News List
The Ghaenat Steel Complex towards the production of ingots
By having the BC01 strip in the steelmaking sector, the Ghaenat Steel Complex is closer to the continuous production of steel ingots; it is not only a technical step, but also a highlighted sign of the company’s accelerated movement towards realizing the dream of sustainable production. 🔹️According to the Public Relations of Ghaenat Steel…
Rio Tinto increased ore production in Q2 to its highest level since 2018
In the second quarter of 2025, mining company Rio Tinto achieved its highest level of iron ore production in Australia’s Pilbara region since 2018. Total production amounted to 83.7 million tons, which is 20% more than in the previous quarter and 5% more year-on-year. This is stated in Rio Tinto’s quarterly report. The company…
The possibility of 30 to 40 percent increase in exports of mine and mining industries
IMIDRO’s Chairman of the Executive Board of Directors declared: Regarding Iran’s geographical location and the existing production capacity in the country’s mine & mining industries sector, the volume of exports can be increased by 30 to 40 percent. Quotting IMIDRO’s public relations, Mohammad Aghajanlou, speaking at the “Review of Obstacles of the Mineral Products…
Inauguration of the Country’s Largest Solar Power Plant in Mobarakeh Steel Co
The inauguration of the Aftab Shargh project in Mobarakeh Steel Group, and the commencement of supplying electricity to the steel industry from solar energy, triggered significant reactions from high-ranking officials of the country. According to Chilan, on Thursday, the first phase of the country’s largest concentrated solar power plant was inaugurated by Mobarakeh Steel…
Iron Ore Prices Surge
Iron ore futures in Singapore surged toward $100 a ton — the highest since May — fueled by renewed pledges from the Chinese government to curb overcapacity in key industrial sectors. Beijing’s comments have boosted sentiment across ferrous markets. Singapore futures jumped as much as 3.6% during the session, marking the largest daily gain…
Govt. eyes 3,000 MW renewable energy capacity by Mar. 2026
TEHRAN – Iran’s push to expand renewable energy capacity is gaining momentum, with Energy Minister Abbas Aliabadi unveiling a new 100-megawatt renewable energy project and expressing hope that total installed capacity will exceed 3,000 megawatts by the end of the current Iranian year (March 2026). According to IRNA, under the Seventh National Development Plan,…
Practical solutions to resolve the energy crisis in the industry/ The Ministry of Industry, Mine and Trade’s support packages are the key to facilitate the production.
The Minister of Industry, Mine and Trade received a report on the status of production and manufacturing enterprises in a meeting with the Governor of Isfahan. Solutions to compensate for the energy imbalance and the features of the “Industry and “Production Support Package,” were discussed and reviewed. Seyed Mohammad Atabak, during a trip to…
Chinese steelmakers propose adding scrap metal to the list of strategically important resources
It is also recommended to create a system for its processing, classification, and distribution The China Iron and Steel Association (CISA) has proposed that the government add steel scrap to the list of strategically important resources. This was discussed at the association’s meetings on the green and low-carbon development of the country’s steel industry,…
Iran to offer $360m in private mining investment packages by Mar 2026
Iran will offer 30 mining investment packages worth a combined 180 trillion rials (approximately $360 million) to the private sector by the end of the current Iranian year (late March 2026), a senior official said on Monday. Mohammad Aghajanlou, chairman of the executive board of directors of the Iranian Mines and Mining Industries Development…
Iranian Customs announced: imports of machinery with advanced technology would be exempt from customs duties if they replace outdated ones
According to IRNA’s economic correspondent, the Director-General of Imports of Iranian Customs notified a directive to executive customs offices regarding the exemption of customs duties for importing machinery with advanced technology by replacing outdated machineries. Therefore, as the Office of Export and Import Regulations of the Ministry of Industry, Mine and Trade has notified…
