BHF Keen on Long-term Cooperation with Iran in Mining Sector
German-French bank, “BHF” willing to resume long-term cooperation with Iran especially in mines and mining industries sector.
BHF’s senior directors met chairman of the board of IMIDRO, they expressed BHF is ready to cooperate with Iran in financing, commerce and consulting services of projects.
As a result of lifting the sanctions, we met officials of Central Bank of the Islamic Republic of Iran in current days, so regarding the obtained opportunities we are seeking to broaden financial ties with Iran, Hans- Günter Wiesenack, BHF’s managing director and head of structured trade and commodity finance said.
BHF cooperated with Iran in IRALCO, NICICO and Gol-e- Gohar projects. Coface and Hermes can help us as insurance arms for expansion of financial cooperation, he added.
Regarding the BHF’s principal cooperation of this company is in long term period so plan would be prepared for 30-40 years, Wiesenack said.
BHF’s managing director and head of structured trade and commodity finance stressed on resuming cooperation with Iran and willing to receive details of Iran’s mines and mining industries projects.
During the meeting, chairman of the board of IMIDRO noted the Iranian President’s visit to Europe last year and said most financial challenges removed as a result of agreement documents signed by Iran and European firms and cooperation with Coface and Hermes insurance companies.
Iran defines $30 billion projects in mines and mining industries sector such as steel, copper, aluminum, gold, etc... , so we are ready to attract foreign investment and finance, Mehdi Karbasian added.
source: imidro
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Resolute Mining says it will pay Mali $160 million in tax dispute
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
