42 Iranian Mining Projects on Agenda
 42 Iranian Mining Projects on Agenda

42 Iranian Mining Projects on Agenda

42 Iranian Mining Projects on Agenda

Forty-two steel, iron ore, gold and copper mining projects will come on stream by the end of the first quarter of the next fiscal year (starting March 21, 2017), the head of Iranian Mines and Mining Industries Development and Renovation Organization said.
Mehdi Karbasian, who is also a deputy minister of industries, mining and trade, made the announcement during the Second Iran Mines and Mining Industries Conference in Tehran on Sunday.
"The projects are worth $1.6 billion," he said, adding that they are under construction using non-governmental resources and private investments, Mehr News Agency reported.

On Saturday, Karbasian had said Iran’s mining sector requires close to $50 billion in foreign investment.
About $30 billion of the figure will need to be invested in the steel industry and downstream sectors, and the rest in copper, aluminum and other industries.
The two-day conference, also known as IMIS 2016, was attended by top government officials, including Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh and Governor of Central Bank of Iran Valiollah Seif.
According to IMIDRO, the event was organized with the goals of attracting foreign investment in the domestic mining sector and enhancing cooperation between domestic mining firms and their international counterparts.
Foreign attendees at the two-day event include managing director of Germany’s SMS Group GmbH, Burkhard Dahmen; executive vice president of Finland’s Outotec, Kalle Harkki; and CEO of Russia’s JSC EXIAR, Alexey Tyupanov. The previous edition of the conference was held in May 2015.

Short URL : https://goo.gl/9JDdRt
  1. https://goo.gl/Y2lwls
  • https://goo.gl/xz4hcv
  • https://goo.gl/zRwuGx
  • https://goo.gl/nkzyIj
  • https://goo.gl/qPcc9C

You can also read ...

IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
Billet Export Prices Increase
Iranian export steel billet prices picked up in the week ended...
The Sartak-Pishta border gate between the Kurdistan Regional...
More Grain Shipments to Iran
For transport and logistics industry experts, spring is always...
Foiling US Sanctions on Iran: The EU Blocking Regulation
The EU has announced its intention to protect European...
Majlis Forex Options Still on Agenda
Chairman of Majlis Economic Commission said on Tuesday a...
The GDPR clarifies and strengthens existing individual privacy rights.
New European privacy regulations that were to go into effect...
Flooding Inflicts Heavy Damage on Roads
Recent heavy rainfall and flooding in Iran have inflicted...

Add new comment

Read our comment policy before posting your viewpoints