News List
Vale promotes decarbonization of its operations in Oman
The company signed an agreement with OQ Alternative Energy to supply power to the factory in Sohar. Brazilian mining company Vale has signed an agreement (HOA) with OQ Alternative Energy as part of its strategy to decarbonize its operations in Oman and transition to industrial energy use from renewable sources. This is reported by…
Tata Steel plans capital expenditures of $1.76 billion in India and Europe for the current fiscal year
The company also intends to invest $2.5 billion in its Singapore unit to strengthen its European operations. Indian steel company Tata Steel has planned capital expenditures of about $1.76 billion for the 2025-26 fiscal year for its operations in India, the United Kingdom and the Netherlands, Manufacturing Today reports. About $1.29 billion will be…
Iron ore touches over 2-week high
Prices of iron ore futures touched a more than two-week high on Tuesday, supported by a U.S.-China temporary trade agreement, although caution over a final deal and potentially slower near-term demand limited gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! traded 1.56% higher at 718 yuan ($99.82) a…
Ministry of Economy considers decision on quota for scrap exports
A zero quota could be implemented until the end of 2025 until a systemic solution to re-exporting raw materials is found The Ukrainian Economy Ministry is considering the possibility of introducing a zero quota for the export of scrap metal. It is expected that such a decision may be taken in the near future.…
Atabak: The Ministry of Industry, Mine and Trade insists on banning the import of foreign goods which have similar domestically production
The Minister of Industry, Mine and Trade, while emphasizing that there has been no change in the ministry’s definite policy of maximum support of domestically produced goods by a variety of methods, stated: “The Ministry of Industry, Mines and Trade, as in previous years, will use various methods to support domestically produced goods, one…
Niger welcomes imports of Iranian mineral products
Niger’s Ambassador to Iran Seydou Zetau Ali said his country welcomes imports of mineral and mining industry products from Iran and is keen for the Islamic Republic to play a concrete role in Niger’s mining sector. In a meeting on Monday with Mohammad Aghajanlou, Iran’s deputy industry minister and head of the Iranian Mines…
Iron ore pellet export reaches $918m in a year
Iran’s value of iron ore pellet export stood at $918 million in the past Iranian calendar year 1403 (ended on March 20), the Iranian Steel Producers Association (ISPA) reported. As ISPA announced, the figure shows a 16-percent annual drop, as the country had exported $1.096 billion of iron ore pellet in the year 1402.…
May the memory and remembrance of the martyrs of service and our honorable martyr president, Seyyed Ebrahim Raisi, be honored
The anniversary of the martyrs of service is a reminder of the sacrifice and selflessness of the country,s defenders. We convey our deepest Condolences to all compatriots ,on the anniversary of the martyrdom of the martyrs of service and the our honorable martyr president Seyyed Ebrahim Raisi.
Coking coal in China fell by $4/t in the first half of May
Spot coking coal prices in China fell by $4/t to $175/t EXW from April 25 to May 9, according to Kallanish. Local mines are currently experiencing surplus production. This is forcing them to reduce their selling prices. Meanwhile, demand from coke plants remains stable. Oversupply in the Chinese market has reduced imports. Consignments of…
Iran offers to share mineral exploration, processing expertise with Afghanistan
Iran’s Minister of Industry, Mining and Trade Seyed Mohammad Atabak has announced Tehran’s readiness to transfer technical expertise and experience in mineral exploration, extraction, and processing to Afghanistan. According to the Industry Ministry, Atabak made the remarks during a meeting with Hedayatullah Badri, acting Minister of Mines and Petroleum of Afghanistan, expressing hope that…
