Australian companies keen to invest in Iran¡¯s mining projects

Australian companies are eager to make investment in Iran’s mining projects, according to Gerard Seeber, the senior trade commissioner for the Middle East and North Africa (MENA) region in the Australian Trade Commission (Austrade).

The commissioner of Austrade, which is the Australian Government’s trade, investment, tourism, and education promotion agency, made the statement in a meeting with Mehdi Karbasian, the board of directors’ chairman of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), in Tehran on August 17, the IRNA news agency reported on Tuesday.

Seeber said Australia is aware of potentialities and advantages that exist in Iran’s mining sector; adding that his country is seeking to bolster ties with Iran in this field.

For his part, Karbasian said Australian companies can contribute to implementation of iron ore, copper, bauxite and gold mining projects in Iran.

Australia exported over $155.6 million worth of products to Iran in the past Iranian calendar year, which ended on March 20.

The International Organizing Committee of the World Mining Congress has ranked Iran as the 8th country in the world in terms of mineral production. The organization has put the country’s total mineral production, including metal and non-metal products, precious stones, as well as oil and gas, at $162 billion in 2013.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.