Iran, Australia confer on expansion of mining co-op

October 10, 2020 - 16:34

TEHRAN - Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Khodadad Gharibpour and the Australian Ambassador to Iran Lyndall Sachs met on Saturday to discuss the expansion of mining cooperation between the two countries.

In the meeting, Gharibpour called for cooperation with the Australian side in various areas including training, exploration, extraction, and new technologies, IRIB reported.

Noting that the mentioned areas were a priority for cooperation between the two sides, the official added: "In-depth exploration and extraction is one of our main needs for the development of the mining sector and we intend to benefit from research and development as well as the technical knowledge of Australian companies in this regard."

He further noted that Australia is one of the world’s leading countries in the mining industry and said: "Small [Iranian] mining companies are also looking for cooperation in the fields of education, technology, exploration, and extraction."

“The officials of the two countries should support and promote cooperation between the two sides’ private sectors,” Gharibpour stated.

The IMIDRO head also emphasized Iran's position in steel production and added: "In the first half of this year, despite the fact that the world's largest producers reduced production, Iran was able to increase output by 10 percent."

“Iran is expected to produce more than 30 million tons of steel ingots this year, of which about half will be exported," Gharibpour added.

He also mentioned the plan for increasing the country’s steel production capacity in the southern coasts and said: "Currently, we have two projects with 10 million tons of steel production capacity in southern Iran, and importing iron ore from Australia will be among the suitable options for the feedstock of these projects."

EF/MA

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