Cement & Concrete
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.
Based in Dubai, U.A.E, and referring to the Services Department, this entity aims at supporting Fives' customers through a local presence and a complete offer of services: upgrade and revamping projects, technical assistance, supply of spare parts, on-site machining, etc.
Thus, Fives will provide customers with comprehensive solutions and efficient services to empower their plant while reducing operational costs.
The Iranian Mines and Mining Industries Development and Renovation Organization has increased its research and development budget from 170 billion rials ($963,172) in the last fiscal year (March 2019-20) to 230 billion rials ($1.3 million) this year
The Finnish Financial Supervisory Authority has today on May 20, 2020, approved a supplement to the Finnish language demerger prospectus (the “Prospectus”) relating to the combination of Outotec Oyj (“Outotec”) and Metso Corporation’s (“Metso”) Minerals business (the “Metso Minerals Business”).
Iran has decided to produce 33 million tons of steel in the current Iranian calendar year (started March 20, 2020), a statistical study said.
Methanol sellers in Asia and the Middle East are under pressure to cut production rates or face demurrage costs as Chinese storage tanks have no space left.
Iran has extracted 64.274 million tons of iron ore during the past Iranian calendar year (ended on March 19), IRNA reported on Monday, citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Australia-focused market analyst Resources Monitor issued a short report stating that the island country is bound to overtake China in 2021 as the world’s largest gold producer.