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Growth in Output of 18 Industrial Products

EghtesadOnline: The Ministry of Industries, Mining and Trade's review of the first four months of the current Iranian year (March 20-July 21) shows that the output of 18 industrial and mineral products registered growth compared with the same period of last year.
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Publish Date:26/August/2020 | 13:05

1,100 Unlawful Crypto Mining Farms Busted

EghtesadOnline: The Power Generation, Distribution and Transmission Company (Tavanir) has identified and shut 1,100 unlicensed crypto mining farms with the help of whistleblowers.
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Publish Date:22/August/2020 | 24:45

Mining Sector’s Water Consumption Untenable

EghtesadOnline: The Majlis Research Center, the research arm of the parliament, says how average amount of water used to produce metals, namely gold and copper, in Iran is five times above international norms.
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Publish Date:17/August/2020 | 11:41

Majlis Rejects Industries Ministry Nominee

EghtesadOnline: Iran’s conservative-dominated parliament voted against President Hassan Rouhani’s pick for the post of industries, mining and trade minister in its Wednesday session.
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Publish Date:13/August/2020 | 10:36

468 Industrial Units Revived Since March 20

EghtesadOnline: Atotal of 468 inactive industrial units across Iran have resumed operations from the beginning of the current fiscal year (March 20) to August 10 with the support of Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade.
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Publish Date:12/August/2020 | 10:31

Six More Projects Worth Over $14 Million Come on Stream

EghtesadOnline: Six industrial projects worth 3.5 trillion rials ($14.83 million) came on stream in two provinces on August 6, under the auspices of the Ministry of Industries, Mining and Trade.
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Publish Date:09/August/2020 | 10:50

Tehran to Host Int’l Handmade Carpet Expo on Aug. 18-25

EghtesadOnline: The 29th International Handmade Carpet Exhibition is scheduled for August 18-25 at Tehran’s International Fairground, according to the capital’s Industries, Mining and Trade Organization.
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Publish Date:04/August/2020 | 24:20

Mining Cooperation Deal Signed With Oman

EghtesadOnline: Iran-Oman Chamber of Commerce has signed a memorandum of understanding with Iran Mine House to promote the presence of Iran’s mining companies in the neighboring country, improve mineral exports through Oman, facilitate joint investments and form specialized mining committees.
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Publish Date:03/August/2020 | 08:26

Cryptominers Given One Month to Register Smuggled Hardware

EghtesadOnline: Cryptocurrency miners have one month to register smuggled mining equipment, said a deputy minister of Industries, Mining and Trade, the body in charge of authorizing crypto mining industry.
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Publish Date:02/August/2020 | 13:44

Cryptocurrency Mining in Limbo

EghtesadOnline: Power plants can supply authorized cryptocurrency miners so long as the electricity is sold at the agreed (lawful) tariffs, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:29/July/2020 | 13:24

Specialized Judicial Centers to Handle Commercial Disputes

EghtesadOnline: A specialized judicial center will be launched in Tehran within the next three months for resolving commercial disputes, says the head of the Ministry of Industries, Mining and Trade's Business Environment Study and Monitoring Center.
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Publish Date:08/July/2020 | 10:02

Tavanir: Reward for Reporting Illegal Cryptocurrency Mining

EghtesadOnline: The government will offer incentives to whistleblowers who name unauthorized cryptocurrency miners to the relevant authorities, managing director of Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:08/July/2020 | 09:51

Facemask Exports Banned Again Amid Rising Covid-19 Cases

EghtesadOnline: The Ministry of Industries, Mining and Trade has prohibited exports of facemasks, less than a week after it gave the green light to manufacturers to ship their surplus output to the foreign markets.
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Publish Date:07/July/2020 | 10:31

Mining Investment Gains Impetus

EghtesadOnline: The Iranian Mines and Mining Industries Development and Renovation Organization has implemented 165 major projects worth about $20 billion in Iran’s mining and mineral industries since its formation in 2002, says IMIDRO Chairman Khodadad Gharibpour.
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Publish Date:06/July/2020 | 11:20

Over 200 Industrial Units Resume Operations in Q1

EghtesadOnline: In the first quarter of the current Iranian year (started March 20), a total of 211 inactive industrial units across Iran resumed operations with the help of Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade.
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Publish Date:05/July/2020 | 11:15

Major TSE-Listed Mining Firms' Sales Rise 55% to $1.9 Billion

EghtesadOnline: The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has released a new report on the sales of 72 heavyweight Tehran Stock Exchange-listed mining and mineral companies.
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Publish Date:04/July/2020 | 24:14

Iran's Iron Ore Exports in Steady Decline

EghtesadOnline: Iran has been reducing the export of iron ore in the past few years in line with plans to curb the export of unprocessed minerals and encourage the mining industry to create added value, Deputy Minister of Industries, Mining and Trade Dariush Esmaeili said.
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Publish Date:28/June/2020 | 08:28

Mining Investments Rise 60% to $3.2b

EghtesadOnline: About $3.2 billion were invested in Iran’s mining and mineral industries during the last fiscal year (ended March 19, 2020) to register a 60% rise compared to the year before, says the spokesperson of the Iranian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:08/June/2020 | 07:52

Iran's Mineral Extractions at 470m Tons

EghtesadOnline: A total of 470 million tons of minerals were extracted in Iran in the last fiscal year (ended March 19, 2020), says Minister of Industries, Mining and Trade Reza Rahmani, adding that the figure is expected to exceed 500 million tons this year (March 2020-21).
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Publish Date:10/May/2020 | 09:15