Economy, Business And Markets

2 Chinese Mining Firms Eye Iran Investment

2 Chinese Mining Firms Eye Iran Investment2 Chinese Mining Firms Eye Iran Investment

China’s NFC and PowerChina companies have expressed interest in making investment in Iran’s mining and mineral industries’ development projects. Qin Junman and Zhou Jiayi, the two companies’ representatives respectively, made the statements in a meeting with Amir Khorrami-Shad, the deputy head of Iranian Mines and Mining Industries Development and Renovation Organization, at the International Infrastructure Investment and Construction Forum held in China’s Macau, IMIDRO reported on its website. Established in 1983, NFC has undertaken more than 44 mining projects, including aluminum, copper, zinc and lead development in Iran, Kazakhstan, Vietnam, Russia and Indonesia. PowerChina Group provides services and solutions in the fields of transportation, port development and energy, and is one of the largest multinational firms operating in China.