10,576.45 TRY BIST 100 BIST 100
42.23 USD USD USD
5.96 CNY CNY CNY
48.83 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
40.04 TRY Interest Interest
64.90 USD Fossil Oil Fossil Oil
69.39 USD Silver Silver
5.05 USD Copper Copper
101.60 USD Iron Ore Iron Ore
345.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,571.72 TRY Gold (gr) Gold (gr)

Iran and Russia sign nuclear energy agreement

Iran and Russia have signed a new USD 25 billion agreement in the field of nuclear energy.

Iran and Russia sign nuclear energy agreement

Under the deal, four nuclear power units will be built in the city of Sirik, located in Iran’s Hormozgan province. Each unit will have a capacity of 1,255 megawatts, bringing the total planned electricity output to 5,020 megawatts.

The agreement was signed during the “Atom Expo 2025,” held as part of World Atom Week in Moscow. Naser Mansur Shariflu, a representative of Iran’s Hormoz Company, signed on behalf of Iran, while Dmitry Shiganov, representing Rosatom’s subsidiary REP Company, signed on behalf of Russia. Reports said engineering, environmental assessments, and part of the site preparations have already been completed, with remaining work still underway.

Just last week, Iran’s Atomic Energy Organization chief Mohammad Eslami and Rosatom Director General Alexey Likhachev signed a memorandum of understanding in Moscow. Rosatom announced that the memorandum covered the construction of small nuclear power plants in Iran, though details on the number of units were not disclosed.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

SSAB completes first green bond issuance amounting to SEK 2.8 billion

Wednesday, November 12, 2025

Hoa Phat Group, 2025 third quarter sales decrease but profit increase

Wednesday, November 12, 2025

"The construction cost index increased by 23.18% in September annually''

Wednesday, November 12, 2025

Meloni and Gozzi emphasize the need for an industrial reawakening

Wednesday, November 12, 2025

Guinea accelerates iron ore processing facilities to end raw material exports

Tuesday, November 11, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now