With the construction of a magnesium extraction plant in Hamadan: Iran will not need to import magnesium

The first magnesium billets of Iran and the Middle East were erected last winter in Ferdows, Khorasan, and then the Aras Free Zone was selected for the second option, and now a few months afterwards, there are reports of the construction of a magnesium production plant in Hamedan, a factory that is supposed to With the participation of public and private companies.

Magnesium is one of the materials that has not found its place in Iran and even in the world and has not been used much, but with the growth of automotive and aircraft industries, it is expected to increase its production and use day by day. In recent years, Iran has been considered as an importer of magnesium ingots from China, which is expected to be produced in the country in addition to supplying domestic export needs.

Public and private partners of magnesium producers

The head of Hamedan Industry, Mining and Trade Organization said about the construction of a magnesium oxide plant in Hamedan. Currently, the production of magnesium ingot is being pursued in cooperation with the Social Security Investment Company, Shasta, and a private company, Armiko, which is undergoing its initial stages. Matin adds: 24 thousand tons of magnesium ingot for Shasta and 12 thousand tons for private companies, which will be licensed for licensing in the course of 30 months. He notes that this project is still in its infancy and is at the point of getting a license to get started, such as location for the factory, the purchase of related devices, and the amount of investment required in the research and expertise phase.

Hamidreza Matin stated: “The amount of magnesium deposits is unlimited and very large, and is distributed in areas such as Nahavand, Azna and Malayer, but in Ferdows, Khorasan, there is a small factory in the area.”

Industry Newspaper: Iran will not need to import magnesium anymore.

Director of the Hamedan Industry, Mining and Trade Organization said: “In recent years, the country has been in need through China and Ukraine, hoping to build the plant, in addition to providing domestic needs, exports to other countries will also be operational. He emphasized: the project needs 150 billion tomans worth of credit, and yet the figures are not yet carefully examined, but the suggestion made in this regard is this figure.

Native knowledge of magnesium production

Mohammad Jalil Oghli, Director of the magnesium project in Hamadan, says: The technical knowledge of the magnesium ingot project has been registered by the company Aramico, and Hamadan is the third district chosen for the construction of a magnesium ingot mill. He emphasized that the construction of the magnesium production plant was a proposal of the Hamedan Governorate, which Shasta and Aramico have been discussing in this regard, but this project is still under way. He added about other areas that are supposed to produce magnesium billets: Ferdows Khorasan opened in last month and is being exploited from a month ago, with 6,000 tons of annual production with a capital of 60 billion USD for this plant. Aras Free Zone is also the second largest company to be selected for this purpose, and it is planned to export only products from this regions, and in the first stage, 6,000 tons of products with a capital of 100 billion USD for this plant are considered. He emphasizes: In the Aras plan, 60% of Aramico and 40% of other companies are shareholders, but an English company also wants to buy 80% of its shares, but there is still a small chance for foreigners to work, For the Iranians want it to be successful.

Managing director of Aras Magnesium Ingot company said: Hamadan is the third area to be selected for the construction of a magnesium oxide plant, which is expected to produce 12,000 tons of magnesium oxide with an investment of over 180 billion tomans.

Mohammad Jalil Oghly adds that plan is currently in its early stages, and yet it is unclear what is the design, cost and location of the plant, and whether it is at all economical. But it is scheduled to be carried out in four independent sections, namely, dolomite preparation, rehabilitation, conditioning and wrapping furnaces. He added Shasta Company is investing in the project and Aramico has been designing machinery and installing and installing machines. In fact, the technical knowledge of this project is entirely Iranian and its technology is being implemented by this company. He states: The dolomite mineral is a magnesium oxide supplier that is found abundantly within the boundaries of Nahavand. Currently, magnesium ingot has a very low consumption and is used only in the alloying industries. So far it has imported less than 1,000 tons. He says about the functions of magnesium: the most used in the manufacture of car parts, and the world goes to the use of this product, because 30% more resistance and at the same time 30% less weight than aluminum, and therefore to reduce the car fuel is right.

Source: SAMAT (IMT) Newspaper (Industry, Mine, Trade)

Code: 9414

News Date: Wednesday, May 20th, 2015

French state bank BPI to fund projects in Iran, CEO tells paper

PARIS (Reuters) – Bpifrance, the country’s state investment bank, will finance investment projects of French companies in Iran from 2018, granting up to 500 million euros ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday.

“Excluding a force majeure case, we will be on their side in early 2018. We are the only French bank that can do it without risking U.S. sanctions for a possible breach of remaining embargo rules,” Nicolas Dufourcq told Le Journal du Dimanche.

The deal Iran struck in 2015 with six major powers lifted many sanctions against the country in exchange for restrictions on its nuclear activities and paved the way for international business deals.

But many banks have stayed away for fear of inadvertently breaking remaining U.S. sanctions, which could lead to huge fines.

Because the BPI has no operations abroad, notably in the United States, it is not exposed to possible fines for U.S. sanctions breaches.

U.S. President Donald Trump has created new uncertainties over the U.S. stance towards the Iran nuclear agreement. Trump told reporters this week that he had made a decision on what to do about the agreement but would not say what he had decided.

Several Franco-Iranian deals were announced during Iran President Hassan Rouhani’s official visit to Paris in January last year. These included a joint venture between carmakers PSA Peugeot Citroen (PEUP.PA) and Iran Khodro as well as plans for Iran to buy Airbus (AIR.PA) aircraft to update its ageing fleet.

There were also deals in the oil, shipping, health, agriculture and water sectors.

Reporting by Dominique Vidalon; Editing by David Goodman

reference: Reuters 

New magnesium alloy is world’s strongest and lightest metal

If You are an investor looking for the “Next Big Thing”, Magnesium appear to be one of the biggest investment opportunity of this century. Worlds largest companies are using magnesium alloy .

The revolutionary magnesium material can be used to create new revolutionary cars, airplanes, trains, military equipment’s, ships, mining and drilling equipment’s, all transportation trucks, agriculture machinery, manufacturing and spaceships, electronics and biomedical devices. It is the new and the most  important material from the future, a material that could catapult us onto the next level.

The magnesium based material was invented by a team of researchers from the Henry Samueli School of Engineering at the University of Applied Sciences in Los Angeles (UCLA. The innovative material which has an exceptional strength and is extremely lightweight is made of 86% of magnesium, and 14% of silicon carbide particles according to the study published by the journal Nature. To create the so-called ‘nanocomposite metal’, the team developed a new method to disperse and stabilize nanoparticles in molten metals. The low density and high strength of magnesium showed record levels of specific resistance (amount of weight that resists material before breaking) and specific module (ratio between rigidity and weight) in both low and high temperatures.

Australian and Chinese researchers have discovered an Magnesium alloy that they say is the world’s strongest and lightest. Crucially, they say it doesn’t corrode.

If it proves possible to use it in vehicle manufacturing, the researchers say cars could weigh hundreds of kilograms less, saving motorists up to 40 per cent on fuel.

Researchers from North Carolina State University have developed a material using magnesium which is light like aluminum, but as strong as titanium alloys. This material has the highest strength-to-weight ratio known to mankind.

Creating a material that’s both strong and lightweight is the ultimate goal for all global manufacturers. Recently, magnesium alloys have gained huge attention as world’s lightest structural material. Nanotechnology is helping revolutionize many technology and industry sectors, information technology, energy, environmental science, medicine, homeland security, food safety, and transportation, among many others.

Apple currently uses a Magnesium frame in their iBook laptop. Dell notebook 14 Rugged Extreme will be your saving grace. This mini tank sports a military-tough design, complete with a magnesium alloy chassis and the ability to shrug off water, sand and dust.

Microsoft has designed the Pro 3 as a 2-in-1 hybrid device so it’s the bigger device on test. The Surface Pro 3 has a unique kickstand built into its chassis so it can be propped up on tables or even on your lap.

Read more

Launch of large industries based in Lamerd Special Economic Zone

Lamerd’s Special Economic Zone is located in the south of Lamerd, 6 km north-east of Lamerd. Its area is over 8500 hectares and its airspace is from the Special Economic Energy Zone on the Parsian, Port and Wharf in Hormozgan province, 30 km, which will be linked by the 43 km freeway to the Persian Gulf. The industries expected to deploy in this area are aluminum and its downstream industries, cement, magnesium, petrochemicals, combined cycle power plant, downstream steel industries and petrochemical downstream industries.

 

Unit Capacity Industry
Million Ton 2 Aluminum
Million Ton 10 Steel
Metric Ton 100 Magnesium
Million Ton 15 Petrochemical
Metric Megawatt 8 Power Plant
Million Ton 10 Cement
Million Ton 6.1 Alumina

Investment incentives and customs advantages in Lamerd’s Special Economic Zone are:

  1. Exporting goods to world markets
  2. Import of goods from the special area for domestic use will be subject to export and import regulations, and export of goods from this area will be without any formalities.
  3. Import of goods from abroad or free trade-industrial zones into the region with the least customs formalities.
  4. Goods that come from outside or from free industrial zones or other areas to the region can leave the country without any formalities.
  5. All goods entering the region for the production or provision of services do not include general export-import regulations, and import of goods to other parts of the country will be subject to export and import regulations.
  6. Goods produced in the special zone, as well as raw materials and disposable parts imported from the region to the country, are not subject to pricing rules due to the non-use of resources and currency quotas of the country.
  7. Trading of the region with the overseas or other special economic zones and free zones of commercial and industrial after the registration of customs duties, commercial profit and all import and export duties are exempted under any heading and are not subject to import restrictions and prohibitions. .
  8. The entry of goods, machinery and raw materials of the units in the special area is free and without customs duties and commercial profits, and the possibility of entering and leaving goods from the region abroad, without customs clearance, will be possible.
  9. Providing services and facilities for warehousing, unloading and loading of goods in public and private warehouses of the special area.
  10. Importing and storing goods (raw materials, machinery, tools and parts produced) is allowed in the warehouses of the region for distribution to different countries.
    shiraz-Laramed  path
  11. Temporary entry of raw materials and foreign parts into the region is possible for conversion, completion or repair to the country.
  12. The benefit of industries based in Lamerd’s Special Economic Energy Zone of the 10-year tax exemption
  13. Goods imported into the special zone are exempt from value added tax.
  14. Use of financial facilities from the National Environmental Fund for units and industries that demand better management in mitigating the consequences of their environmental misconduct.
  15. Most of the licenses required in the region are issued by the management of the district organization and the investor will not be subject to complicated regulations.
  16. The establishment of an independent labor office in the region, the existence of special labor and labor laws and special facilities for the entry, exit and use of foreign nationals
  17. Import of semi-manufactured and finished goods from regional and global markets for the production, processing and value adding of exports
  18. Establishment of customs facilities and lubricants for the import, export, production, processing, re-export and transit of manufactured goods, machinery, raw materials and tools required from the production line (from domestic and foreign sources)
  19. Failure to impose a time limit for the storage of goods in accordance with the agreement of the parties in the warehouses of the region with minimum storage costs and excluding them from the provisions of abandoned goods
  20. The possibility of insurance for all goods entering the area from arrival to departure (maintenance period) in public and private warehouses under the supervision of the customs district
  21. All or some parts of the goods are allowed to be discharged for temporary admission from the customs area for the purpose of export or transit, and the satisfaction of guarantees and obligations.

Permits issued in Lamerd Special Economic Zone

The Lamerd Special Legislative Assembly approved by the Islamic Consultative Assembly

Approved by the Special Zone by the Cabinet

Licensing of Lamerd Special Land Area to Iran Mining and Mining Industries Development and Renovation Organization

License for gas allocation by the Ministry of Petroleum

Lamerd Special Zone Environmental License

 

Bijan Namdar Zanganeh, Oil Minister:

Lamerd and Mehr, South Pars, Lamerd Aluminium, are not slogans and demonstrations, and we hope that sanctions will be lifted against the country as soon as possible so that we can continue the development and prosperity of the country as much as possible. Zanganeh also said: “We will be glad to have the gas consumer in the energy industries of our country.”

Dr. Seyed Mosa Mousavi, a representative of the people of Lamerd and Mehr in the Islamic Consultative Assembly, said that with the commencement of the operation of four major industrial projects, Lamerd Special Economic Zone and Parsian refinery, the Lamerd and Mehr cities in the focus of government and media Of the country. Referring to the 11th state visit to Fars province, the trip of the government of Tadbir and Omid was the source of blessing and the two key oil and health ministers who were involved with the affairs of Lamerd and Mehr were in these two cities. A member of the Energy Committee of the Majles added: “With the launch of four large industrial projects, production in the special economic zone of the energy industry and the Parsian, Lamerd and Mehr refinery took place at the attention of the government and media of the country, and on the orders of the President of the executive of the largest aluminum company of the country, The state-of-the-art combined-cycle power plant with a capacity of 930 MW in F-Class and the first GTL gas conversion project with a repayment of over 7 trillion tomans in the Lamard Special Economic Zone began

 

Mousavi added that in these cases the refinery of Parsian refinery should be added, which is estimated at 3 trillion USD. Considering this huge project, the total credit of the industries that will be constructed in these two cities will be 10 trillion tomans arrives.

 

The official noted that for these projects to work, over the last three years, there has been a lot of work and, in order to include the launch of the operation of these four major projects during the visit of the president to Fars province, during the last two weeks of correspondence and meetings Several people were assisted by the first vice president, the deputy executive of the president, the vice president of parliamentary affairs, the ministers and the governors of the governorate of Fars. And, after all, the credibility and worth of the delegation’s visit to Fars Province returned to these huge projects of Lamerd and Mehr. He emphasized that, alas, as a servant, I have devoted myself to serving the people, as a servant of health, of the family and all night, but I must emphasize that these works only occurred in the light of the attention of the Imam and Imams, and if something happened It was followed by the efforts of previous officials.

 

Representative Lamerd and Mehr in the parliament said: “Let’s not forget that these large projects came under difficult conditions and economic problems of the country, and on the other hand, Lamerd’s replacement hospital hanger was also landed on the ground. Mousavi, stating that, as I promised, Lamerd and Mehr were well introduced to the government, “From now on, there are a lot of investors in the Lamerd Special Economic Zone, and there is a lot of blessings, because I announced to the government The launch of these big projects will be a great honor for the eleventh government and come to the conclusion. A member of the Iranian parliament’s Energy Commission, saying that we will need more sympathy and sympathy in the cities of Lamerd and Mehr, we said: “The way to serve the people of these two cities will definitely require more sympathy and coziness, and these large projects are not only owned, It belongs to the two cities, but belongs to Fars and throughout the country.

 

Launch decree on the operation of the large industrial projects of the Special Area of Energy Industries Lamard by the Presidency of the Republic: Beginning with the divine power of the operation of the Southern Aluminum Industrial Complex, the Ghadir Combined Cycle Power Plant project and the Gittal Natural Gas Production Project.

 

Source: Sobhan Newspaper, Special Letter on the Launch of Large Industries Based in Lamerd’s Special Economic Zone for Energy Industries

Date of the news: Tuesday, May 5th, 2015

Number: 3741