Official: IMIDRO Plans to Invest in New Mineral Fields

Date: 12 July 2025 - 21:44

News ID: ۱۴۱۳۲۳

TEHARN – An official from Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced that the organization seeks to enter into new mineral fields, emphasizing that the development of silicon, gold, and copper chains are among IMIDRO’s new programs.
Speaking at the “Conference on Introducing Investment Opportunities in Exploration Licenses”, Chairman of the Executive Board of Directors Muhammad Aghajanlou Aghjanlou said: In addition to iron ore and steel, this organization plans to facilitate investment in areas such as silicon, gold, and copper, which require less electricity.
Aghajanlou, referring to the support of the Ministry of Industry, Mine and Trade for investment attraction programs in the mining sector, continued: The call for attracting investment in exploration licenses in the fields of gold and copper is among IMIDRO’s priorities.
IMIDRO’s official added: This organization also has a plan to attract investment for an underground iron ore reserve of 300 million tonnes this year. In addition, activating the alumina chain, which had been neglected for years, is part of IMIDRO’s development plans.
In conclusion, he added: “We hope that with the support of the government and the backing of the Ministry of Industry, Mines and Trade, mining companies and mineral industries will be able to meet their energy needs by acquiring a gas field, so that we will no longer face production deficits, declining company revenues, and related issues.”