Meeting of the National Iranian Copper Industries Company and the Vice-Presidency for Science

Technology, and Knowledge-Based Economy at the 13th International Exhibition of Investment Opportunities in Mining and Mineral Industries (MINEX 2024)

This meeting was held to utilize the capabilities of the knowledge-based ecosystem, particularly in the field of advanced materials and mining waste.

Social Responsibility Meeting of Key Players in the Exploratory Drilling Industry toward Local Communities and Indigenous Populations at MINEX 2024

Mohammad Aghajanlou, Head of IMIDRO (Iranian Mines & Mining Industries Development & Renovation Organization), participated in MINEX 2024 and held discussions with mining and mineral industry stakeholders.

During this program, he visited the IMIDRO booth as well as other mining and mineral industry companies and, through discussions with active participants in this field, became acquainted with the latest achievements in mining and mineral industries.

Attendance of Officials at MINEX 2024:

Mehdi Hamidi, Director General of the Mining Operations Office, Ministry of Industry, Mine, and Trade (MIIT)

Omid Keshavarzpour, Director General of the Exploration Office, MIIT

Seyfollah Amiri, Advisor to the Deputy Minister for Mining, MIIT

Meeting on Introducing Private Sector Investment Platforms and Cooperation with IMIDRO Across the Entire Mining Chain (from Exploration to Mineral Extraction) through Concessions or Partnerships at MINEX 2024

This meeting included:

Fattahi, Director of Exploration at IMIDRO

Karimi, Deputy for Planning and Development, National Minerals Production and Supply Company

Keshavarzpour, Head of the Exploration Office, MIIT

Karimi, Deputy for Planning and Development of the National Minerals Production and Supply Company, stated in this specialized meeting:

The transfer of mining projects by IMIDRO and IMPASCO occurs in five models, including:

Attracting investment for exploration, extraction, and sale of mineral materials

Attracting investors for mine development

Management of subsidiary complexes

Supply of raw mineral materials conditional on the establishment or expansion of processing plants

Partnership for investment through the formation of an operating company

Signing of a Memorandum of Understanding (MoU) between Reza Ashraf Semnani, Head of the Non-Oil Drillers’ Union, and Mohammad Reza Shini Moghadam, CEO of Arka Hamayesh Yars Exhibition Company, at MINEX 2024

This MoU was concluded to establish a permanent secretariat and hold an annual specialized event in the field of exploratory drilling and related issues for the first time in the country.

Other side programs of the exhibition included specialized meetings with the participation of the Vice-Presidency for Science and Technology, IMIDRO, the House of Mines of Iran, and the Non-Oil Drillers’ Union on topics such as:

Requirements for mining sector development

Challenges in the exploratory drilling industry and solutions to increase efficiency

Social responsibility of key players in the exploratory drilling industry toward local communities and mining regions

Introducing private sector investment platforms and cooperation with IMIDRO across the entire mining chain

Investment opportunities in the core drilling industry

Joint Cooperation MoU between RighTel and Esfahan Steel Company

subsidiaries of Shasta Holding, for Smartification of Esfahan Steel Infrastructure

The MoU was signed on 26 September (5 Mehr) on the sidelines of the 13th International Exhibition of Investment Opportunities in Mining and Mineral Industries (MINEX 2024), in the presence of Hossein Malazadeh, CEO of RighTel, and Mehdi Koohi, CEO of Esfahan Steel Company.

RighTel and Esfahan Steel Company signed a special cooperation agreement regarding smartification of infrastructure and development of industrial artificial intelligence. Since late last year, various initiatives have been underway to digitize Shasta’s holdings and implement digital transformation.

This MoU was concluded in line with the directives and guidance of the Supreme Leader, aiming to enhance Iran’s position in artificial intelligence, and in accordance with the 7th Development Plan, to leverage smartification capabilities, industrial AI, expand communication services, and promote digital transformation within Shasta holdings, ultimately increasing productivity and transparency.

The cooperation framework in this MoU focuses on RighTel providing smartification and communication services to Esfahan Steel Company in order to:

Increase efficiency

Increase revenue or reduce costs

Reduce human errors

Improve performance and customer experience

With the signing of this MoU, both parties commit to exert maximum effort to expand national capabilities in the areas covered by this agreement and achieve national self-reliance.