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
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
