NEWS
IRON and STEEL
 

Primetals Technologies supplies additional continuous slab caster to the new HBIS Laoting plant

29 January 2019 Time: 18:47
Chinese steel producer HBIS Laoting Steel Co. Ltd. has ordered a new two-strand continuous slab caster from Primetals Technologies.
 

Shougang Jingtang orders continuous pickling line for UHSS grades from Primetals Technologies

29 January 2019 Time: 18:44
Chinese steel producer Shougang Jingtang United Iron & Steel Co., Ltd. (Shougang Jingtang) has placed an order for a continuous pickling line (CPL) with Primetals Technologies.
 

AOD converter modernized by Primetals Technologies started up at Outokumpu in Tornio, Finland

29 January 2019 Time: 18:41
In December 2018, the no. 1 AOD converter modernized by Primetals Technologies was started up at the Tornio works of Outokumpu Stainless Oy, a Finnish stainless-steel producer.
 

Chengdu Changfeng orders EAF Quantum electric arc furnace and ladle furnace from Primetals Technologies

29 January 2019 Time: 18:37
Chinese steel producer Chengdu Changfeng Steel Group Co., Ltd. (Chengdu Changfeng) placed an order with Primetals Technologies to supply an EAF Quantum electric arc furnace and a ladle furnace for its plant in Dujiayan city, Sichuan Province.
 

World record: Ultra-thin hot rolled strip with a thickness of 0.6 millimeters produced on Arvedi ESP line supplied by Primetals Technologies

29 January 2019 Time: 18:30
In October 2018, an Arvedi ESP (Endless Strip Production) line installed in a plant belonging to the Chinese steel producer Rizhao Steel Group Co., Ltd (Rizhao) produced ultra-thin hot strip with a thickness of just 0.6 millimeters for the very first time.
 

Impressive startup for the cold tandem mill at Yildiz Lar, Turkey

29 January 2019 Time: 18:25
After the startup of the pickling, galvanizing, batch annealing lines and temper mill, Danieli and Yildiz Lar technical teams performed an impressive startup of the cold tandem mill which is part of the new complex in Izmit (Kocaeli).
NON-FERROUS
 

American Manganese moves forward with plans to recycle lithium-ion battery materials

8 February 2019 Time: 19:31
American Manganese (TSX.V: AMY; FRANK: 2AM) announced this week that its partner, Kemetco Research, started the processing of a select sample of cathode scrap material through Stages 1 and 2 of a Pilot Plant built to recycle cobalt, nickel, manganese, and aluminum.
 

KS HUAYU investing in new production shop

31 January 2019 Time: 18:28
Long-established castings specialist stepping into e-mobility sector
 

Titanium carbide makes aluminum alloy viable for cars

29 January 2019 Time: 17:10
Engineers from UCLA have developed a way to make an aluminum alloy known as AA 7075 so strong that it can be welded without breaking.
 

US to lift Rusal sanctions in January

20 December 2018 Time: 07:08
The US Treasury Department said today it will lift sanctions against Russian aluminium producer Rusal on 18 January.
 

Alba Hosts Wellness Sessions to Mark Breast Cancer Awareness Month

26 November 2018 Time: 22:01
Aluminium Bahrain B.S.C. (Alba) marked the Breast Cancer Awareness Month this year by hosting two separate events on Wellness and Health for Alba Ladies at the Oasis Hall during October 2018.
 

Henan Mingtai grants SMS group final acceptance of high-performance aluminum cold mill

26 November 2018 Time: 21:26
On October 18, 2018, the Chinese aluminum producer Henan Mingtai Al. Industrial Co., Ltd. has granted SMS group the final acceptance certificate for the new aluminum cold rolling mill established at the Gongyi location.
 

Iran’s Copper Cathode Production Rises by 60%

16 February 2019 Time: 19:29
Iran has produced more than 200,000 tons of copper cathode in the first 10 months of the current local calendar year (started on March 21, 2018), indicating a 61% growth compared with corresponding period in last year.
 

Copper price slides despite Chinese imports at record pace

15 February 2019 Time: 18:46
The price of copper declined for a fifth day in a row on Thursday despite trade data showing Chinese imports of the orange metal growing at a record-setting pace.
 

Copper miner's $10B bet comes to life in Panama jungle

15 February 2019 Time: 17:57
The world’s largest new copper mine rumbled to a start this week in the Panamanian jungle, poised to supply a global market that’s tipping into deficit and gives First Quantum Minerals Ltd. a chance to prove its $10 billion investment was worth all the trouble.
 

Norway gives go-ahead to disputed Arctic copper mine

14 February 2019 Time: 22:48
OSLO, Feb 14 (Reuters) – Norway's government approved on Thursday the building of a copper mine near Europe's northernmost point despite years of opposition from indigenous Sami herders and fishermen.
 

Bougainville’s $58B gold-copper mine safe for now as Mining Act changes rejected

12 February 2019 Time: 21:58
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law, said to be aimed at letting a new company extract the island’s riches.
 

Friedland confident Congo copper mine will be world’s second-largest

6 February 2019 Time: 23:10
Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining Group and Crystal River Global, in the Democratic Republic of Congo “definitely” has the potential to become the world’s second-largest red metal mine.
 

Thirty-year-old inactive mine to host Australia’s first clean energy storage facility of its kind

17 February 2019 Time: 20:37
The Angas zinc mine, just outside Adelaide and currently under care and maintenance, is about to become the site of 5 MW advanced compressed air energy storage or A-CAES project which will provide synchronous inertia, load shifting and frequency regulation to the area's electrical grid.
 

Lead production expected to grow in 2019 – report

4 February 2019 Time: 17:27
A study by Wood Mackenzie forecasts that global lead production, excluding that of China, will increase in 2019 by about 250 kt, which is equivalent to over 10% of current output.
 

Iran Develops New Technology to Process Lead, Zinc Ores

21 January 2019 Time: 16:05
Iranian experts developed a new technology to process lead and zinc ores, using pyrometallurgy method.
 

Hudbay Minerals investor Waterton seeks to replace CEO, board

16 January 2019 Time: 22:57
Hudbay Minerals’ (TSE, NYSE: HBM) second-largest investor, Waterton Global Resource Management, is seeking to oust the Canadian miner’s chief executive officer and overhaul its board.
 

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.
 

Scientists take a look inside rare wire gold specimen

17 February 2019 Time: 20:23
For the first time ever, scientists from Los Alamos National Laboratory had a peek inside the structure of the Ram's Horn, a 263 gram, 12-centimeter tall wire gold specimen considered one of the few of its kind.
 

Kinross stock rallies after reporting record production at Paracatu and Bald Mountain

16 February 2019 Time: 20:37
Kinross Gold's (TSX: K; NYSE: KGC) shares were up 6.25% on Friday, after reporting Q4 results this week. The company produced 2.45 million gold-equivalent ounces last year, with record production from its Paracatu mine in Brazil and its Bald Mountain mine in Nevada, and forecasts company-wide production this year will be similar to 2018.
 

Centamin sees mineral resources more than doubling in Côte d’Ivoire

16 February 2019 Time: 20:19
Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) said Friday that drilling activities at its Doropo licence in Côte d’Ivoire resulted in more than double the mineral resources estimated for the area, which remains largely underexplored, with numerous targets identified.
 

Investors applaud Yamana Gold’s Q4 results

15 February 2019 Time: 19:24
Yamana Gold’s (AUY) stock rebounded 4.65% in after-hours trading on Thursday after the miner announced Q4 and FY 2018 results. During regular trading hours, Yamana closed down 1.1% in line with the weaker overall market.
 

Sierra Metals one step closer to expanding Yauricocha

14 February 2019 Time: 23:09
This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.
 

Heart-shaped diamond found in time for Valentine’s Day

14 February 2019 Time: 22:56
The world's top diamond producer by output, Alrosa (MCX:ALRS), found a heart-shaped rough diamond at the Udachnaya kimberlite pipe in Yakutia, eastern Russia.
 

Iran’s Copper Cathode Production Rises by 60%

16 February 2019 Time: 19:29
Iran has produced more than 200,000 tons of copper cathode in the first 10 months of the current local calendar year (started on March 21, 2018), indicating a 61% growth compared with corresponding period in last year.
 

Sherritt International reports higher annual nickel production at Cuban JV

15 February 2019 Time: 19:30
Sherritt International (TSX: S) released its financial results for Q4 2018, today, reporting the company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year, while finished cobalt was 428 tonnes, down 8% from Q4 2017.
 

Quebec lithium developer's stock craters after cost blowout

14 February 2019 Time: 23:18
Nemaska Lithium's (TSE: NMX) stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by C$375 million. The company, with a $300 market cap on the TSX, clawed back some of the early day's losses, but still closed the day down 35%.
 

Sierra Metals one step closer to expanding Yauricocha

14 February 2019 Time: 23:09
This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.
 

American Manganese moves forward with plans to recycle lithium-ion battery materials

8 February 2019 Time: 19:31
American Manganese (TSX.V: AMY; FRANK: 2AM) announced this week that its partner, Kemetco Research, started the processing of a select sample of cathode scrap material through Stages 1 and 2 of a Pilot Plant built to recycle cobalt, nickel, manganese, and aluminum.
 

Bolivia picks Chinese partner for $2.3B lithium project

7 February 2019 Time: 17:26
Bolivia has chosen a Chinese consortium to help it produce lithium, the government said on Wednesday, giving China a potential foothold in the country's huge untapped reserves of the prized electric battery metal.
MINERALS
 

Vale evacuates 200 people from town near its Mar Azul mine

17 February 2019 Time: 20:48
Brazilian mining giant Vale (NYSE:VALE) issued a statement on Saturday saying that it had ordered the evacuation of some 200 people residing or working in 49 buildings that are located near its Mar Azul mine, in Nova Lima, Minas Gerais.
 

Fire shuts down Vale’s Malaysia distribution center

16 February 2019 Time: 20:33
Iron ore mining giant Vale (NYSE:VALE) issued a statement Friday advising that there was a fire in one of the transfer houses of the belt conveyor system at its distribution center in Malaysia.
 

Eight Vale employees arrested in Brazil as part of dam collapse probe

15 February 2019 Time: 17:40
Eight employees of the Brazilian mining giant Vale (NYSE:VALE) were arrested on Friday as part of an ongoing criminal investigation into the deadly dam disaster in the town of Brumadinho, which killed at least 166 with over a hundred still missing.
 

Hundreds evacuated in Brazil on fears over mining dams safety

8 February 2019 Time: 18:50
About 700 people were evacuated on Friday from two different towns in the Brazilian state of Minas Gerais where a dam collapse last month killed at least 157 people, with nearly 200 still missing and feared dead.
 

Iron ore prices reach almost two-year high

7 February 2019 Time: 17:30
Iron ore prices reached an almost two-year high on Tuesday, following January’s fatal tailings dam breach in Brazil at Vale’s Córrego do Feijão mine. Iron ore was at $86.65/dry ton on Feb. 4, up 14% since the dam breach and the highest since March 2017, according to S&P Global Platts.
 

Vale knew about sensor problems at dam before burst – Globo TV

7 February 2019 Time: 15:05
SAO PAULO, Feb 6 (Reuters) – Brazilian iron ore miner Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, killing an estimated 300 people, two days before the disaster, Globo TV reported on Wednesday.
 

ICI 4 thermal coal derivatives trades continue

28 January 2019 Time: 18:35
A total of 15,000t of ICI 4 thermal coal derivatives contracts traded today, although activity in the physical market continued to slow amid waning demand ahead of next week's lunar new year holiday in China.
 

In Germany's plan to phase out coal, a big polluter will benefit

28 January 2019 Time: 15:37
A proposal to stop Germany from using coal for power generation within two decades may leave an unexpected beneficiary: The company that burns the most of the fuel.
 

Slow growth for Europe's mining sector — report

26 January 2019 Time: 12:12
European miners will maintain their position at the forefront of integrating technology, particularly in more developed markets, due to a highly skilled workforce and high levels of connectivity among the more developed economies, a regional overview published by Fitch Solutions reports.
 

South Africa: Coal Shipments from RBCT Record Modest Growth in CY18

26 January 2019 Time: 01:35
South Africa's premium coal terminal, Richards Bay (RBCT) has attained new highs for coal exports during the CY18.
 

How China’s Graphite Electrodes and Needle Coke Market Perform this Week?

23 January 2019 Time: 20:59
SteelMint has heard from its sources that after the Graphite electrodes (GE) prices in China turned stable last week amid government’s liquidity boost in the economy, the decline in domestic steel prices and ample steel availability has once again driven down the country’s GE prices.
 

Australian Coking Coal Prices Keep Falling on Sluggish Steel Market in China

23 January 2019 Time: 20:02
Seaborne premium hard coking coal prices have further declined this week after the sharp fall last week, as inventories continued to build due to the continued lack of buying interest from end-users.
 

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

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

RMA cementing alliances in northwestern BC

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

Minerals entity dedicated to Services in the Middle East

6 January 2019 Time: 06:54
Within Fives, the Cement | Minerals Business Line recently set up a new operational entity in the Middle East to support customers with services and technical assistance.
 

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.
 

World record: Ultra-thin hot rolled strip with a thickness of 0.6 millimeters produced on Arvedi ESP line supplied by Primetals Technologies

29 January 2019 Time: 18:30
In October 2018, an Arvedi ESP (Endless Strip Production) line installed in a plant belonging to the Chinese steel producer Rizhao Steel Group Co., Ltd (Rizhao) produced ultra-thin hot strip with a thickness of just 0.6 millimeters for the very first time.
 

Outotec to deliver a mine paste backfill system to Canada

29 January 2019 Time: 18:10
Outotec has been awarded a contract to design and deliver a mine paste backfill system to a nickel mine in Canada.
 

Metso, in collaboration with Rockwell Automation, introduces new predictive maintenance solution for mining industry

26 November 2018 Time: 21:57
Metso is expanding its digital Metso Metrics offering with the launch of a new predictive maintenance solution for mining equipment, aimed to help maximize the uptime and performance of comminution circuits.
 

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.
 

Fire shuts down Vale’s Malaysia distribution center

16 February 2019 Time: 20:33
Iron ore mining giant Vale (NYSE:VALE) issued a statement Friday advising that there was a fire in one of the transfer houses of the belt conveyor system at its distribution center in Malaysia.
 

Not so autonomous: Wifi outage results in driverless truck crash at Fortescue mine

16 February 2019 Time: 20:27
Iron ore producer Fortescue Metals Group (ASX:FMG) revealed Friday that one of its massive driverless trucks collided with another at one of its Western Australia mines earlier this week. There were no injuries.
 

IBM steps up efforts to help miners improve health and safety records

16 February 2019 Time: 19:36
Much has been said lately about how IBM’s cognitive exploration and content analysis platform, known as Watson, is helping major miners, such as Goldcorp and Newcrest, in a number of ways, from mine planning and operational performance optimization to sharpening takeover strategies.
 

Copper miner's $10B bet comes to life in Panama jungle

15 February 2019 Time: 17:57
The world’s largest new copper mine rumbled to a start this week in the Panamanian jungle, poised to supply a global market that’s tipping into deficit and gives First Quantum Minerals Ltd. a chance to prove its $10 billion investment was worth all the trouble.
 

Technology to redesign 77% of Australian mining jobs over next five years — report

15 February 2019 Time: 17:49
The future holds a changing landscape for miners’ skillsets in Australia. A vast 77% of mining jobs will be enhanced or redesigned due to technology within the next five years, an EY report for the Minerals Council of Australia on the Future of Work in Mining released today reveals.
 

Eight Vale employees arrested in Brazil as part of dam collapse probe

15 February 2019 Time: 17:40
Eight employees of the Brazilian mining giant Vale (NYSE:VALE) were arrested on Friday as part of an ongoing criminal investigation into the deadly dam disaster in the town of Brumadinho, which killed at least 166 with over a hundred still missing.
Auto
 

US govt study sees electric car sales stuck in slow lane

30 January 2019 Time: 22:05
Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.
 

Titanium carbide makes aluminum alloy viable for cars

29 January 2019 Time: 17:10
Engineers from UCLA have developed a way to make an aluminum alloy known as AA 7075 so strong that it can be welded without breaking.
 

The Senseless Dream of the Electric Future

28 January 2019 Time: 18:24
Why Professor Jörg Wellnitz of THI knows that the hype surrounding the electric car is little more than subterfuge
 

Flagship Volkswagen plant transforms for EV era

26 January 2019 Time: 13:49
German auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start producing soon.
 

Fives integrates an ABB YuMi® collaborative robot to demonstrate the potential of this new technology for the automotive industry

24 January 2019 Time: 21:52
Within Fives Group, the Automation team (Facility in Montévrain, near Paris, France) has developed a collaborative robotic cell to assemble small sub-components for one major car manufacturer in Europe.
 

US copper projects gain steam thanks to electric vehicle trend

24 January 2019 Time: 21:01
Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal.
ECONOMY
 

Iran’s Energy Bourse to Open 4th Crude Sales in February

30 January 2019 Time: 21:45
Iran will hold the 4th session of direct sales of oil to domestic and international buyers through its energy bourse on February 4th.
 

Official: Foreign Firms Eyeing to Purchase Iran's Oil

23 December 2018 Time: 18:11
Several foreign companies have shown interest in purchasing Iran's oil via the exchange market, Managing director of Iran's Energy Exchange Seyed Ali Hosseini said.
 

Trading over 313 thousand tonnes of various commodities on IME

19 November 2018 Time: 10:02
During weekdays ending up to November 15, approximately, 313,321 MT of commodities worth over $357 million were traded in Iran Mercantile Exchange.
 

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.
 

Brazil securities regulator probes Vale’s filings on dam collapse

29 January 2019 Time: 16:50
The Brazilian Securities and Exchange Commission (CVM) has launched a probe into mining giant Vale SA's filings related to the mining dam collapse in the town of Brumadinho, where the collapse of a dam at the company’s Córrego do Feijão mining complex on Friday killed at least 60, while more than 300 missing people are feared dead.
 

Iran to Sell Oil via Stock Exchange for 3rd Time

21 January 2019 Time: 15:50
The third stage of a plan to sell Iranian oil through the stock exchange will kick off this week, the oil minister said.
 

BHP, Rio, Vale stock bested Apple, Google, Facebook in 2018

28 December 2018 Time: 06:29
After a strong start to 2018, the value of the world’s largest mining stocks began turning down well before summer as worries about a China–US trade war continued to mount.
 

Tehran Stock Market Trading Rules Tweaked

30 November 2018 Time: 13:17
Tehran Stock Exchange and Iran Fara Bourse – an over-the-counter market for securities and other financial instruments in Tehran - announced changes in trading procedures as part of new directives.
 

Asia petrochemicals outlook, w/c Nov 19

19 November 2018 Time: 11:02
Supply of propylene, benzene and styrene monomer was expected to remain ample in the Asian petrochemical market this week, while the US-China trade tensions continues to cast a pall over high density polyethylene as orders for toys, plastic bags and packaging material are canceled.
 

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.
 

Official: Iran’s Insurance Industry Unaffected by Sanctions

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

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.
 

Erdogan: Turkey Ready to Launch Own SPV for Iran

16 February 2019 Time: 19:04
Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
 

Iran-Singapore Commercial Committee Established

12 February 2019 Time: 20:07
Iran-Singapore Commercial Committee was officially established on Wednesday, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture for international affairs said.
 

Iran, Australia to Further Develop Industrial Ties

27 January 2019 Time: 18:35
Tehran and Canberra are determined to further increase industrial cooperation as representatives from the two countries signed an agreement in Tehran.
 

Iran Ups Textile Exports by 40 Percent

26 December 2018 Time: 18:19
Iran has boosted its textile production by two percent and its exports by 40 percent in the first nine months of the current Iranian year (March 21, 2018-December 22, 2018), a senior Iranian industry official announced.
 

Availability of Metso's valve solutions extended with new distributor Grønbech & Sønner in Denmark

24 December 2018 Time: 01:42
Metso has signed a distributor agreement for its valve solutions with Grønbech & Sønner A/S in Denmark.
 

Int’l Exhibition of Transportation Industries Kicks off in Tehran

17 December 2018 Time: 06:03
The 3rd edition of the International Exhibition of Transportation and Related Industries opened in Tehran on Sunday morning with 200 Iranian and foreign firms and companies showcasing their latest achievements and products.
 

Iran, Iraq Finalize Payment Mechanism

7 February 2019 Time: 14:54
Governors of the central banks of Iran and Iraq signed an agreement to develop a payment mechanism aimed at facilitating banking ties between the two neighboring countries.
 

Iraqi PM Urges Rapid Implementation of Banking Deal with Iran

7 February 2019 Time: 14:50
Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said Iraqi Prime Minister Adil Abdul-Mahdi has voiced “his firm support” for the banking deal reached between the two countries on Tuesday night and called for its rapid implementation.
 

Iranian Official: No Restrictions for Foreign Banks to Set Up Branches in Chabahar

31 January 2019 Time: 17:06
A senior official at Chabahar Free Trade Zone (FTZ) Organization announced on Thursday that foreign banks face no restriction for inaugurating their branches in Chabahar in Southeastern Iran.
 

Iran, Syria to Establish Joint Bank in Damascus

30 January 2019 Time: 21:39
Tehran and Damascus signed a document to finalize previous agreements between the two countries for establishing a joint bank.
 

Iran’s Central Bank to Launch Integrated Currency Market

23 January 2019 Time: 23:17
The Central Bank of Iran is going to launch a unified currency market that would handle the flow of money to and from banks and currency exchange stores.
 

CBI Governor: Japan Restarts Oil Imports from Iran

21 January 2019 Time: 16:21
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Monday that Japan has resumed supply of crude from Iran.
 

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.
 

Fivefold Rise in Exports via Rail From Iran's Sarakhs Border Crossing

17 February 2019 Time: 18:04
Atotal of 231,000 tons of commodities were exported to Central Asian countries via rail from Sarakhs Border Crossing in the northeastern Khorasan Razavi Province during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20), which registered a fivefold surge compared with the corresponding period of last year.
 

Iran Air to Increase Flights during New Year’s Holidays

16 February 2019 Time: 19:08
The Chief Executive of Iran Air, the national Iranian carrier, said the airline is going to operate more flights to handle the high-season trips during the new Iranian year’s holidays.
 

Erdogan: Turkey Ready to Launch Own SPV for Iran

16 February 2019 Time: 19:04
Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
 

Participants at Tehran’s Int’l Bitumen Expo Rise by 40%

12 February 2019 Time: 21:43
More than 150 domestic and international companies are participating at the 10th International Exhibition of Bitumen, Asphalt, Insulation and Related Machinery (BAIEX 2019) in Tehran, indicating a 40% increase compared with the last edition.
 

Iran, Turkey Agree to Increase Border Trade Traffic

12 February 2019 Time: 21:31
Iranian and Turkish customs officials reached an agreement to ease border traffic of trucks between the two countries, agreeing to let in over 450 trucks on both sides of the border on a daily basis.
 

Iran, Turkey Complementary in Many Areas: Minister

12 February 2019 Time: 20:43
Turkish Minister of Transport and Infrastructure Mehmet Cahit Turhan highlighted the importance of his country’s relations with Iran and said the two nations can complement each other in various political, cultural and economic areas.
GEOLOGY
 

Trilogy Metals, South32 increase exploration budget for Alaska projects

8 February 2019 Time: 19:07
Canada’s Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia’s South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.
 

How microbes contribute to the formation of giant copper deposits

28 January 2019 Time: 15:29
A paper published in the journal Geology predicts that scientists are close to proving that microbes have control over the precipitation of metals in near-surface environments.
 

Activists ask Mexican president to stop Almaden Minerals' project

28 January 2019 Time: 13:58
A group of activists from the Ixtacamaxtitlán municipality, located in the Puebla state of central Mexico, presented a letter to the country’s president, Andrés Manuel López Obrador, where they state that Minera Gorrión’s Ixtaca project represents “a threat to their lives.”
 

Human activity creates 208 new mineral species

28 December 2018 Time: 06:54
For the first time, more than 200 mineral species have been identified that originated either principally or exclusively due to human activities – primarily as a result of mining.
 

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.
ENVIRONMENT
 

Sierra Metals one step closer to expanding Yauricocha

14 February 2019 Time: 23:09
This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.
 

RMA cementing alliances in northwestern BC

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

Chinese Finished Steel Exports Plunge 8% in CY18

26 January 2019 Time: 01:49
According to Chinese customs nation’s finished steel exports plunged by 8% Y-o-Y to 69.47 MnT in CY18 as compared to 75.41 MnT in CY17.
 

Many Toronto-listed miners don't disclose environmental and social info

23 January 2019 Time: 23:40
A report issued by the Amsterdam-based Responsible Mining Foundation reveals that many Toronto-listed junior and mid-tier mining companies do not properly disclose environmental, social and governance information related to their mine sites in Australia, Burkina Faso, Canada, the Ivory Coast, Liberia, Mali, Mexico, Kyrgyz Republic, and Suriname.
 

China’s Tangshan City Orders New Production Cuts from 8 January 2018

15 January 2019 Time: 20:37
SteelMint has heard from its sources that, North China's Tangshan, the country's largest steel-producing city has launched ‘Level II Emergency Response to Heavy Pollution Weather’.
 

China Plans to Adopt More Stringent Anti-Pollution Measures in 2019

8 January 2019 Time: 02:23
Last week, the Chinese Ministry of Ecology and Environment (MEE) announced in a statement that it will adopt more targeted and efficient policies as part of its campaign against pollution in the year 2019.
ENERGY
 

Oil Market Forecasters Bearish on 2019

17 February 2019 Time: 17:46
The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand.
 

India Advises Refiner to Avoid US System for Venezuela Crude Purchase

17 February 2019 Time: 17:13
India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said, after Washington imposed fresh sanctions on Venezuela last month.
 

Brent Briefly Touches $65

16 February 2019 Time: 18:00
Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors.
 

South Korea Resumes Iran Oil Import

16 February 2019 Time: 17:31
South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
 

Venezuela Courting India to Strengthen Oil Ties

14 February 2019 Time: 20:02
Venezuela's oil minister is in New Delhi this week hoping to convince India's key refiners to buy more of its crude and forge closer ties as the South American nation finds itself internationally isolated after the US imposed crippling sanctions on state-owned PDVSA last month.
 

IMF: South Arabia Needs $80-85 Oil to Balance 2019 Budget

14 February 2019 Time: 19:22
OPEC’s biggest producer Saudi Arabia would need oil prices at $80-85 per barrel in order to balance its 2019 budget, Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund has told Reuters.
 

Dutch Look Overseas for Gas

18 February 2019 Time: 13:23
After decades of supplying itself and its European neighbors with natural gas, an era has officially come to an end for the Netherlands.
 

Iran in Talks with India over Farzad B Gas Field: Official

14 February 2019 Time: 20:29
The CEO of the National Iranian Oil Company (NIOC) said the talks with the Indian side on the development of Farzad B gas field in the Persian Gulf waters are in progress.
 

Iraq Rebuffs US on Cutting Off Energy Purchases from Iran

12 February 2019 Time: 20:48
The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad.
 

Russia to Construct Iran-India Gas Pipeline: Oil Minister

6 February 2019 Time: 08:26
Iranian Oil Minister Bijan Namdar Zanganeh said the country has accepted Russia’s proposal to construct a subsea pipeline for exporting natural gas from the Islamic Republic to India.
 

Iran to Link 3,000 Villages to Gas Network by March 2019

4 February 2019 Time: 16:59
Plans are under way to ensure access of 3,000 more Iranian villages to the natural gas by the end of the current calendar year to March 20 2019, an official said.
 

Qatar Petroleum, Exxon Continue Texas LNG Project

4 February 2019 Time: 07:43
Exxon and Qatar Petroleum will proceed with a $10 billion expansion of their Golden Pass liquefied natural gas import terminal in Texas to turn it into an export facility as well, Reuters reports, citing source familiar with the matter.
 

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.
 

US sanctions pull plug on Citgo Aruba project

17 February 2019 Time: 21:36
A $1.1bn Venezuelan project to refurbish a mothballed refinery on the Dutch-controlled island of Aruba has derailed because of US sanctions on national oil company PdV.
 

Iran Breaks US, Japan Monopoly in Production of Ultracentrifuges

14 February 2019 Time: 22:28
Iranian scientists could manufacture ultracentrifuges with the capability of spinning 60,000rpm, to become the third nation with the needed hi-tech to manufacture such centrifuges after the US and Japan.
 

Kuwait to Invest $4.5 Billion in Canada Petrochem Facility

7 February 2019 Time: 14:32
Canadian company Pembina Pipeline Corp. says it is going ahead with a $4.5-billion joint venture with Kuwait's Petrochemical Industries Co. to build an integrated propane dehydrogenation plant and polypropylene upgrading facility northeast of Edmonton.
 

Chemical Plant Worth $2 mln Opens in Iran’s Markazi Province

4 February 2019 Time: 16:39
A private sector company opened a chemical plant in Markazi Province on Sunday to produce 'dimethyl carbonate ammonium hydroxide' for the first time in Iran.
 

Iran to Open New Refinery Closer to High Seas

28 January 2019 Time: 13:46
Iran started construction of a large petrochemical refinery complex in Bandar Jask port on the coast of the Gulf of Oman, cutting the distance between the high seas and its petrochemical terminals by around 600 kilometers.
 

Official: Latest Technical Savvy Needed for Petchem Development

16 January 2019 Time: 22:49
An official with the National Petrochemical Company (NPC) said the industry needed the state-of-the-art technologies for development.
 

India: Conventional Power Generation Rebounds in Dec'18

17 January 2019 Time: 00:11
Indian power generation from conventional sources have recorded slight growth on the month after witnessing drastic fall in Nov'18, but the rate of output has remain almost flat m-o-m in Dec'18.
 

Tehran, Kabul to Expand Energy, Water Cooperation

7 January 2019 Time: 15:56
Iranian Energy Minister Reza Ardakanian, in a meeting with Afghanistan's Deputy Minister of Energy and Water Khan Mohammad Takal, exchanged views on ways to bolster bilateral cooperation in the water and energy sectors.
 

Iran, Afghanistan Discuss Helmand River Issue

5 January 2019 Time: 18:59
Iranian and Afghan commissaries held the 19th meeting of their joint committee in Tehran on Saturday to address the issue of the water right of the Helmand River.
 

President Rouhani Calls for Cut in Water Consumption

31 December 2018 Time: 20:51
Iranian President Hassan Rouhani said on Monday that water and electricity bring security for the country, and called for a 10 to 20 percent reduction in agricultural consumption of water with the use of new methods.
 

Hyflux suspends contract for desalination package in Iran

15 December 2018 Time: 22:21
HYFLUX has suspended a contract for a seawater reverse osmosis desalination package in Iran, which the company said on Friday is expected to have a material adverse effect on its financial performance. NAVIN SREGANTANnavinsre@sph.com.sg@NavinSreBT
 

Iran to Open Largest Desalination Plant

11 December 2018 Time: 15:54
First Vice-President Eshaq Jahangiri is slated to attend the opening ceremony of the largest desalination facility of Iran, with the total capacity of 100,000 cubic meters/day, in Hormozgan province’s capital city of Bandar Abbas on Wednesday.
 

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).
 

Iraq Eyeing Further Electricity Import from Iran

5 February 2019 Time: 16:23
Iranian Deputy Energy Minister for Electricity Homayoun Haeri said on Tuesday that an Iraqi delegation is slated to visit Tehran on Wednesday for talks on increasing bilateral cooperation on electrical energy.
 

Iran's Electricity Capacity Rises by 11 Times

2 February 2019 Time: 21:15
Iranian Energy Minister Reza Ardakanian said on Saturday that the power generation of the country has increased by 11.4 times since the victory of the Islamic Revolution in 1979.
 

In Germany's plan to phase out coal, a big polluter will benefit

28 January 2019 Time: 15:37
A proposal to stop Germany from using coal for power generation within two decades may leave an unexpected beneficiary: The company that burns the most of the fuel.
 

Russia to Attract $28b in Power Plant Upgrade

26 January 2019 Time: 08:19
Russia’s government approved on Thursday a ten-year modernization program for Russian power plants, expected to attract $28.8 billion in private investments in the sector, Energy Minister Alexander Novak said.
 

India: Conventional Power Generation Rebounds in Dec'18

17 January 2019 Time: 00:11
Indian power generation from conventional sources have recorded slight growth on the month after witnessing drastic fall in Nov'18, but the rate of output has remain almost flat m-o-m in Dec'18.
 

Iran Further Increasing Power Capacity

14 January 2019 Time: 18:40
The steam unit of a combined cycle power plant in Iran’s central city of Kashan was opened by First Vice-President Eshaq Jahangiri, in a bid to further increase the electricity capacity of the region.
 

Zarif Reiterates Iran’s Objection to Renegotiating JCPOA

16 February 2019 Time: 19:25
Iranian Foreign Minister Mohammad Javad Zarif once again expressed the country’s objection to the idea of renegotiating the landmark Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
 

France Reiterates Support for JCPOA

16 February 2019 Time: 19:16
The Foreign Ministry of France reaffirmed Paris’ commitment to preserving the 2015 Iran nuclear deal and facilitating legal commercial transactions with Iran in defiance of US Vice President Mike Pence who has urged the EU parties to leave the JCPOA.
 

Iran among 8 Countries with Full Nuclear Fuel Cycle: Ex-Negotiator

14 February 2019 Time: 21:29
A former member of Iran’s negotiating team with world powers said the Islamic Republic is among the world’s top eight countries that possess a complete nuclear fuel cycle.
 

Iran Vows to Do Renovation Work on Arak Reactor if JCPOA Parties Drag Feet

7 February 2019 Time: 14:58
Head of the Atomic Energy Organization of Iran Ali Akbar Salehi said the country could begin redesigning its heavy-water reactor in Arak single-handedly if the JCPOA parties which have undertaken the task drag their feet.
 

EU Hails Creation of INSTEX, Vows ‘Continued Support’ for JCPOA

6 February 2019 Time: 22:49
The European Union hailed the creation of a new trading system with Iran called INSTEX (Instrument in Support of Trade Exchanges), voicing “continued support” for the 2015 nuclear deal between Tehran and world powers.
 

Iran’s Envoy Gives Details of Items Covered by INSTEX

6 February 2019 Time: 22:43
Iran’s ambassador to the UK compiled a list of the commodities that Iran and Europe will be able to trade in under a payment channel that three EU states have set up to maintain trade with Iran.
 

Renewables to Be World’s Main Source of Power

18 February 2019 Time: 13:00
Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP.
 

Iran’s Western Province Expanding Solar Power Generation

4 February 2019 Time: 16:17
Iranian First Vice-President Eshaq Jahangiri is scheduled to open 4 new solar power plants in the Western Province of Hamedan on Tuesday, where €28 million worth of foreign investment has been devoted to the expansion of renewable energies.
 

Russia to Attract $28b in Power Plant Upgrade

26 January 2019 Time: 08:19
Russia’s government approved on Thursday a ten-year modernization program for Russian power plants, expected to attract $28.8 billion in private investments in the sector, Energy Minister Alexander Novak said.
 

Iran Vows to Win Share in Global Biotechnology Market

20 January 2019 Time: 16:22
Chairman of the Biotechnology Development Council Mostafa Qaneie said on Sunday that Iran is planning to take up to 3% market share of global biotechnology industry, adding that the country is enjoying an asset of 15,000 biotechnology graduates to reach this goal.
 

Renewables, Natural Gas to Lead New US Electric Capacity

14 January 2019 Time: 07:25
Wind, natural gas, and solar capacity will lead the new electricity capacity in the United States this year, while coal-fired generation will account for more than half of scheduled capacity retirements, the US Energy Information Administration said in its latest inventory of electric generators.
 

Iran, Slovakia to Boost Cooperation on Renewable Energy

7 January 2019 Time: 16:29
A host of Slovakian business activists visiting Tehran, in a meeting with Deputy Chairman of the Iranian Parliament’s Energy Commission Hossein Amiri Khamkani, reassured that they are resolute to strengthen cooperation on renewable energies.
 

Danish Firm Will Join Japan Offshore Wind Projects

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

Sportswear Giant Signs Second Wind Power Deal

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

Google to Meet All Energy Needs From Clean Power

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

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.
 

Availability of Metso's valve solutions extended with new distributor Grønbech & Sønner in Denmark

24 December 2018 Time: 01:42
Metso has signed a distributor agreement for its valve solutions with Grønbech & Sønner A/S in Denmark.
 

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.
 

Renewables to Be World’s Main Source of Power

18 February 2019 Time: 13:00
Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP.
 

BP’s Bob Dudley: Oil Market Uncertainty Could Lead to a Real Crunch

14 February 2019 Time: 19:14
Aflurry of intensifying risks could trigger an energy market "crunch" over the coming months, according to the chief executive of BP.
 

Iraq Rebuffs US on Cutting Off Energy Purchases from Iran

12 February 2019 Time: 20:48
The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad.
 

Rethinking mining strategies among the top-10 global trends to shape 2019

29 January 2019 Time: 16:30
2019 could go down in history as the year mining companies stopped anchoring their strategic planning around producing the highest volumes of ore at the lowest possible cost, and understood that focusing on the composition of their portfolios to offer a unique investment opportunity was the key to success, a study published Tuesday shows.
 

Iran, Turkmenistan Stress Energy, Transit Cooperation

26 January 2019 Time: 20:22
Iranian and Turkmen officials in a meeting in Tehran on Saturday underlined the need to make use of new capacities for the further development of cooperation between the two countries, specially in energy and transit sectors.
 

Tehran, Vienna to Broaden Energy Cooperation

18 January 2019 Time: 21:51
Representatives from Iranian and Austrian energy companies reached news agreements in a 4-day meeting in Vienna where they held the 5th joint workgroup of the two countries, said Iranian Foreign Ministry Spokesman Bahram Qassemi on Friday.
Housing & Building
 

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.
 

Iran's Trade With Turkmenistan Tops $300m

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

Exports to Pakistan Rise by 58% in 8 Months

12 December 2018 Time: 06:47
The volume of Iran’s non-oil goods exported to Pakistan in the first 8 months of the current Iranian calendar year (March 21- November 22) has registered a 58% increase in comparison with the same period last year, reaching a total sum of $860 million worth of commodity.
 

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

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

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’.
 

Iran to Provide Engineering Services for Dam Construction in Africa

28 January 2019 Time: 18:05
An Iranian firm will provide engineering consultancy services for the construction of a major dam on the Rufiji River in Tanzania, where the $3 billion project is expected to create the largest reservoir in East Africa and double the electricity supply of the country.
 

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.
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"
 

Iran Breaks US, Japan Monopoly in Production of Ultracentrifuges

14 February 2019 Time: 22:28
Iranian scientists could manufacture ultracentrifuges with the capability of spinning 60,000rpm, to become the third nation with the needed hi-tech to manufacture such centrifuges after the US and Japan.
 

Fives integrates an ABB YuMi® collaborative robot to demonstrate the potential of this new technology for the automotive industry

24 January 2019 Time: 21:52
Within Fives Group, the Automation team (Facility in Montévrain, near Paris, France) has developed a collaborative robotic cell to assemble small sub-components for one major car manufacturer in Europe.
 

Iran Vows to Win Share in Global Biotechnology Market

20 January 2019 Time: 16:22
Chairman of the Biotechnology Development Council Mostafa Qaneie said on Sunday that Iran is planning to take up to 3% market share of global biotechnology industry, adding that the country is enjoying an asset of 15,000 biotechnology graduates to reach this goal.
 

VP: Iran’s IT Strat-Ups Top in Region

1 January 2019 Time: 16:55
Iranian Vice-President for Science and Technology Sorena Sattari said that the growth of IT start-ups in his country is unparalleled in the whole region, highlighting that the current administration is determined to strengthen knowledge-based economy.
 

UK plan to roll out smart meters by 2020 will not be met

23 November 2018 Time: 20:33
The UK government's plan to install smart meters in every home by 2020 will not be met because it has underestimated the time it takes to install and the technical standards for the second generation of smart meters, the National Audit office said Friday.
 

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.
 

Iraq Telecom Delegation to Visit Tehran

2 February 2019 Time: 20:05
Representatives from Iraq’s telecommunication ombudsman and mobile and landline operators are to visit Tehran Feb 2-5.
 

Telephone Directory Center to Offer English, Arabic Service

26 January 2019 Time: 08:30
Iran Telephone Directory Center that can be accessed by dialing 118 throughout the country will soon offer service in English and Arabic.
 

Tehran, Dublin to Boost Cooperation on Technology, Agriculture

18 January 2019 Time: 21:57
Iran’s Ambassador to Dublin Masoud Eslami, in a meeting with Irish Parliament Speaker Sean O’Farrel, said that Tehran is ready to expand all-out relations with Dublin, specially on areas of technology and agriculture.
 

VP: Iran’s IT Strat-Ups Top in Region

1 January 2019 Time: 16:55
Iranian Vice-President for Science and Technology Sorena Sattari said that the growth of IT start-ups in his country is unparalleled in the whole region, highlighting that the current administration is determined to strengthen knowledge-based economy.
 

A Yearly Review of Science and Tech 2018

31 December 2018 Time: 06:21
Technology cold war. Decoupling. Weaponized interdependence. Whatever you call it, the US-China science and technology relationship is being violently rewritten.
 

Iran Says US Sanctions Can Hurt American Tech Companies

24 December 2018 Time: 06:34
Citing the new US sanctions against Tehran, workplace chat app Slack banned Iranian users on Wednesday. A deputy director of Iran IT Organization told the Financial Tribune that such unprofessional moves plus the unending hostility will likely compel users across continents to think twice before subscribing to American companies involved in and living off such business.
 

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.
 

Iran Determined to Develop Science, Economy, Industry

14 February 2019 Time: 22:42
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi said that Iran has made great progress in scientific fields, and called for expanded cooperation with other countries to further forward national developments in areas of economy and industry.
 

Telephone Directory Center to Offer English, Arabic Service

26 January 2019 Time: 08:30
Iran Telephone Directory Center that can be accessed by dialing 118 throughout the country will soon offer service in English and Arabic.
 

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
 

Global Ferrous Scrap Market Overview - Week 3, 2019

29 January 2019 Time: 17:22
This week observed mixed trends in global scrap markets with Turkey scrap prices surprisingly jumped in recent deals while Asian scrap prices continued a downward correction. South Korean steel mills booked another 3-4 bulk cargoes from the US and Japan again this week.
 

South Korean Steel Mills Book 150,000 MT Bulk Scrap; Prices Inch Down

26 January 2019 Time: 02:13
South Korean steel mills have continued buying multiple bulk scrap cargoes at corrected prices since last two weeks. Massive scrap bookings comprising another 152,000 MT mixed scrap have been made for Mar-April deliveries this week.
 

Canada: Ferrous Scrap Exports Down 22% in Nov'18

26 January 2019 Time: 01:45
Canada - world’s one of the major scrap exporters witnessed considerable fall in scrap exports in Nov'18 majorly on the lowered purchases from Turkey and major Asian importers like Taiwan, Vietnam and India.
 

China's Shagang Steel Lifts Scrap Purchase Price by USD 12

26 January 2019 Time: 01:38
Eastern China’s largest ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has raised steel scrap purchase prices by RMB 80/MT (USD 12) effective from yesterday.
 

Russia mulls ferrous scrap export ban

25 January 2019 Time: 21:35
Russia's economy ministry will evaluate the possibility of a temporary ban on ferrous scrap exports following a complaint submitted by the country's steel pipemakers in late December.
 

Global Ferrous Scrap Market Overview - Week 2, 2019

23 January 2019 Time: 20:56
This week observed strengthening of demand both in Turkey and Asian markets on limited inventories available.
METALLURGY
 

Rheinmetall Automotive: New casting process with plenty of potential

15 February 2019 Time: 20:16
KS HUAYU AluTech GmbH has introduced a newly developed casting process onto the market. This joint venture between Rheinmetall Automotive and China's HUAYU Automotive Systems has developed a production process for the new Chinese plant in Guangde, one that is particularly suitable for highly complex engine block geometries and electric motor housings.
 

solidThinking Design Study: Wisconsin Precision Casting Corporation

15 February 2019 Time: 20:01
Wisconsin Precision Casting Corporation (WPC) is an investment casting manufacturer providing a variety of products and services to its growing customer base. With the advent of 3D printing, the interest in the investment casting is growing in all industrial verticals, providing great benefits with design detail, flexibility, and reduced costs.
 

Over 70% of the space of CHINA DIECASTING 2019 & CHINA NONFERROUS 2019 is booked

15 February 2019 Time: 19:52
The second largest die casting show worldwide with 36,900 sqm, gathering the whole die casting value chain in 3 theme halls of SNIEC Shanghai. Leading die casting companies from China and abroad rush to participate at the show - over 70% of the space is sold out.
 

KRÄMER+GREBE produces the best trainee in Germany

31 January 2019 Time: 18:38
Since the company was founded, attracting the next generation of skilled workers through comprehensive training has been key for the manufacturer of moulds and tools, Krämer+Grebe in Wallau, Germany. For many decades now, the high training rate has been the company’s tradition and guarantee for success.
 

KS HUAYU investing in new production shop

31 January 2019 Time: 18:28
Long-established castings specialist stepping into e-mobility sector
 

The extended arm of the foundry industry

31 January 2019 Time: 18:21
“Time to market” has long become a major a competitive factor, also in the foundry industry. With the promise of accelerating the pace of innovation and optimizing foundry processes, Hüttenes-Albertus (HA) opened its unique HA Center of Competence at the end of 2017.
 

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.
 

Fangda Carbon’s Subsidiary Rongguang Carbon to Increase its Graphite Electrodes Capacity

1 December 2018 Time: 23:39
According to sources, Fangda Carbon’s subsidiary Rongguang Carbon Co. Ltd is set to build a new graphite electrodes (GE) plant with a capacity of 50,000 tonnes per year.
 

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.
 

First Metso valves with 3D printed parts shipped to a customer

24 December 2018 Time: 01:51
Metso has delivered the first valves with 3D printed parts from its Helsinki plant. The valves include 3D printed metal components that allow the valves to perform in a particularly demanding application where they need to withstand numerous fast open-close cycles without maintenance.
 

Metso acquires Kiln Flame Systems Ltd., KFS, to extend pyro processing capabilities

24 December 2018 Time: 01:39
Metso has closed the acquisition of the UK-based combustion solutions and technology provider Kiln Flame Systems Ltd., KFS, to extend its pyro processing portfolio and capabilities.
 

China’s Graphite Electrodes Production Falls by 4.5% M-o-M basis in Nov’18

8 December 2018 Time: 23:03
With the start of winter heating season in November came the output restrictions in China’s steel sector as a part of country’s anti-pollution campaign.
 

China’s Yulinde to Increase its Graphite Electrodes Capacity by Three Times

2 December 2018 Time: 00:21
Datong YuLinDe (YLD) Graphite Equipment Co. Ltd is China’s one of the leading graphite electrode (GE) and graphite electrode equipment manufacturing company located in Datong city of Shanxi province in China
 

Indian Graphite Electrode Major HEG Ltd’s Board approves its Capacity Expansion Plan

28 November 2018 Time: 01:24
As per the latest updates that SteelMint has received, the Board of Directors of graphite electrode major, HEG Ltd at its meeting held today at 12:00 Noon has approved the capacity expansion plan for its plant in India.
 

Henan Mingtai grants SMS group final acceptance of high-performance aluminum cold mill

26 November 2018 Time: 21:26
On October 18, 2018, the Chinese aluminum producer Henan Mingtai Al. Industrial Co., Ltd. has granted SMS group the final acceptance certificate for the new aluminum cold rolling mill established at the Gongyi location.
 

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
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners