Industry

Iran’s annual gold production to hit 7 tonnes

Iran’s gold output is estimated to rise to 7 metric tons by 2017 which could significantly improve the country’s place among the world’s producers of the precious metal.

Iran, Tajikistan sign MoU to complete Anzob tunnel

Iran and Tajikistan have inked a deal to complete the Anzob tunnel, which connects the Tajik capital to the country's second largest city Khujand and is a transit route between Dushanbe and Tashkent.

Iran, Pakistan launch joint fiber optic project

The network is aimed at expanding the bandwidth of Pakistan and international information transit.

Peugeot to sign new contract with Iran Khodro

European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.

Iran breaks US monopoly in production of industrial lubricant

Iran has broken the US monopoly in production of an industrial lubricant, which is a strategic oil product, says an oil expert.

Iran’s crude steel production up by 8 percent

A report by the World Steel Association showed that Iran's steel production output in January-February 2015 increased by 15 percent over last year.

Iran eyes tariff increase to boost production

By buying Iranian goods, people can contribute to improving the country’s per capita income, as well as employment, said Nematzadeh.

Iran auto industry not to roll out red carpet for firms from hostile states: CEO

We do not talk with the world's top automakers from the position of a country in need, but from the position of a partner which owns technology, said Yekke Zare.

Nanotechnology tapped to produce strong aluminum alloy

Production of alloys with high strength and reduction in production costs and energy consumption are some of the advantages of the new method.

Iran ranks 18th among world carmakers

A 2014 OICA report has shown that Iran’s car production increased by 46.7 percent in a year, with China topping the list.

An Iranian gem by origin, a Turkish stone by name

Turquoise is an opaque, blue-to-green mineral of Iranian origin, but it is sold in world markets as a Turkish product.

Iran’s car sales up 32%

Saipa has announced a rise in its production and sales in 2014, saying that it has currently two plans in the works to defeat sanctions and increase sales.

Iran launches world’s largest floating oil terminal in Persian Gulf

The 2.2-million-barrel floating oil storage unit (FSU) came on stream in Soroush oil region.

Iran ready to export technical services to Egypt: Deputy minister

Tehran-Cairo disputes have never been deep-rooted; both nations have a common stand on various regional and international matters, said Khazaei.

Iran’s auto production up by over 60%

Iran’s auto industry has raised its production of motor vehicles by over 60% over the past 10 months, according to local reports.

Top MP: Iran is growing at a fast pace

Parliament Speaker Ali Larijani has said Iran is growing rapidly, but it needs to give momentum to its production sector to move forward even faster.

Iranian and French car giants sign auto deal

The two cars would be available on the market late this year (started on March 21, 2014) or early next year.

Iran looks to invest more in mineral extraction: Official

Iran’s mining officials say Iranians – no matter where they live – and foreigners can invest in the country’s mining sector.

Ninety thousand tons of ore extracted from Khomein Gold Mine

Adoption of an industrial process for gold processing will turn Khomein into a hub for production of precious metals.

12th joint commission with Belarus in March

Tehran is ready to promote cooperation with Minsk in areas such as standardization, bourse, exports of techno-engineering services and holding exhibitions and providing related services.

Iran hits 66% copper production target

In order to boost copper production capacity, new investment and development plans are inevitable, said a senior industry ministry official.

Iran to resume petchem exports to Europe

A consignment of linear low density polyethylene (LLDPE), measuring 2,000 tons with a total value of over $2 million, will be shipped to Belgium next week.

We need to attract foreign investment: Iranian deputy trade min.

Under a 5-phase joint venture between Iran and Kuwait a steel mill is to be set up in the Persian Gulf Special Mineral Industry Zone in southern Iran.

Peugeot holding ‘intense’ talks to return to Iran

French car giant Peugeot eyes a comeback to Iran's lucrative market.

Iran hosts int’l auto parts exhibition

Nearly 800 Iranian and foreign companies have flocked to this year’s fair to display their latest products and achievements.

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