Thursday, December 14, 2017

Iran, Sverdlovsk region seek partnership for mining projects

Eugene Kuyvashev, governor of the Sverdlovsk region, and Mohammad Nasser Nikbaht, governor of the Iranian province Hamadan, recently met to negotiate partnering for mining and ore-processing projects.

Kuyvashev reminded Iranian officials that the Sverdlovsk region holds many industrial options that may prove helpful for Hamadan, which like Sverdlovsk is in a mountainous area. 

"We have a rich tradition in the field of extraction and processing of minerals, (and a) major engineering school, Kuyvashev said. "I believe that in this area we have the opportunity to develop joint projects.”

A partnership between Sverdlovsk technology and equipment companies and the Iranian market could prove mutually beneficial, a Sverdlovsk Investment News report said.

"Hamadan has an extremely rich natural resources, where there are more than 30 kinds of rare minerals,” Nikbaht said. “To date, we have no way to process raw materials on the spot since the restrictive measures on trade with Iran significantly inhibited the development of the economy of the country, so for us (Russian technologies in this area are) very important... .” 

Nikbaht also said that the Iranian province intends to expand trading with Russia in agricultural goods.

Organizations in this story

Sverdlovsk Investment News Yekaterinburg, Sverdlovsk Oblast

Get notified the next time we write about Sverdlovsk Investment News!