Iran Maintains Active Presence
at IMARC 2017 Australia
“Iran has 68 types of minerals, enormous energy resources,
convenient access to international waters, a consumer market of
80 million, and is situated in the middle of a big consumer
market of 500 million people.” Dr. Karbasian said
The fourth International Mining and Resources Conference (IMARC) and a
sideline exhibition was held in Melbourne, Australia, from October 30 to
November 2, 2017. The conference is one of the most prestigious
international events in Australia. Iran is keen to have technological
relations and joint investment with Australia, one of the world’s leading
countries in mining and mineral industries.
This year, the Iranian delegation attended the conference upon an official
invitation from the Victorian government. The Iranian team was one of the
largest delegations in Australia. Dr. Mehdi Karbasian, CEO of the Iranian
Mines and Mining Industries Development and Renovation Organization (IMIDRO)
and Deputy Minister of Industry, Mine and Trade, led the Iranian delegation.
The team comprised public-private sector representatives and held several
meetings with foreign partners. The private sector of Iran, with 25
representatives, had an active presence in this gathering.
On the first day of the conference, Karbasian introduced Iran’s investment
opportunities as a keynote speaker. He explained the reforms to the
investment laws in Iran and pointed to investment opportunities in the
mining and mineral sector of Iran worth $50 billion. According to him, the
creation of special economic and investment zones beside open seas and high
energy resources in southern Iran, along with a consumer market of 500
million people in the region, have created one of the best investment
opportunities. He continued: “In 2015, when I came to Australia, numerous
negotiations were held with the government and the private sector here. In
the post-JCPOA era, Australian and Iranian public and private companies held
many meetings, and there was an understanding between the two sides. Today,
private companies from Iran are attending the conference and will visit
Australian corporations and mines, while several meetings have been held.
There also several MoUs have been inked that will promote bilateral
In recent weeks, some European banks have decided to step up exchanges with
Iran, he said, adding that at the moment, about $30 billion in finance has
been opened by Asian countries. “And soon we will see a higher level from
Karbasian also talked about the relative and competitive advantages of
mining and mineral industries in Iran and described the strategic situation
of Iran to the audience. He said: “Iran has 68 types of minerals, enormous
energy resources, convenient access to international waters, a consumer
market of 80 million, and is situated in the middle of a big consumer market
of 500 million people. Iran has world-class open-air mines and skilled
engineers, specialists and technicians.”
He also briefly described the status of Iran in steel, copper, aluminum,
lead and zinc, and talked about Iran’s resolve to complete these chains by
the 2025 Outlook Plan. He finally pointed to IMIDRO’s extensive exploration
of 250,000 square meters, saying that the results of these discoveries have
created new investment opportunities in Iran. He invited all international
investors to visit Iran and use this rare opportunity to forge mutually
beneficial growth and profit.
Karbasian attended a luncheon thrown in honor of senior officials attending
the conference and met with officials from the Australian state of Victoria,
including its treasury and mines minister.
In the follow-up sessions of the conference, the Iranian delegation held a
meeting with officials of Austmine (Australian Mining Equipment, Technology
and Services Association) which with 400 members is the largest Australian
Meanwhile, Vajihollah Jafari, CEO of Iran Minerals Production and Supply
Company (IMPASCO), also had an effective presence in IMARC 2017. IMPASCO is
the executive arm of IMIDRO in the mining sector. It signed a few notes on
cooperation with Australian companies during the trip of the Iranian
In this event, Seyed Hossein Hashemi, adviser to interior minister and
senior mining expert, as well as Bahram Shakouri, commission chairman of
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA),l and
the CEO of Mobin Road and Mining Construction Company, accompanied Karbasian.
Karbasian also met with CEO of Fortescue Metals Group (FMG), Neville Power,
the largest iron ore company in Australia and invited him to participate in
the development of iron and steel chains from the stage of exploration to
processing. To this end, the first working session was held in Melbourne and
it was decided that FMG vice president, Tony Swiericzuk set up a joint
working group between IMIDRO and FMG. The first meeting of the joint group
was held in Melbourne.
At a special dinner thrown in honor of the Iranian delegation by John Bolt,
Minister of Economics and Mines of the State of Victoria, discussions were
held on increased cooperation and ways to develop bilateral ties.
Negotiations were also held with Newcrest, the largest gold producer in
Australia on its participation in Iranian gold mine projects, as well as
transfer of technology, expertise and training.
Another meeting was held with senior ATC officials who welcomed presence in
the Iranian market. Karbasian also gave an interview to the Reuters in which
he spoke about the capabilities and potentials of Iran’s mining and mineral
industries, which was covered by the news media.
In another development, the Iranian delegation visited the Australian lead
and zinc mines and talked about transfer of experiences to Iran and presence
in its world-class mines, which was welcomed by the Australian side.
By properly taking advantage of the opportunity provided in Melbourne,
Karbasian presented the comparative and competitive advantages of Iran in
mining and mineral industries to the participants from 77 countries and
invited all major international companies to participate actively in mining
and mineral projects in Iran. According to experts present at IMARC 2017,
Dr. Karbasian is known as a successful figure in the mineral economy, and
most large companies know him as a smiling face.
Since specialized training and transfer of skill experiences is one of the
important goals of Dr. Karbasian as the steersman of IMIDRO, he did not
overlook this aspect of his responsibility along with Shamsuddin Siasi Rad,
IMIDRO Director of Education, Research and Technology.
In this trip, a Memorandum of Understanding has been prepared to be signed
with Western Australia University. The two sides have agreed on
establishment of a joint specialist training institute in the mining and
mineral sector in Iran. Also, extensive talks were held with the Australian
Technical and Further Education (TAFE) College and Holmesglen Institute to
conduct mine training courses that will be operational during the next three
months. In continuation, negotiations were held with the Melbourne
University on specialized water management and portable minerals equipment
courses, and the talks will continue.
Among other members of the Iranian delegation from the private sector, were
Ardeshir Saad Mohammadi and Heydar Zayghami, two senior managers of Iran’s
Zinc Mines Development Holding. They set up a booth at IMARC 2017 sideline
exhibition and inked MoUs on economic development cooperation with the
Australian parties and some participants from other countries. The managing
director of Isfahan’s Mobarakeh Steel Co. also held meetings with leading
Australian companies on modern mining and processing technologies. Another
important group attending the conference and exhibition was the specialized
team of Gol Gohar Industrial and Mineral Complex, headed by Nasser Taqizadeh.
He held several meetings with Australian partners and delegates from other
countries on Gol Gohar’s development plans and the international trade
chain. Fakoor Sanat Company was another successful Iranian company and
contractor in mining and mineral industries which participated in the