Policy to Reduce Production Shutdowns in the Mining Industries , IMIDRO’s Model for Transferring Mines to Qualified Individuals

According to IMIDRO's public relations, Mohammad-Masoud Samiei Nejad at the opening of the 22nd
Iran Metallurgy Exhibition (Metafo) noted: a working group of officials has been formed in the field of
winter fuel supply for the steel and mining industries following the order of the Minister of Industry,
Mine and Trade.
He declared: With coordination with the Ministry of Petroleum and the Ministry of Energy, and under
the President's order to minimize stoppages in production policy, we have divided the energy
consumption of energy-intensive industries on a provincial basis so that the provinces themselves can
manage consumption. In addition, the gas quota will be allocated based on the type of industry and the
value of production.
Samiei-Nejad emphasized: to reduce production stoppages given the winter gas shortage, it was decided
that annual maintenance of large industries should be carried out periodically during shutdown periods.
Required capital to achieve 13% growth in mining

The Deputy Minister, regarding the need to reach the targeted 13% growth in the mining sector, stated:
To achieve this goal, about $30 billion is required for the production sector, and considering the
infrastructure sector, according to the Mine House's evaluation, $55 billion is needed.
He added: all our efforts are directed toward achieving this goal.

Export policies of a $13 billion mining chain

The deputy minister of industry, mine and trade, pointing out that the country’s policies on exports in
the mining chain are supportive, stated: this sector has always helped earn foreign currency for the
economy, and export policies have enabled us to achieve more than $13 billion in exports within the
industrial chain.
He added: fortunately, mining sector was the only area that no factor in the sanctions could prevent it
from moving.

Two Mineral Advantages of Iran for Export
IMIDRO’s Chairman of the Executive Board of Directors, regarding Iran's two important advantages in
the mining sector compared to countries in the region, noted:

These two factors include mineral resources and gas energy, but countries in the region either have gas
and do not have mineral resources, or if they have mineral resources, they are deprived of gas energy.
Program to transfer mines on the commodity exchange

Samiei-Nejad, referring to IMIDRO’s plan to transfer mines on the commodity exchange, stated:
Accordingly, we will define a model so that individuals with technical and economic qualifications can
enter this market.

Closure of Mines Ignoring Safety

The Deputy Minister of Industry, Mine and Trade, noting that desirable actions on the smartening of
mines — especially in the area of safety — had been initiated at IMIDRO before my appointment,
stated:
The safety of each industrial unit is related to the Ministry of Cooperatives, Labor and Social Welfare,
the Organization of Mining Engineering System, the HSE units, and the provincial industries
organizations associated with the Mining Safety Engineering Systems.
He added: regarding safety, we formed a working group with the Ministry of Cooperatives, Labor and
Social Welfare and the Organization of Mining Engineering System, Subsequently, I ordered that mines
that lack safety and do not use appropriate equipment be closed.