Tehran, Canberra to uplift relations in mining sector

News ID: 3919672 -
TEHRAN, Feb. 28 (MNA) –  IMIDRO head has proposed formation of a joint working group to strengthen mining cooperation between Iran and Australia and conduct common projects.

Managing Director of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian made the offer while addressing a meeting with the visiting Australian delegation headed by Victorian Department of Economic Development, Jobs, Transport and Resources Secretary Richard Bolt.

Karbasian enumerated commonalities of the two sides in mining and economy sectors saying “proper grounds have been provided for elevation of collaborations in various sectors like exploration, research and development, training, consulting, reducing water and energy consumption as well as production of minerals like aluminum and steel chain.

He pointed to cooperation of Iran with companies from Italy, Germany, India, Korea and Japan in the post-JCPOA era stressing that reduction of water consumption remained a key priority for Iran in production of mineral products.

IMIDRO director pointed to the distinguished position enjoyed by Iranian Mineral Processing Research Center (IMPRC) in the Middle East adding “as of three years ago, Iran has begun exploratory projects as evidenced by discovery of considerable amounts of new reserves.”

He went on to point to presence of natural gas and a variety of mineral reserves in Iran maintaining “in view of our growth potential as well as the need for Iran and neighboring states’ for construction and development, joint working groups or firms can be formed to meet interests of all parties.”

Also at the meeting, Australia’s Richard Bolt, recalled that his country’s companies enjoyed age-old history of ties with Iran adding “outcomes of the present session will be conveyed to Australian firms in a bid to bolster existing relations.”

The visiting official welcomed the Iranian side’s proposal for reinvigoration of ties maintaining that his visit to Iran aimed to investigate venues for cooperation and ink Memoranda of Understanding (MoUs) in various sectors.

Australia’s secretary for department of economic development also emphasized that expansion of Tehran-Canberra relations had been underway for the past two years.

Ian Biggs, Australia's Ambassador to the Islamic Republic of Iran, for his part, expressed amazement towards great potentials of Iran in mining sector and said “we are probing into development of relations between the two parties, an initiative which requires exchange of expert groups.”

He deemed research and development, discovery and geology as possible venues for bilateral collaboration between Iran and Australia.

HA/3919002

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