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Iran to start up newly-discovered lithium mines by 2025
Mar 06, 2023 02:53An official from Iran’s Ministry of Industry, Mine and Trade (MIMT) says the country will be able to extract lithium from two newly-discovered lithium deposits in the next two years.
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Iran’s export of minerals exceeds $11 billion in 11 months
Mar 04, 2023 13:59Iran’s export of mining products and minerals in the first 11 months of the current Iranian year (March 21, 2022 to February 22, 2023) surpassed $11 billion.
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Iran, Oman stress on removing banking barriers
Mar 04, 2023 12:46Iranian and Omani officials have called for removing banking barriers in a bid to further expand mutual ties.
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Iranian Embassy announces launch of Iran-Venezuela direct shipping route
Mar 03, 2023 11:14Iran's Embassy in Caracas has announced the official launch of a direct shipping route between the Islamic Republic and Venezuela to enhance trade ties amid US sanctions.
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President Raeisi inaugurates mega water transfer project to save shrinking Lake Urmia
Feb 24, 2023 11:26President Ebrahim Raeisi has inaugurated a major project to transfer water to Lake Urmia amid hopes that the plan could ease environmental concerns about drying up of the lake in northwestern Iran.
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Iran’s Saipa signs €450 mln deal to start car exports to Russia
Feb 22, 2023 14:22Iran’s second largest carmaker Saipa has finalized a contract to launch exports to Russia amid efforts by Iranian automotive companies to expand their presence in the Russian car market nearly a year after Western brands left the country because of the sanctions over the Ukraine war.
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Iran reports highest global growth rate in steel output in 2022
Feb 01, 2023 02:39Iran had the largest growth rate in steel production in the world in 2022, according to latest figures by the World Steel Association (worldsteel).
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Iran-Venezuela relationship develops beyond energy
Nov 23, 2022 08:08Iran is planning to ship another 2,000 cars to Venezuela, an Iranian trade official says, in a further sign of a burgeoning relationship that appears to be developing beyond energy.
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Chinese firms vie for €3 billion Tehran airport terminal project
Nov 22, 2022 10:51Three billion euros worth of projects have been approved for implementation by the private sector at Imam Khomeini Airport City (IMKA), where eight Chinese companies have announced readiness to build a terminal, the airport’s Director General, Saeed Chalandari says.
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Iran: Central Bank to start selling forex bonds to stabilize currency market
Nov 15, 2022 15:28The Central Bank of Iran (CBI) says it will start selling US dollar denominated bonds for a first time as part of its foreign exchange stabilization program.