97,961

3 March 2018 Time: 21:07
Tehran Stock Exchange’s main index lost 139.05 points or 0.14% to end Wednesday trade at 97,961.8.
 

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.
 

IMF sees Iran’s GDP growth at 4% in 2018

19 April 2018 Time: 00:30
The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.
 

Iran replaces dollar with euro in financial reporting

19 April 2018 Time: 00:27
The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements
 

Gold Coin Drops in Tehran After New Forex Measures

14 April 2018 Time: 01:32
When the Central Bank of Iran abruptly announced the unification of the US dollar's exchange rate from Tuesday, the gold market reacted swiftly and prices declined.
 

Seif: Unified USD Rate Not Fixed

14 April 2018 Time: 01:26
Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
 

Forex Bull Run Rages On

9 April 2018 Time: 00:07
Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
 

Central Bank: Iran PPI Inflation at 10.5%

5 April 2018 Time: 13:39
The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s corresponding period, the latest report of the Central Bank of Iran showed.
 

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.
 

Banking Cooperation Talks With Swiss Envoy

30 January 2018 Time: 12:17
The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country.
 

Upgraded Risk Rating to Boost Iran’s Int’l Standing

28 January 2018 Time: 21:24
The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets.
 

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.
 

Airport Traffic Declines 2%

11 May 2018 Time: 12:41
Iran Airports Company registered 36,842 takeoffs and landings during the Iranian month ending April 20, which shows a 2% decline compared with last year’s corresponding period.
 

Alphaliner Raises IRISL’s Global Ranking to 19th

5 April 2018 Time: 13:36
Islamic Republic of Iran Shipping Lines’ standing has improved from 21st to 19th in the latest global shipping monitor Alphaliner’s ranking of top 100 containership operators.
 

$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.
 

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.
 

Iran Air Seeks to Recruit More Female Pilots

10 March 2018 Time: 21:52
Iran’s flag carrier airline, Iran Air, has kicked off a drive to attract more female pilots.
GEOLOGY
 

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.
 

IMIDRO Introduces Newly Discovered mineral reserves

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

IMIDRO to Hold Exploration Conference

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

Recycle with Metso - Learn more about sustainable solutions for metal and waste recycling at IFAT 2018

11 May 2018 Time: 13:41
During IFAT 2018, the World's Leading Trade Fair for Environmental Technologies, Metso experts will share the most recent insights on how customers can improve process efficiency, reliability and safety with industry-leading metal and waste recycling solutions.
 

Fume treatment plant upgrading at ÓAM Ózdi Acélművek

11 May 2018 Time: 13:13
Danieli new high-efficiency fume capture and filtration plant for easy maintenance and long service life
 

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.
 

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.
 

‘Iran Green Trade Fair’ Next Week

9 April 2018 Time: 00:30
The third edition of ‘Iran Green Trade Fair’, also known as IGTF 2018, is scheduled to open on April 19.
 

Copper Mine Urged to Cut Output Over Pollution Concerns

13 February 2018 Time: 21:54
An official with the Department of Environment has called on Sarcheshmeh Copper Complex to cut production until it addresses its emission issues.
ENERGY
 

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.
 

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.
 

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.
 

NIDC, OIEC Sign MoU on Energy Cooperation

20 March 2018 Time: 10:24
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.
 

NIOC to Sign IPC Deal With Domestic Firm

20 March 2018 Time: 10:19
In line with policies to help expand domestic companies' scope of exploration and production operations, the National Iranian Oil Company will finalize an agreement with Pasargad Energy Development Company to develop two oilfields, namely Jofeir and Sepehr in Khuzestan Province, within the framework of Iran Petroleum Contracts, the country's new model of contracts for oil and gas projects.
 

Iran Has No Plan to Increase Oil Production in Next 12 Months

20 March 2018 Time: 10:16
Iran does not intend to increase crude output in the next fiscal year that starts on March 21, the National Iranian Oil Company’s managing director said on late Friday.
 

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.
 

NIDC, OIEC Sign MoU on Energy Cooperation

20 March 2018 Time: 10:24
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.
 

NDFI to Get 32% of Oil, Gas Money

18 February 2018 Time: 21:58
Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law.
 

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.
 

NIOC Adds 1 More Name to Conduct Susangerd Oilfield Studies

9 February 2018 Time: 02:21
Pars Petro Zagros Engineering and Services Company has signed a memorandum of understanding with the National Iranian Oil Company to conduct studies on an onshore oilfield in Khuzestan Province.
 

Oil Tanker Traffic Sets Record in Iran's Asalouyeh Port

9 February 2018 Time: 02:15
A new monthly record on oil tanker traffic in South Pars in Asalouyeh, Bushehr Province, has been registered, which shows a sharp rise in the volume of gas condensate trade.
 

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.
 

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.
 

Petrochemical Company Sells $88m of Securities on IRENEX

30 January 2018 Time: 12:05
Bandar Imam Petrochemical Company started selling 4 trillion rials ($88 million) worth of standard parallel salaf contracts for liquefied petroleum gas on Iran Energy Exchange on Monday.
 

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.
 

Desalination Curbs Water Scarcity in Coastal Regions

2 December 2017 Time: 13:25
A considerable amount of potable water in northern and southern coastal towns is provided by water desalination units, the deputy head of the National Water and Wastewater Engineering Company said.
 

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).
 

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.
 

Tehran Power Grid Wastage Declines to 3.2%

18 February 2018 Time: 22:16
In line with efforts to minimize blackouts in the capital, wastage in Tehran's electricity grid has been cut from 9.3% to 3.2% in four years, the chief executive officer of Tehran Province Electricity Distribution Company said.
 

Electricity PPI Falls 3.43%

13 February 2018 Time: 22:22
The average Producer Price Index for electricity in the 12-month period ending Dec. 21, 2017, which marks the end of fall, declined by 3.43% compared with the same period of last year and 2.52% compared to the same announcement in summer, the Statistical Center of Iran reported.
 

Iran Plans to Expand Regional Electricity Exchange

20 January 2018 Time: 16:24
As per the Sixth Five-Year Economic Development Plan (2017-22), Iran Power Generation, Distribution and Transmission Company (aka Tavanir) has been obliged to boost the country's electricity trade with its neighbors on northwestern, western and eastern borders, a deputy manager of the company said.
 

Installed Power Capacity Up 1% in Three Months

25 December 2017 Time: 00:50
Close to 800 megawatts of new electricity generation capacity were added to the national grid over the last three months, an increase of nearly 1% in the country's 77,000-MW installed capacity, the head of Iran’s Thermal Power Plants Holding Company said.
 

Iran Power Export to Pakistan Up 5%

11 December 2017 Time: 20:46
Iran's electricity supply to Pakistan increased by around 5% in fiscal 2016-17 (ended on March 20) compared to the previous fiscal.
 

US Nuclear Deal Pullout Bitter Blow to European Businesses

11 May 2018 Time: 12:47
US President Donald Trump’s decision to exit the Iran nuclear deal and reinstate sanctions could cost some of Europe’s biggest companies billions.
 

Following US Withdrawal From JCPOA: All Quiet on Tehran Stocks Front

11 May 2018 Time: 12:28
US President Donald Trump finally delivered on his campaign promise to pull out of the 2015 Iran nuclear deal on Tuesday night.
 

Exiting JCPOA will evoke unpleasant reaction for US: Zarif

19 April 2018 Time: 00:39
Iranian Foreign Minister Mohammad Javad Zarif has said that Tehran's reaction will be unpleasant for the US if it decides to ditch the Joint Comprehensive Plan of Action (JCPOA.)
 

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.
 

Seif: Banking Relations a Far Cry From Before JCPOA

10 March 2018 Time: 22:55
The governor of the Central Bank of Iran said on Monday Iran’s banking relationship with the outside world is incomparable with what it was before the nuclear deal was reached between Iran and world powers, which is formally known as the Joint Comprehensive Plan of Action.
 

Bushehr Nuclear Plant Output at 27m kWh

5 February 2018 Time: 22:05
Bushehr Nuclear Power Plant's first unit in southern Iran has generated 27.5 million kilowatt-hours of electricity since it went on stream in 2011.
 

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.
 

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.
 

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.
 

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.
 

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.
 

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.
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’.
 

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.
 

Building Permits Surge Nationwide

15 January 2018 Time: 01:58
The latest report released by the Statistical Center of Iran on Saturday shows residential construction permits issued this summer have increased both in Tehran and across the country.
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"
 

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.
 

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.
 

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

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

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.
 

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
 

Great Opportunity in Recycling Investment

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

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

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

The Discreet Charm of Gas for Iranian Steel

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

Scrap Iron Scarcity Ironic

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

Experts Call for Modernizing Metal Recycling

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

Thousands of Ships Being Scrapped

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

Ahead Complete Global a Motto Is Being Lived!

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

KA Shui International Holdings Ltd. at a glance

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

FOCUS OF PRESTIGE IN METALLURGY INDUSTRY

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

TALEX casthouse in ABU DHABI - Successful Start of Operation

10 June 2016
Hertwich Engineering supplies on turnkey basis
 

METAFOUND 2016

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

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

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

German Molding Machine Co. Picks New Iran Agent

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

AMB Iran Success Lines Up 2017 Event

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

Extrugasa orders another extrusion press from Danieli Breda

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

Tehran Hosts Alu-Tech Partnership Seminar

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

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

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

Mercury Casting Contracts BuhlerPrince to Expand HPDC

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

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.
 

Optimized cost per ton with Metso Alloy Hammers for Metso shredders

20 May 2018 Time: 11:48
The hammers used in shredder lines represent a key factor in plant efficiency. Metso has developed a new hammer series, Metso Alloy Hammer, with the goal of extending the lifetime of these tools.
 

Metso increases production capacity in India to meet the market demand for aggregates equipment

5 April 2018 Time: 14:26
Metso is addressing the growing demand for crushing and screening plants in the Indian market by expanding its production capabilities in Alwar. This latest investment increases Metso's crushing and screening plant production capacity in India by 35 percent.
 

Metso to showcase innovative technologies for the aggregates industry at the Mawev exhibition in Austria

10 March 2018 Time: 23:42
During the 2018 Mawev exhibition in St. Pölten, Austria on March 14-17, Metso will present a variety of innovative technologies for the aggregates industry.
 

New LD(BOF) converter from Primetals Technologies enters service at ArcelorMittal Hochfeld

13 February 2018 Time: 22:57
At the end of January, a new LD(BOF) converter constructed by Primetals Technologies in a turnkey project entered service at the German steel producer ArcelorMittal Hochfeld GmbH. It has a tapping weight of 150 metric tons and replaces the previous "K2" converter.
 

New, efficient assembly line for track-mounted crushing plants starts up at Metso's Tampere factory

31 January 2018 Time: 00:02
Metso is addressing the growing demand for mobile track-mounted crushing plants by commissioning a new, faster assembly line at the Tampere factory.The assembly of a 50-tonne, track-mounted crushing plant now takes two working days. The serial production line operates in two shifts and increases Metso's mobile crushing plant production capacity by 25 percent.
 

3rd DRI Plant Equipped with PERERD Technology Comes on Stream in Neiriz

28 January 2018 Time: 02:56
Mohammad Shaariatmadari, Industry, Mine and Trade Minister, Mehdi Karbasian, Chairman of the board of IMIDRO and Esmaeil Tabar, Fars Governor, attended the inauguration ceremony.
 

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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