ICCIMA: Q2 Business Environment Index Dips

The index stood at 5.77 points this summer, down from Q1’s score of 5.69, ICCIMA reported on its website. The index calculated by ICCIMA measures business friendliness of Iran’s economy, with 10 indicating the worst grade. The lower the figure, the better the business environment. Financial difficulties, unpredictability of raw material prices and unfair taxation were the most undesirable factors affecting Iran’s business environment during the period under review, according to the findings of the study. On the other hand, access to electricity, gas and Internet were identified as the three most prominent factors in improving the environment. The chamber also measures the index for each of the 31 Iranian provinces. The report named North Khorasan, Sistan-Baluchestan and Lorestan as the provinces with the worst environment to do business in, and Gilan, Fars and Markazi provinces as the best. As for different fields of business, the top three are “food and accommodation services”, “real estate” and “water supply, wastewater management and water treatment”. The bottom tier includes “education”, “construction” and “services and support administration”. The agriculture sector beat industries (5.73) and services (5.71) with a score of 5.59.source: Financial Tribune

ICCIMA: Q2 Business Environment Index Dips

Renewables prevent emission of 12.8m tons of GHG in H1

Copper slips as US data stokes worries about rate-cut policy

El Salvador sitting on $3 trillion worth of unmined gold, president says

Gold price could extend record run into 2025, Heraeus says

Trump tariff risk roils gold and silver as New York prices jump

Rio Tinto’s $2.5 billion lithium plan is a win for Milei

Copper price jumps on China policy, but we’ve been here before

Zimbabwe wants 26% free-carry stake in new mining projects

Glencore ties up with Cyclic Materials in copper recycling push

Lithium supply surplus set to stay with battery makers’ help

China tightens rules to curb methane emissions from coal mines

Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant

Arcadium Lithium investors sue miner over Rio Tinto takeover

Skeena advances Eskay Creek permitting, unlocks Orion funding

US foreign investment panel split on Nippon-US Steel deal

Norge Mining acquires Europe’s largest natural graphite producer

Australia’s CEFC invests $75m in homegrown critical minerals

Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade

Mobarakeh steel is producing green steel through scrap recycling

BHP seeks Brazil growth to emerge from shadow of mining disaster

Norilsk Nickel plans to sell all it produces in 2025