Sunday - 1/20/2019
  • Private sector invests over $100m in Chabahar Port
    Private sector invests over $100m in Chabahar Port

    Tehran is focusing on development of the strategic port in a bid to complete one of the main infrastructures of the North-South Transit Corridor.

    1/19/2019 12:00:00 AM
    More
  • 50% of mining exports income injected to NIMA
    50% of mining exports income injected to NIMA

    TEHRAN- According to the latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) domestic mining companies have injected 50 percent of their revenues to the Forex Management Integrated System, locally known as NIMA, since the beginning of the present Iranian year 1397 (started March 21, 2018) to December 31, 2018.

    1/8/2019 12:00:00 AM
    More
  • Top Brass of Iran Steel Industry Warm Up to ISMC 2019
    DEN Events:
    Top Brass of Iran Steel Industry Warm Up to ISMC 2019

    the powerhouses of Iranian steel production were urged to accept the challenges created by the new round of sanctions reimposed by the United States and offer workable solutions to manage the risks during the upcoming edition of the annual two-day "Iranian Steel Market Conference" (ISMC 2019).

    1/8/2019 12:00:00 AM
    More
  • Vale sees key mine topping iron ore output forecasts in 2018 -source
    Vale sees key mine topping iron ore output forecasts in 2018 -source

    RIO DE JANEIRO, May 24 (Reuters) – Brazilian miner Vale SA expects iron ore output at its premier S11D mine to reach 58 million tonnes this year, above an official forecast of 50 million to 55 million tonnes, a person familiar with the matter said.

    5/29/2018 12:00:00 AM
    More
  • Fortescue goes ahead with $1.3bn iron ore project in Western Australia
    Fortescue goes ahead with $1.3bn iron ore project in Western Australia

    Australian iron ore producer Fortescue Metals Group (ASX:FMG) is going ahead with its plans to build a new $1.3 billion mine in the Pilbara region, which will lift the grade of its ores and so satisfy the new demands of its biggest customer, China, which is increasingly asking for higher quality ore for steel mills to help cut smog.

    5/29/2018 12:00:00 AM
    More
  • Iran Steel Industry Risks, Rewards
    Iran Steel Industry Risks, Rewards

    The Iranian steel industry has survived the 2015-16 valley of death and is now reaping the benefits of an improving global market condition.

    2/3/2018 12:00:00 AM
    More
  • Iron Ore Giant to Issue Bonds Next Week
    Iron Ore Giant to Issue Bonds Next Week

    Iran’s iron ore giant Golgohar Mining and Industrial Complex plans to issue 3 million Islamic bonds worth 3 trillion rials (about $66 million) next week to finance the purchase of ore concentrate production machinery.

    2/3/2018 12:00:00 AM
    More
  • Inauguration of 2 Iron Ore Processing Plants in Sangan
    Inauguration of 2 Iron Ore Processing Plants in Sangan

    Two iron ore processing plants were inaugurated in Sangan by First Vice President, Es’haq Jahangiri. Also, Minister of Industry, Mine and Trade, Mohammad Shariatmadari and chairman of the board of IMIDRO, Mehdia Karbasian attended the inauguration ceremony.

    2/3/2018 12:00:00 AM
    More
  • Iron ore nears $80 a tonne
    Iron ore nears $80 a tonne

    Prices for the steelmaking material up almost 50% since beginning of the year.

    8/27/2017 12:00:00 AM
    More
  • Iron ore soars at $76 a tonne
    Iron ore soars at $76 a tonne

    Iron ore hit its highest level since April driven by the demand of China’s steel industry, whose production grew by 4.6 per cent in the first half of this year and whose imports of the steelmaking raw material are on course to exceed 1 billion tonnes in 2017.

    8/8/2017 12:00:00 AM
    More