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Outotec: No Decision to Leave Iran

The Finnish firm concentrates on producing machines and methods that facilitate the various stages of extractive metallurgy and mineral processing.The Finnish firm concentrates on producing machines and methods that facilitate the various stages of extractive metallurgy and mineral processing.

Finnish mining technology company Outotec is yet to decide on leaving the Iranian market, the company's Tehran office announced.
"Considering the current condition of the country, the company announces that it has taken no decision to leave Iran and will do its best to find alternative solutions [to stay] in the case of sanctions' return," the company said in a statement sent to ME-Metals.
Outotec, which builds plants, makes equipment and offers services for the metal and mineral processing industries, has a long history in Iran and remained in the market after the US instituted sanctions against Tehran in 2010.
The company emphasized that Outotec stayed in the country both during the 1980-88 Iran-Iraq War and the sanctions period of 2011-14, when most other global technology firms abandoned Iran.

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