Iran Minerals and Mining Tenders

Richly endowed, untapped potential: Iran boasts 68 types of minerals and 37 billion tons of proven reserves, ranking 15th globally. Yet, the mining sector remains underdeveloped.
Opportunity awaits: With estimated potential reserves exceeding 57 billion tons, Iran presents a lucrative opportunity for investors seeking to tap into its vast mineral wealth.

The Iranian government plays a significant role in the mining sector, actively procuring minerals and mining products and services. This procurement fuels industry growth and attracts foreign investment.

The government procures a wide range of minerals and mining products, including iron ore, copper, lead, zinc, molybdenum, and gypsum. Additionally, services such as exploration, extraction, and processing are also sought.

The Ministry of Industry, Mine and Trade oversees the entire mining sector, including procurement activities. Other key players include the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and the National Iranian Copper Industries Company (NICIC).

Global participation: International companies from China, Turkey, Russia have emerged as key winners of Iranian government minerals and mining procurement projects.
Local champions: Domestic companies like Golgohar Mining and Industrial Company and Chadormalu Mining and Industrial Company are also major players in the market.

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