The project will soon start using a government loan from the Russian Federation.

Iran's Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced the establishment of 10 investment holding companies in the industry and mining sectors in near future, IRIB reported recently.

Of the $620 million worth of Iran’s constructional exports in the past Iranian calendar year (ended on March 19), just $1.5 million has been to Africa.

The ministry’s seven main axes of the surge in production are going to be pursued under 40 major programs.

Gharibpour called for cooperation with the Australian side in various areas including training, exploration, extraction, and new technologies, IRIB reported.

Iran's steel exports in the mentioned six months fell 33 percent compared to the previous year’s same period.

Iranian steel producers exported 2.358 million tons of steel ingots and products during the first six months of the current Iranian calendar year (March 20-September 21), IRNA reported.

In September 2020, Japan imported 27693.078 tons of ferrosilicon (>55%), an increase of 125.55% over the previous month and a decrease of 21.27% compared with the same period last year.