Economy, Domestic Economy
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IMIDRO Invests in Research

IMIDRO Invests in ResearchIMIDRO Invests in Research

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) is set to spend 25 percent of its net annual profit on research projects in various parts of the mining sector and to this end, it has informed universities of its readiness to cooperate in research projects, the deputy industry, mine and trade minister told IRNA on Tuesday. Mehdi Karbasian said that the organization carried out six research projects last year, and 15 projects are currently being implemented. The recycling and improvement projects for water consumption in steel manufacturing units and comprehensive water management are among research projects of IMIDRO, the official added. Presently, Iran’s industrial sector is facing a severe water shortage and the government has called for practical solutions to meet the sector’s demand for water.   

Financialtribune.com