SHANGHAI/LONDON, May 21 (Reuters) - Iran's government is negotiating a tax of up to 40 percent on iron ore exports to take advantage of a surge in sales toChina, aiming to replace revenue from oil and other sources eroded by sanctions. Iran's iron ore exports to topsteelproducerChinajumped 48 percent in the first quarter from a year ago to a level ...

Chief Executive Officer (CEO), PSM, Major General Muhammad Javed (retired) and the Chief Financial Officer (CFO) have reportedly locked horns over payment of $15 million to ICIOC (Iran) without getting the required iron ore, well-informed sources in PSM toldBusiness Recorderfrom Karachi. The sources said Finance Minister Dr Abdul Hafeez Shaikh presided ...

By Xinhua TEHRAN, Oct. 28 (Xinhua) -- Iran has inaugurated an iron ore concentrate plant, Tehran Times daily reported Sunday. The plant with the production capacity of two million tons per annum was launched on Saturday in the city of Zarand, southeastern Kerman Province, said the report. Some 570 million U.S. dollars have been invested by ...