Latam States Explore Mining Opportunities in Tehran
Latam States Explore Mining Opportunities in Tehran

Latin American States Explore Mining Opportunities in Tehran

Latin American States Explore Mining Opportunities in Tehran

The Iranian Mines and Mining Industries Development and Renovation Organization organized a forum in Tehran on Monday to survey opportunities of cooperation between Iran and Latin American countries in the mining sector.

It was attended by IMIDRO President Mehdi Karbasian, and representatives of Cuba, Brazil, Ecuador, Venezuela, Uruguay, Chile, Nicaragua, Bolivia and Mexico, company's website reported. 

According to Karbasian, considering Iran’s vast reserves of gas and Latin America’s rich deposits of minerals, the two sides can forge an effective partnership to produce high value-added products.

“Gold, iron ore, bauxite, copper, lead and zinc, chrome and nickel production are possible areas of mutual cooperation,” he said.

Karbasian was earlier quoted as saying that Iran needs investments worth $50 billion within the next five years to develop its mining sector. IMIDRO is Iran’s largest holding in the mining sector affiliated to the Ministry of Industries, Mining and Trade.

Short URL : https://goo.gl/7RDJd7
  1. https://goo.gl/cY0O0Y
  • https://goo.gl/7BTqeX
  • https://goo.gl/Ug3SbU
  • https://goo.gl/bUV6NG
  • https://goo.gl/JqjCql

You can also read ...

FATF Gives Iran Until February to Complete Reforms
The international group that monitors money laundering...
EU Mechanism for Iran Trade Pursues Long-Term Targets
France’s Foreign Ministry said on Thursday the creation of a...
Tehran Market: Gold Prices Move Toward Relative Calm
Gold prices are relatively stable according to the head of...
Iran Private Sector Businesses Dispirited Over Economic Conditions - Report
A recent survey conducted by the Tehran Chamber of Commerce,...
Iran Government Expected to Change Currency Repatriation Rules
Iran's private sector remains steadfast in its opposition to...
Iran: Imports of Essential Goods Top $4.6 Billion (Mar-Sep 2018)
Over 9.13 million tons of essential goods worth $4.67 billion...
Tehran Stock Exchange's Main Index Registers 90% Growth Since March
The total value of traded shares in Tehran Stock Exchange...
Iran Signs MoU with Germany on Training Managers
Iran Small Industries and Industrial Parks Organization and...

Add new comment

Read our comment policy before posting your viewpoints