World’s Major Mining Companies Ready to Invest in Iran Mining Sector

Major mining and financial companies in the world announced their readiness for investment in Iran’s mines and mining industries sector in the third Europe - Iran Forum in Zurich, Switzerland.

Trafigura ,the third largest raw material company in the world,is ready to invest in Iran’s copper industry, Jeremy Weir ,CEO of Trafigura,expressed during a meeting with Mehdi Karbasian chairman of the board of IMIDRO,in the third Europe - Iran Forum in Zurich.
This two-day event was held on May3-4 with attandance of over 400 managers and experts of major mining,industrial,financial and insurance companies of the world.
Also,Karbasian met Gerard Terneyre,Vice-President of Vollourec,in this meeting they annonced that they are ready for joint venture to set up a seamless steel sheets production plant.
Seamless steel tubes are used in oil and gas industries and are necessary for the economy of this sector but now they are being import from other countries to Iran.
During this event ,Karbasian met senior manager of KBC.They negotiated financing and investment in Iran’s mines and mining industries sector.For the first step,KBC announced its readiness to finance development projects worth 50 million Euros .
Karbasian as one of the speakers of the third Europe - Iran forum explained revitalization of Iranian industry in post sanctions era.
Some major Iranian companies and banks attended the event.Over 50 speakers from Iran and other countries presented their views about cooperation and investment opportninties in Iran.
Speakers lectured on several subjects such as the role of banks in the Iranian economy, information and communication technology, leadership in the private sector, infrastructure and construction, strategies to secure financing, the future of Iran’s “mother industries” ,manufacturing and supply chain, transportation and logistics and strategies for global competitiveness.
First and second Europe - Iran Forum were held in London and Geneva in 2014 and 2015 respectively.

source: imidro