Tag Archives | Fives Group

Iran Mining Attracts $10bn

The Deputy Mine, Industry and Trade Minister, Mehdi Karbasian (pictured), has said that Iran’s mining sector has now more than $10 billion of investment pledges by Europeans and Chinese firms. Italy’s Danieli signed a joint venture agreement and agreed orders worth in total about 5.7 billion euros last week. Italian and Chinese companies are also […]

France’s Fives wins Iran Aluminium Deal

By John Lee. French industrial engineering company Fives Group has been awarded a deal to set up a major aluminum plant in Iran. The $400-million deal was signed with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), and will see Fives increase Iran’s production of aluminum anodes by 450,000 tons in a year. […]