NEWS
IRON and STEEL
 

Delrey to acquire vanadium property in Newfoundland

23 March 2019 Time: 16:17
Delrey Metals (CSE: DLRY) signed a non-binding term sheet this week with respect to the right and option to acquire an 80% interest to certain mineral licences that comprise the Four Corners project in western Newfoundland, Canada.
 

Slow Buying Weakens Imported HRC Offers to Vietnam

22 March 2019 Time: 16:13
Market sources shared with SteelMint that imported HRC offers to Vietnam have inched down this week by USD 5/MT. Disparity between HRC export offers from mills in China, India and lower bids resulted to slowdown in buying activities from Vietnam.
 

India: Domestic Pellet Trades Weaken Ahead Festive Holidays

22 March 2019 Time: 16:05
Indian pellet offers have decreased further this week amid decline in sponge prices, lowered pellet buying interest at current offers.
 

Global HRC Market Overview - Week 12, 2019

22 March 2019 Time: 15:55
Chinese HRC export offers inch up following strengthening domestic market - Nation’s HRC export offers continue to move in upward direction following increase in domestic prices.
 

Pakistan: Imported Scrap Prices Stable in Recent Deals

22 March 2019 Time: 15:47
SteelMint learned in recent conversation with participants that imported scrap market in Pakistan has observed improved buying interest amid improving local market sentiments this week.
 

Indian Steel Mills Book 35,000 MT HRC from Japan

22 March 2019 Time: 14:49
As per the recent update received, Indian HRC importers booked around 35,000 MT of HRC from Japan for April shipments via two deals concluded almost 10-days back.
NON-FERROUS
 

Production of Jajarm’s First Aluminum Ingot

19 March 2019 Time: 00:45
First Aluminum ingot of Jajarm Aluminum Plant produced, Chairman of the board of IMIDRO announced.
 

'Zombie' enterprises hampering China's economic transformation – Chinalco

12 March 2019 Time: 17:49
China's "zombie" enterprises are impeding the country's economic transformation, said the country's biggest state aluminium producer, even though thousands of such unprofitable and indebted state-owned firms have been eliminated.
 

Trump touts aluminum-cost drop, but Americans still pay more

9 March 2019 Time: 21:14
President Donald Trump took a victory lap on Twitter Friday, saying aluminum prices are down about 12% since his tariffs were implemented.
 

First VP: US Fails in Metal Sanctions on Iran

9 March 2019 Time: 18:20
Iranian First Vice-President Eshaq Jahangiri underlined Washington's failure in sanctions against Iran's metal industries.
 

Canada aluminium exports to EU to rise further in 2019

9 March 2019 Time: 00:34
Canadian aluminium exports to Europe rose sharply in 2018 and are expected to increase further this year if the Section 232 tariff imposed by the US is not lifted.
 

Rio Tinto talking to Apple on next step of carbon-free aluminium project

8 March 2019 Time: 19:29
Rio Tinto is in talks to move into the next phase of an agreement with Apple, Chief Executive Jean-Sebastien Jacques said on Friday, as the miner looks to transition its aluminium business to tap a low-carbon economy.
 

Antofagasta expects water agreement with BHP for Zaldivar mine

22 March 2019 Time: 23:44
SANTIAGO – Chile's Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country's northern desert, a company official told a Chilean newspaper on Friday.
 

Hudbay Minerals granted final permit for Rosemont copper mine

22 March 2019 Time: 22:00
Canadian miner Hudbay Minerals (TSX, NYSE: HBM) scored a big win this week after the U.S. Forest Service approved the company’s mine plan of operations (MPO) for its $1.9-billion Rosemont copper project, in Arizona.
 

BHP steps up efforts to win neck and neck battle for Ecuador’s copper riches

21 March 2019 Time: 20:57
World’s largest miner BHP (ASX, NYSE:BHP) took a key step this week towards increasing its presence in Ecuador, the new darling of copper prospectors, by signing an earn-in and joint venture deal with Canada’s Luminex Resources (TSX-V:LR).
 

Polish Audit Office blasts KGHM acquisition of Chilean copper mine

15 March 2019 Time: 18:08
Poland’s Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2B) managing the operation and the ore processing plant in the last three years.
 

The Production Program of 2018-2019 Implemented

13 March 2019 Time: 15:40
Me-Metals – Saad Abdi – Planning and Observation Manager of National Iranian Copper Industries Co. (NICICO) said: With maximum production, execution of developmental plans, localization and making use of the experiences of the predecessors at the four main axes of the copper company, we have been able to implement the production program of 1397 - the solar year - (equal to half of 2018 and half of 2019).
 

Newcrest grabs majority stake in Canadian copper-gold mine

11 March 2019 Time: 19:41
Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals’ (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world’s top bullion miners to get even bigger.
 

Stunning footage of Australia copper, lead, zinc train derailment

28 February 2019 Time: 15:10
Queensland Rail had stowed a train carrying copper, lead and zinc concentrate from Glencore's operations in the Australian state on 31 January as a precautionary measure.
 

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.
 

TerraX’s Yellowknife City gold project gets new water license

23 March 2019 Time: 12:13
The Mackenzie Valley Land and Water Board issued a Type B water license approving TerraX Minerals’ (TSXV: TXR) broad exploration plan for its Yellowknife City gold project, located in Canada’s Northwest Territories.
 

VanEck shares Paulson's concerns on Newmont-Goldcorp merger

23 March 2019 Time: 11:52
Paulson & Co. isn’t the only Newmont Mining Corp. shareholder that’s expressing concerns over the terms of the gold miner’s $10 billion purchase of Goldcorp Inc.
 

Paulson opposes Newmont-Goldcorp merger

22 March 2019 Time: 23:11
Paulson & Co., which holds 14.2 million shares of Newmont Mining (NYSE: NEM), said on Thursday that it does not support Newmont's proposed acquisition of Goldcorp (NYSE: GG, TSX: G) as it is structured.
 

Barrick could close Golden Sunlight mine in May

22 March 2019 Time: 23:03
Canada’s Barrick Gold (TSX:ABX) (NYSE:GOLD) could close its Golden Sunlight mine in Montana as soon as May, unless the company finds a way to keep the 44-year-old and nearly depleted operation in business.
 

Wheaton Precious Metals exceeds 2018 production guidance, declares dividend

21 March 2019 Time: 22:34
Wheaton Precious Metals, (TSE: WPM) one of the largest precious metals streaming companies in the world, announced record gold production and sales in 2018 and declared a $0.09 per share first quarter dividend for 2019 on Wednesday.
 

77-year chart shows upswing in gold mining stocks have hardly begun

21 March 2019 Time: 22:14
Gold was trading just shy of the $1,320 an ounce mark in overnight trade in New York on Thursday, a three-week high. The latest bounce comes after Wednesday's Federal Reserve meeting confirmed market expectations that interest rates remain on hold for the rest of the year.
 

Delrey to acquire vanadium property in Newfoundland

23 March 2019 Time: 16:17
Delrey Metals (CSE: DLRY) signed a non-binding term sheet this week with respect to the right and option to acquire an 80% interest to certain mineral licences that comprise the Four Corners project in western Newfoundland, Canada.
 

Bacanora Lithium extends footprint in Germany with new licence

22 March 2019 Time: 22:43
Exploration and development company Bacanora Lithium (LON:BCN) is expanding its footprint in Germany after securing another five-year exploration licence this week in the Erzgebirge (meaning Ore Mountain) region of Saxony, Germany.
 

Secova acquires cheap vanadium mineral claims in Quebec

21 March 2019 Time: 21:43
Secova Metals (TSXV: SEK) acquired this week 100% interest in 3,809 hectares of vanadium mineral claims located in three land packages in the eastern Canadian province of Quebec.
 

Chinese electric vehicle makers are gorging on nickel

21 March 2019 Time: 21:15
Battery metals tracker Adamas Intelligence says Chinese electric vehicle manufacturers deployed 253% more nickel in passenger EV batteries in January this year compared to 2018.
 

India: Chrome Ore Production Rises Substantially in Jan’19

18 March 2019 Time: 15:52
Odisha contributes almost entirely towards chrome ore production in India. Chrome Ore Production in Jan’19 was noted to be 601,338MT . It is about 76% higher as compared to the previous month viz., Dec’18.
 

India: Silico Manganese Prices Gain Support from Increase in Ore Prices

17 March 2019 Time: 19:33
Indian Silico Manganese prices remain unchanged in Raipur but rises steeply in Durgapur, as producers in Durgapur mostly rely on imported Ore.
MINERALS
 

Australia Iron Ore Exports to China Rise in Feb'19

22 March 2019 Time: 16:24
Australia - world's largest iron ore exporter has recorded rise in monthly export shipments in Feb'19, according to the vessel line up data maintained with SteelMint.
 

Essar Steel: Iron ore and Pellet Sourcing Up 34% in Feb’19

22 March 2019 Time: 14:39
Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded sharp increase in total iron ore & pellet sourcing for the month of Feb’19.
 

Indian Iron Ore Export Volumes Surge in March on Increased Bookings from Odisha

22 March 2019 Time: 14:18
As per the vessel line up data maintained by SteelMint, Indian iron ore export volumes have seen significant increase in Mar’19. Till 16 Mar Indian iron ore export volumes have been recorded at 0.48 MnT against 0.33 MnT in Feb’19.
 

Miner Vale quashed efforts to validate dam safety before disaster – prosecutor

21 March 2019 Time: 22:46
Executives at Vale SA , the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.
 

Tug-of-war: China's steel sector grapples short-term bulls, longer-term bears

21 March 2019 Time: 21:36
China's steel sector, and the imported iron ore upon which it relies, are currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
 

Another 10MT of iron ore off the market as Vale halts Alegria mine

21 March 2019 Time: 21:09
Brazil’s Vale (NYSE:VALE) has halted operations at the Alegria iron mine in the Mariana complex of Minas Gerais state, which may remove up to 10 million tonnes a year from the market.
 

U.S. coal miners are shovelling more money than ever at investors

23 March 2019 Time: 12:03
It’s not a great time to be a coal miner, but there’s never been a better time for their shareholders.
 

Canadian Raw Material Exports Hit Record-High in CY'18

22 March 2019 Time: 14:26
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 47.68 MnT in CY'18. The exports depicted rise of 16% as compared to CY'17 exports at 41.12 MnT.
 

Chinese Graphite Electrode Prices Inch Down amid Tepid Demand

21 March 2019 Time: 15:42
After remaining stable over the last two weeks, China’s higher grade Graphite Electrode prices plunged down by RMB 2,000/MT (USD 298/MT) this week.
 

India Coking Coal Imports Rise by 5.35% in Feb’19; Imports from USA Fall By 19%

20 March 2019 Time: 21:30
Indian metallurgical coal imports have increased by 5.35% to 4.5 million tonnes (MnT) in Feb’19, as compared to 4.27 MnT in Jan’19, as per the latest vessel lineup data compiled by CoalMint Research.
 

Russia: Raw Material Imports Hindered Amidst Rail Congestion

19 March 2019 Time: 21:36
Russian imports of iron ore, ferro alloys and coal dropped in Jan'19 amidst falling temperature and congestion at rail and port terminals.
 

Indian Steel Market Weekly Snapshot

19 March 2019 Time: 15:36
In the 1st week of March 2019 (2-9th Mar), Indian domestic trade activities were subdued. The mid sized mills reported mix response from domestic buyers over uncertainty in the market.
 

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.
 

Beauce Gold using new technology to identify mineralized zones in St-Simon-les-Mines

21 March 2019 Time: 21:55
Beauce Gold Fields (TSX: BGF) announced this week that it is testing a new Russian technology at Quebec's Rang St-Gustave Road in St-Simon-les-Mines.
 

Secova acquires cheap vanadium mineral claims in Quebec

21 March 2019 Time: 21:43
Secova Metals (TSXV: SEK) acquired this week 100% interest in 3,809 hectares of vanadium mineral claims located in three land packages in the eastern Canadian province of Quebec.
 

India: Silico Manganese Prices Gain Support from Increase in Ore Prices

17 March 2019 Time: 19:33
Indian Silico Manganese prices remain unchanged in Raipur but rises steeply in Durgapur, as producers in Durgapur mostly rely on imported Ore.
 

India: NMDC Hikes Iron ore Base Price in Karnataka E-Auctions

15 March 2019 Time: 15:15
India's largest iron ore miner - National Mineral Development Corporation (NMDC) has announced a hike in floor prices in upcoming Karnataka e-auctions scheduled on 1st Mar’19. Iron ore base prices at NMDC Kumaraswamy have increased by around INR 400/MT in both fines and lumps.
 

Sustainability pressure turns into competitive advantage for miners — report

14 March 2019 Time: 23:07
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.
 

Pan African Minerals’ $2.2B claim over giant manganese deposit contract dismissed by court

14 March 2019 Time: 22:54
Pan African Minerals, a unit of Timis Mining Corp., won’t resume production at its Tambao mine in Burkina Faso as a Paris-based arbitration court has dismissed the company’s $2.2 billion claim against the West African nation.
Auto
 

US automakers increase EV investments

23 March 2019 Time: 18:34
US automakers this week announced more than $1.1bn in investments into electric vehicle (EV) production plants, expanding on the recent trend.
 

Amnesty accuses electric vehicles makers of using unethically sourced minerals

21 March 2019 Time: 21:27
Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.
 

Chinese electric vehicle makers are gorging on nickel

21 March 2019 Time: 21:15
Battery metals tracker Adamas Intelligence says Chinese electric vehicle manufacturers deployed 253% more nickel in passenger EV batteries in January this year compared to 2018.
 

Indian Domestic HRC Trades Slow down; Automobile Sales Disappoint

18 March 2019 Time: 15:26
This week Indian HRC prices witnessed slight increase in traders market after announcement of sharp price hike by INR 1000-1500/MT by major Indian steel mills last week for March deliveries.However dull trades restricted surge in prices in trade segment this week.
 

Renault to Return to Iran: Deputy Minister

15 March 2019 Time: 21:54
An Iranian deputy minister said French carmaker Renault SA will return to Iran after it halted cooperation with Iranian companies under the US sanctions.
 

Classic Cars on Show in Shiraz

14 March 2019 Time: 20:10
Avintage car show will be held at Pars Stadium in the southern city of Shiraz, Fars Province, on Friday and more than 200 vintage cars from across the country will be on display.
ECONOMY
 

6th Oil Offer on Iran Energy Exchange Next Week

27 February 2019 Time: 20:03
The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round with regard to volume and purchasing terms.
 

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).
 

LME launches seven new contracts to try to boost volumes, profit

12 March 2019 Time: 17:58
The London Metal Exchange (LME) is launching seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year.
 

The greatest capital increase in the history of stock exchange / Mobarakeh Steel Co. (MSC) still excelling at stock exchange

10 March 2019 Time: 14:59
Me-Metals – Bahman Ayyar Rezaei – an experienced member of the board of directors of Isfahan’s Mobarakeh Steel Co. (MSC) stated: Mobarakeh Steel Co. (MSC) with 130,000 Billion rials capital, multiplied distance from the second company in stock exchange.
 

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.
 

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.
 

Established companies and start-ups Stronger together: Digitisation is dematerialisation

23 March 2019 Time: 17:55
Established companies offer the greatest potential for digital transformation. However, traditional industrial companies are too focused in the concentration of their digitisation strategy on optimisation of the processes used in their existing business.
 

Amnesty accuses electric vehicles makers of using unethically sourced minerals

21 March 2019 Time: 21:27
Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.
 

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.
 

US targets banks after Venezuela arrests Guiado aide

23 March 2019 Time: 18:51
The US administration today imposed sanctions on Venezuelan state-owned National Development Bank (Bandes) and other financial institutions to protest the arrest yesterday of a top aide to Juan Guaidó, whom Washington recognizes as the country's interim leader.
 

Electronic Payment Co. Invests in Online Taxi Firm

7 March 2019 Time: 19:15
In return for an 8.5% stake in online taxi company TAP30, Saman Electronic Payment (SEP), affiliated to Bank Saman, has invested an undisclosed amount in the ride-hailing firm.
 

Tehran to Host Commercial Forum With India Next Week

4 March 2019 Time: 21:36
Ajoint commercial forum, scheduled in Tehran on March 13, will host businesses from Iran and India.
 

CBI Chief: FATF Crucial for Foreign Banking Ties

2 March 2019 Time: 19:40
Governor of the Central Bank of Iran Abdolnaser Hemmati says recommendations of the anti-money laundering body, the Financial Action Task Force, are part and parcel of international banking norms and thus essential for financial ties to the outside world.
 

Iran Knowledge-Based Firms Borrow $384m

28 February 2019 Time: 14:57
Banks lent 51.9 trillion rials ($384 million) to 626 knowledge-based companies by the end of the third quarter of the current fiscal on December 21.
 

Envoy: Japan to Maintain Economic Ties with Iran

27 February 2019 Time: 20:41
Japan’s ambassador to Tehran expressed his country’s resolve to proceed with economic cooperation with 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.
 

Bangladesh: Ship Breaking Imports Fall Sharply in Feb 2019

20 March 2019 Time: 22:43
Bangladesh- one of the world's largest ship re-cycler and has remained still in the top buyers list of ship breaking scrap in Feb’19. Scrapped ship imports fell to 21 in Feb'19, as per the SteelMint’s assessment.
 

SE Asia: Imported Scrap Market Observes Limited Trades

16 March 2019 Time: 19:48
SteelMint learned from market participants that imported scrap trades in SE Asia remained limited on high offers and availability of stocks in hand. Most of the steel mills likely to wait for the next couple of weeks to start end-April & May delivery shipments.
 

Pakistan Asks ECO President for Help to Link Railways with Iran, Turkey

15 March 2019 Time: 22:05
Islamabad is eyeing the help and cooperation of the Economic Cooperation Organization (ECO) in restoring rail network among Islamabad, Tehran, Istanbul and central Asian countries.
 

Boeing 737 Max Banned From Iran Airspace

15 March 2019 Time: 21:45
Iran has banned Boeing 737 Max 8 and 9 from its airspace due to safety concerns raised following the deadly crash of an Ethiopian Airlines flight last week.
 

Gorgan Int'l Airport to Launch New Flights

13 March 2019 Time: 20:49
Gorgan International Airport will start operating two new flights to three new destinations, namely Rasht, Tabriz and Aktau in Kazakhstan, in the new Iranian year (starting March 21), the director general of Golestan Airports Company announced.
 

President Inaugurates Railroad Line North of Iran

10 March 2019 Time: 15:12
Iranian President Hassan Rouhani on Wednesday inaugurated a railroad line connecting the city of Qazvin to the provincial capital of Rasht in northern Iran.
GEOLOGY
 

Dust samples from asteroid could help understand origin of precious minerals

25 February 2019 Time: 18:05
Scientists at the Japan Aerospace Exploration Agency or JAXA reported this week that the Hayabusa2 spacecraft touched down on the asteroid Ryugu and will start collecting samples of the dust in its surface.
 

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.
ENVIRONMENT
 

Norway Oil, Gas Divestment Spares Producers

10 March 2019 Time: 15:07
Norway took a partial step in divesting oil and gas stocks in its massive $1-trillion wealth fund, approving the sale of smaller exploration companies while sparing the biggest producers such as Royal Dutch Shell Plc and Exxon Mobil Corp.
 

BHP injects $6m into emissions reduction company

5 March 2019 Time: 15:55
BHP (ASX:BHP), the world’s largest mining company, has invested $6 million in Carbon Engineering (CE), a Canadian start-up developing technologies that suck carbon dioxide directly from the atmosphere and use it to make synthetic fuel.
 

Tehran to Host 2nd Int'l ECO Energy Conference

26 February 2019 Time: 17:39
The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.
 

Leading Edge Technology – Protecting the Environment

26 February 2019 Time: 16:48
At REMET they understand that it is important to respect and look after the environment, which is why they have introduced products that are designed to help you to reduce your foundry’s impact on the 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.
ENERGY
 

ITC tank farm fire reignites: Update 2

23 March 2019 Time: 16:30
A fire reginited today at Intercontinental Terminals' (ITC) storage facility in Deer Park, Texas.
 

Oil Refiners Reveal Hints About Expected Boom

19 March 2019 Time: 14:45
Oil refiners are getting ready for a boom. The plants in Europe and the US are scaling back planned maintenance later this year in anticipation of a surge in demand and fatter margins as the shipping industry gets ready for a historic fuel switch.
 

OPEC to Keep Oil Cuts in Place

19 March 2019 Time: 13:50
OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and the crisis in Venezuela.
 

UK Crude Loadings Continue to Fall

19 March 2019 Time: 00:29
The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime and Trade at IHS Markit, said.
 

OPEC’s Mohammad Barkindo: Rebound in Oil Investments Minimal

18 March 2019 Time: 17:41
Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said.
 

NIOC Hunting for Ships to Keep Exporting Oil

14 March 2019 Time: 20:00
National Iranian Oil Company is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as US sanctions start to bite, Iranian and western sources said.
 

UK Crude Loadings Continue to Fall

19 March 2019 Time: 00:29
The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime and Trade at IHS Markit, said.
 

OPEC’s Mohammad Barkindo: Rebound in Oil Investments Minimal

18 March 2019 Time: 17:41
Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said.
 

Iran to Inaugurate New Phases of South Pars Gas Field Soon

15 March 2019 Time: 22:00
The phases 22 to 24 of Iran’s giant South Pars gas field located in the southern province of Bushehr are slated to be inaugurated in coming days, the project’s manager said.
 

Gas Pipeline Explosion Kills Five in Khuzestan

15 March 2019 Time: 20:33
Five people were killed and six injured on Thursday in a gas pipeline explosion in southwestern Khuzestan Province, Ahvaz governor said.
 

Iran Resolved to Boost Exports to Iraq: President

13 March 2019 Time: 20:59
The president of Iran voiced the country’s readiness to expand trade ties with Iraq and increase exports to the neighboring state.
 

Pakistan to Offer Gas Fields to Foreign Investors

13 March 2019 Time: 19:34
Pakistan plans to offers dozens of gas field concessions in the coming year to fill in a fuel shortage, a senior official said, with Islamabad hoping a sharp drop in militant violence and changes to exploration policy will attract foreign investors.
 

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.
 

MP: Completion of Andimeshk Petchem Plant Proves US Sanctions’ Ineffectiveness

10 March 2019 Time: 15:45
A member of the Iranian parliament said implementation of the ethylene oxide plant in the southwestern city of Andimeshk would prove the ineffectiveness of the US sanctions on Iran.
 

PGPIC to Build Ethylene Plant in Iran's Andimeshk

4 March 2019 Time: 21:06
Construction of a new ethylene oxide plant will begin soon in Andimeshk, Khuzestan Province, director of public relations of Persian Gulf Petrochemical Industries Company said Saturday.
 

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.
 

Water-Stressed Pakistan Looks for Donations to Build Dams

25 February 2019 Time: 13:21
As Pakistan faces worsening water scarcity - and trouble sourcing international cash for hydropower dams it says it needs - it has turned to an unlikely source of cash: A fundraising campaign backed by the country’s top court judges.
 

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 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).
 

Pakistan Govt Likely to Increase Electricity Tariff - Sources

18 March 2019 Time: 15:30
As per industry sources report to SteelMint, Pakistan’s Government has indicated a hike in electricity tariffs by upto around 25% over the next few months period.
 

China to Further Reduce Power Prices

12 March 2019 Time: 16:18
China’s state-owned State Grid Corp promised further power price reductions for industrial and business users to support the economy, the company said on Sunday.
 

Iran’s Bushehr Nuclear Power Plant Undergoing Overhaul

3 March 2019 Time: 20:09
An Iranian official said the country’s nuclear power plant near the southern port city of Bushehr has been shut down for periodic maintenance and fuel reloading, and will be reconnected to the national grid in a couple of weeks.
 

Neighbors Have No Better Option than Iran for Importing Electricity: Minister

3 March 2019 Time: 19:45
Iranian Energy Minister Reza Ardakanian highlighted the neighboring countries’ willingness to import electricity from the Islamic Republic and said they cannot find a better option.
 

India eyes guaranteed power supplies ahead of elections

1 March 2019 Time: 21:46
The Indian government is stepping up efforts to guarantee electricity supplies to all households ahead of national elections, but actual coverage may fall short of the stated goals.
 

Iran, Russia, Azerbaijan Discuss Ways of Harnessing Power Infrastructure

27 February 2019 Time: 19:26
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and Iran, Russia’s Deputy Energy Minister Anatoly Yanovsky said Monday.
 

INSTEX President in Tehran for Talks with Iranian Officials

13 March 2019 Time: 21:26
The president of the European Union’s financial mechanism for trade with Iran known as the Instrument in Support of Trade Exchanges (INSTEX) has traveled to Tehran to hold talks with senior Iranian officials on ways to make the mechanism operational.
 

EU to Make Sure Iran Will Receive Economic Dividends of JCPOA: Mogheirni

13 March 2019 Time: 21:20
European Union Foreign Policy Chief Federica Mogherini said the 28-member bloc would continue to make sure that Iran will reap the benefits of the 2015 nuclear deal between Tehran and world powers as the issue of sanctions relief was an integral part of the deal.
 

Should we rethink nuclear power?

11 March 2019 Time: 14:30
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe.
 

EU Expresses ‘Resolute Commitment’ to JCPOA, 'Regrets' US Pullout

10 March 2019 Time: 15:37
The European Union expressed its “resolute commitment” and “continued support” for the 2015 nuclear deal between Tehran and world powers, stressing that it will continue working with the international community to maintain the multilateral accord despite Washington's withdrawal.
 

US Senator Seeking to Make Trump’s JCPOA Pullout Permanent

10 March 2019 Time: 15:32
US Senator Jim Inhofe wants to codify President Donald Trump’s measures against the 2015 nuclear deal between Tehran and world powers so that it will not be re-established, a report said.
 

JCPOA Parties Reiterate Support for Iran: Diplomat

10 March 2019 Time: 15:27
An Iranian deputy foreign minister said Russia, China, Britain, France and Germany have reaffirmed their strong support for the 2015 Iran nuclear deal and for Tehran after the US withdrawal from the accord.
 

Iran Resolute to Increase Renewables Capacity

24 February 2019 Time: 18:35
Iranian Energy Minister Reza Ardakanian said that the country is after boosting its renewable energies capacity, urging relevant bodies in the country to spare no efforts to this end.
 

WORLD’S LARGEST SINGLE-PIECE ROCKET ENGINE 3D PRINTED ON THE SLM®800 SELECTIVE LASER MELTING MACHINE

22 February 2019 Time: 22:36
Orbex has introduced the world’s largest metal rocket engine 3D printed in a single piece on the SLM®800. Founded in 2015, the UK-based spaceflight company develops small satellite launch vehicles and introduced Prime, their revolutionary and environmentally-friendly rocket at the grand opening of their new headquarters in Forres, Scotland. The novel Orbex launcher not only uses 100% renewable fuel to cut carbon emissions by 90% and a novel zero-shock staging and payload separation resulting in zero orbital debris, but was also design-optimized for selective laser melting, helping to create a structure 30% lighter and 20% more efficient than any other launch vehicle in its category.
 

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.
 

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.
 

Should we rethink nuclear power?

11 March 2019 Time: 14:30
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe.
 

Oil's big reset: Energy majors learn to thrive after price crash

11 March 2019 Time: 14:21
When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most — burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices.
 

Iran, Azerbaijan Poised to Increase Energy Cooperation

6 March 2019 Time: 20:03
Iranian Energy Minister Reza Ardakanian said that Tehran and Baku are discussing ways to boost cooperation in the energy sector, highlighting that Azerbaijan will serve as a link to connect Iran’s electricity grid with Russia and Georgia.
 

Tehran to Host 2nd Int'l ECO Energy Conference

26 February 2019 Time: 17:39
The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.
 

Iran Resolute to Increase Renewables Capacity

24 February 2019 Time: 18:35
Iranian Energy Minister Reza Ardakanian said that the country is after boosting its renewable energies capacity, urging relevant bodies in the country to spare no efforts to this end.
 

Iran Unveils 5 New Energy, Material Achievements

21 February 2019 Time: 18:48
Iran’s Defense Minister Brigadier General Amir Hatami unveiled 5 successful industrial and research achievements of the Energy Sources Development Organization (ESDO) on Wednesday.
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’.
 

86% Rise in Tehran Home Prices

25 February 2019 Time: 13:27
The average price of each square meter of a residential unit in Tehran stood at 100.6 million rials ($76.8) in the 11th Iranian month (Jan. 21-Feb. 19), showing a 3% rise compared with the preceding month and an 86% increase compared with the same month of last year.
 

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.
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"
 

Japanese Space Probe Touches Down on Distant Asteroid

23 February 2019 Time: 19:28
AJapanese space probe named after a falcon, Hayabusa 2, has touched down on an asteroid more than 300 million km from Earth on a mission to seek clues about the origins of life, Japan’s space agency said on Friday.
 

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.
 

Established companies and start-ups Stronger together: Digitisation is dematerialisation

23 March 2019 Time: 17:55
Established companies offer the greatest potential for digital transformation. However, traditional industrial companies are too focused in the concentration of their digitisation strategy on optimisation of the processes used in their existing business.
 

2 Iranian Companies Sign MVNO Agreement

9 March 2019 Time: 17:46
Iran Electronics Industries (Sairan) has signed an agreement with local Internet service provider HiWeb for establishing a mobile virtual network operator.
 

Robotics, AI Competition in Tehran

4 March 2019 Time: 21:27
The Eighth International Amirkabir Robotics and Artificial Intelligence Competitions (AUTCup 2019) opened Saturday at the Tehran International Fairgrounds.
 

Student Robotic Contest in Tehran

2 March 2019 Time: 19:24
Anational student robotic contest Roboticup 2019 opened Thursday at the Tehran University with the participation of more than a thousand elementary and high school students.
 

Telecom Services Expanding in Iran Rural Areas

27 February 2019 Time: 20:21
Broadband Internet services will be available in almost all rural areas in Iran by the end of the next Iranian year (March 2020), according to the ICT Ministry.
 

NASA Clears SpaceX Unmanned Test Flight to Space Station

25 February 2019 Time: 13:59
NASA gave its final go-ahead on Friday to billionaire entrepreneur Elon Musk’s SpaceX company to conduct its first unmanned test flight of a newly designed crew capsule to the International Space Station on March 2.
 

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.
 

Student Robotic Contest in Tehran

2 March 2019 Time: 19:24
Anational student robotic contest Roboticup 2019 opened Thursday at the Tehran University with the participation of more than a thousand elementary and high school students.
 

Iran Knowledge-Based Firms Borrow $384m

28 February 2019 Time: 14:57
Banks lent 51.9 trillion rials ($384 million) to 626 knowledge-based companies by the end of the third quarter of the current fiscal on December 21.
 

Telecom Services Expanding in Iran Rural Areas

27 February 2019 Time: 20:21
Broadband Internet services will be available in almost all rural areas in Iran by the end of the next Iranian year (March 2020), according to the ICT Ministry.
 

Japanese Space Probe Touches Down on Distant Asteroid

23 February 2019 Time: 19:28
AJapanese space probe named after a falcon, Hayabusa 2, has touched down on an asteroid more than 300 million km from Earth on a mission to seek clues about the origins of life, Japan’s space agency said on Friday.
 

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.
Scrap & Recycling
 

Pakistan: Imported Scrap Prices Stable in Recent Deals

22 March 2019 Time: 15:47
SteelMint learned in recent conversation with participants that imported scrap market in Pakistan has observed improved buying interest amid improving local market sentiments this week.
 

Canadian Raw Material Exports Hit Record-High in CY'18

22 March 2019 Time: 14:26
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 47.68 MnT in CY'18. The exports depicted rise of 16% as compared to CY'17 exports at 41.12 MnT.
 

Bangladesh: Imported Scrap Market Silent amid Subdued Demand

21 March 2019 Time: 15:55
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades for imported scrap amid subdued demand this week.
 

South Korean Ferrous Scrap Imports Hit 4 Year High Amid Increased Bulk Imports

21 March 2019 Time: 15:48
Japanese scrap exports to South Korea recorded above 0.40 MnT mark successively for the 2nd month while US scrap exports hit 5-month high in Feb'19
 

Turkey: Imported Scrap Prices Range-Bound in Recent Trades

21 March 2019 Time: 15:23
SteelMint learned from industry participants that Turkey’s imported scrap market has observed limited bookings so far this week at almost stable prices. However, steel mills remain hesitant to buy aggressively amid high offers and weak finish steel demand.
 

Bangladesh: Ship Breaking Imports Fall Sharply in Feb 2019

20 March 2019 Time: 22:43
Bangladesh- one of the world's largest ship re-cycler and has remained still in the top buyers list of ship breaking scrap in Feb’19. Scrapped ship imports fell to 21 in Feb'19, as per the SteelMint’s assessment.
METALLURGY
 

Full speed with investment casting! BLANK develops smart lightweight solution for motor racing

23 March 2019 Time: 18:02
Weight savings is essential in racing. The competitive advantage can be gained with the best, light weight design. Every gram that can be saved on the racing car can make it faster and more agile. Victory or defeat can be determined by only one millisecond.
 

The Foundry in Transition through Digitization

23 March 2019 Time: 17:43
63rd Austrian Foundry Conference in Schladming from April 11th-12th
 

Laempe Mössner Sinto: Focus on overall efficiency in core-making

11 March 2019 Time: 20:07
Lowest costs per core thanks to digitization. Visit Laempe Mössner Sinto at GIFA in Hall 17 Stand B40.
 

Leading Edge Technology – Protecting the Environment

26 February 2019 Time: 16:48
At REMET they understand that it is important to respect and look after the environment, which is why they have introduced products that are designed to help you to reduce your foundry’s impact on the environment.
 

WORLD’S LARGEST SINGLE-PIECE ROCKET ENGINE 3D PRINTED ON THE SLM®800 SELECTIVE LASER MELTING MACHINE

22 February 2019 Time: 22:36
Orbex has introduced the world’s largest metal rocket engine 3D printed in a single piece on the SLM®800. Founded in 2015, the UK-based spaceflight company develops small satellite launch vehicles and introduced Prime, their revolutionary and environmentally-friendly rocket at the grand opening of their new headquarters in Forres, Scotland. The novel Orbex launcher not only uses 100% renewable fuel to cut carbon emissions by 90% and a novel zero-shock staging and payload separation resulting in zero orbital debris, but was also design-optimized for selective laser melting, helping to create a structure 30% lighter and 20% more efficient than any other launch vehicle in its category.
 

Industry Vane - METAL CHINA 2019

22 February 2019 Time: 19:33
As the vane of the foundry industry, the 17th China International Foundry Expo (METAL CHINA 2019) will be held in March 13-16, 2019 and lead the industry development. The world foundrymen will gather in Shanghai in March.
 

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.
 

India: Silico Manganese Prices Under Pressure Amid Low Demand

19 March 2019 Time: 21:44
Indian Silico Manganese prices remained unchanged for Durgapur. However prices fell by INR500/MT in Raipur amid persistent low demand.
 

Will Graphite Electrode Prices Revive in coming days of 2019?

16 March 2019 Time: 20:28
Graphite electrode makers around the globe had a wonderful run for almost a year starting from the latter half of 2017 amid supply-side structural changes in China which led to the promotion of steel production through electric furnace (EAF) route, ultimately resulting in the significant rise in the graphite electrodes demand and prices in China.
 

Gold and graphene now used in biosensors to detect diseases

11 March 2019 Time: 13:57
Graphene and gold are now being used in ultrasensitive biosensors to detect diseases at the molecular level with near perfect efficiency.
 

China’s Graphite Electrode Major Fangda Carbon Forecasts Significant Rise in Profits for 2018

8 March 2019 Time: 08:11
China’s largest Graphite electrodes (GE) producer, Fangda Carbon has recently announced its performance forecast for the year 2018.
 

Iran’s IMIDRO Seeks Remaining Funding for its Graphite Electrodes Project amid Shortage

6 March 2019 Time: 08:21
According to the latest reports, Iran’s IMIDRO (Iranian Mines and Mining Industries Development and Renovation Organisation) has sought remaining funds required by Mar’19 for the completion of the first graphite electrodes plant in the country.
 

U.S. Graphite Electrodes Major GrafTech Records Robust Sales and Profits in 2018

4 March 2019 Time: 16:27
U.S. based graphite electrode producer, GrafTech has announced its fourth quarter (Sep-Dec) results as well as annual performance for the fiscal year 2018. The key highlights of the company's performance are as below.
 

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
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