live Iran ties Hormuz reopening to U.S. concessions on several demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
Kazakhstan plans to double its copper ore production by 2030 through the development of three major new deposits, significantly boosting the country’s mining and metals sector.
Kazakhstan is set to transform its mining industry by 2030 with an ambitious plan to double copper ore production, according to a government announcement reported by the Kazinform news agency on Tuesday.
Speaking during a government meeting, Deputy Minister of Industry and Construction Olzhas Saparbekov revealed that three major deposits — Aidarly, Koksay and Benkala — will be developed to support the expansion. These sites are expected to increase the country’s copper ore reserves by 300 million tons.
The initiative will allow Kazakhstan to raise its annual copper output from 500,000 tons to 1.2 million tons, placing it among the top global producers of the metal, which is critical for renewable energy, electronics and infrastructure.
In addition to copper, the country is also targeting a 40% increase in iron ore production, aiming for 52 million tons annually. This will be supported by enhanced domestic processing and new facilities to produce hot briquetted iron (HBI), a value-added product used in steelmaking.
Kazakhstan plans to raise HBI output to 5 million tons per year, while steel production is projected to climb from 4.1 million to 13 million tons, reinforcing the government’s broader strategy to strengthen industrial capacity and diversify its export base.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
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Uzbekistan has secured preferential tariffs for fertiliser and petroleum product shipments through Kazakhstan’s Kuryk port to Georgian ports, as Uzbek cargo volumes across the Caspian continue to rise.
Police in eastern India used tear gas, batons and water cannon on Monday to disperse thousands of young protesters marching on the Jharkhand state legislature over alleged irregularities in civil service examinations.
Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
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