Iran’s Successful Presence in IMARC Melbourne
Dr. Karbasian urged Australian companies to move faster if they want
to maintain presence in the Iranian market and do not want to lag
behind the European and East Asian rivals.
At the invitation of Minister for Energy and Resources of Australia’s
Victoria State, Lily D’Ambrosio, Managing Director of the Iranian Mines and
Mining Industries Development and Renovation Organization (IMIDRO) Dr. Mehdi
Karbasian attended the International Mining And Resources Conference
Melbourne (IMARC Melbourne) from November 9-12, 2015. Dr. Karbasian headed a
delegation comprising IMIDRO directors and representatives from Chadormalu
Iron Ore Company, Gol Gohar Complex and Mines and Metals Investment Company
as well as chairman of Tehran Chamber of Commerce, Industries, Mines and
Agriculture and his deputy to the conference.
Dr. Karbasian, one of the main speakers of the event, delivered a speech on
‘prospect of the mining sector and mineral industries of Iran; investment
opportunities’ which was hailed as one of the most popular programs of the
conference. Clearly outlining the advantages of investment in the Iranian
mining sector and mining industries, Karbasian made a reference to the
valuable mineral reserves of Iran, considerable gas reserves, long and
strategic coastlines, access to international waters, expert and
knowledge-based manpower, and domestic and regional consumption markets. He
explained development strategies of the mine and mining industries of Iran
and invited all the investors to visit Iran and get closely acquainted with
the conditions. He termed public and legal protection for the presence of
the investors as a relative advantage in this regard.
In the course of the meetings which were held on November 10, Karbasian and
Jay Meek, Trade Deputy of the Economic Development Department of the State
of Victoria and John Butler, Commercial and Economic Representative of
Victoria in Dubai held talks and exchanged views on the expansion of
Iran-Australia economic relations in the field of mine and mining industries
by focusing on trade-exploration and R & D – joint cooperation and
investment in a third country such as the CIS countries and Afghanistan and
transfer of technical, technological and expert training knowledge related
to the mine and mining industries.
In a separate meeting with Isaac Court from the Australian Trade Commission,
the two sides discussed expansion of trade relations in the field of mineral
On November 11, Karbasian met and conferred with Bob Adam, Managing Director
of AMC (Australian Mining Company) to discuss long-term contracts for the
supply of the required bauxite by Iran’s aluminum industry. The two sides
also reviewed the process of cooperation in bauxite mine in Guinea which is
highly important for Iran’s aluminum industry.
In continuation of the business trip, Karbasian met with Robert Trzebski,
senior Executive Director of Austmine which is the largest mining
association in Australia with a turnover of $90 billion in 2014. The
Australian side announced full readiness for cooperation in the field of
transfer of technology from exploration up to final exploitation. Inviting
members of the companies affiliated with Austmine to pay a visit to Iran to
become acquainted with investment opportunities, the IMIDRO chief stressed
the expansion of mining relations of Iranian and Australian companies
through further communication of IMIDRO and Austmine.
Karbasian held a separate meeting with the managing director and senior
directors of Instep, the largest expert training company in the field of
mine and mining industries. The Australian side announced its full readiness
for cooperation in the field of education, research and development with
IMIDRO through Iran Mineral Processing Research Center (IMPRC) and other
relevant companies. Australia is one of the advanced mineral countries and
educational interaction between the two countries will be highly beneficial.
On November 11, also a meeting was held between Karbasian and Steve
Coughlan, head of the board of directors and owner of Byrnecut Company which
is the largest contractor company in Australia in the field of mine,
especially underground mines. In this meeting, the two sides held good talks
on further cooperation on IMIDRO projects in the form of EPCF.
Karbasian also attended a luncheon hosted by Ms D’Ambrosio.
On the second day of the visit, Karbasian, accompanied by IMIDRO experts and
directors, met with officials from World Poly, Gasco, ATC Williams, CSIRO,
PWC, and KPMG which are all among creditable Australian companies in the
field of mine and mining industries. In these meetings, the Australian sides
were invited to make investments in the field of mine and mining industries
in Iran with the priority of transferring technical and technological
On November 12, Karbasian started his meetings with Hugh Morgan, Managing
Director, and senior officials of Arete Capital Company which is one of the
largest financing and investment companies of Australia. The Australian
company was invited to make financing and direct investment in IMIDRO
projects. This was followed by a meeting with Terry Arson, Managing Director
of Forescue Metals Mining Group, the third large producer of iron ore in
Australia and the fourth iron ore giant in the world with a production of
165 million tons of iron ore per year and possessing railroad and port
transport system. It also owns 100% of the equipment and facilities for
production and transportation up to the destination. Karbasian demanded
transfer of expertise and participation in the development of Iran’s mining
infrastructures in the form of joint ventures, either directly or jointly
through Australian and Iranian companies.
Karbasian also conferred with Josh Frydenberg, MP and Energy and Resource
Minister of Australia and reviewed expansion of economic relations between
Iran and Australia, especially in the field of mine and mining industries.
Meanwhile, Chairman of Tehran Chamber of Commerce, Industries, Mines and
Agriculture Masoud Khansari met with Mark Stone, Chairman of Melbourne
Chamber of Commerce and discussed resumption and expansion of economic ties
between the two sides’ companies.
In his meeting with Frydenberg, Karbasian presented him with an official
invitation from Minister of Industry, Mine and Trade Mohammad Reza
Nematzadeh to visit Iran. Grounds were also prepared for the presence of a
high-ranking Australian delegation in the field of mine, industry,
agriculture and trade in Iran. Also, it was decided that Australian
companies attend IMIS 2016, Iran’s mining conference.
Australia’s Ambassador in Iran Paul Foley in the closing days of 2015 met
with head of IMIDRO board of directors and announced that the Australian
minister of trade and investment will visit Iran at the head of an economic
delegation comprising senior directors of large Australian mining, mineral,
industrial and trade companies. He said according to the schedule, the visit
will take place by May 2016.
The ambassador also announced the decision of his country’s chamber of
commerce for opening an economic bureau in Iran (Tehran) and said the
Australian government and companies are fully aware of economic
opportunities in the Iranian market and expansion of economic cooperation
with Iran is of special attraction for them.
Foley referred to the position of the world known mining companies and said
only a few countries such as Brazil, Canada and the United Sates have mining
companies as large as the Australians. Therefore, presence of Australian
companies will result in outstanding development in promotion of bilateral
relations in the mining sector.
According to the Australian ambassador, the two sides will have a good
future for the development of cooperation, especially in the mine sector and
the mineral industries. Also speaking in the meeting, head of the IMIDRO
board of directors welcomed presence of Australian companies in Iran and
said an invitation has been forwarded to the Australian mines minister by
Nematzadeh. Karbasian stressed: “We also intend to have presence of
officials and head of large Australian companies in Iran’s specialized
conferences such as oil and steel – IMIS as well as prospect of steel (ISMC)
prior to the visit of the Australian economic delegation.”
He further said
that in IMIDRO’s point of view, cooperation and investment in mining
information, research and development as well as technology enjoys higher
priority than other fields. Dr. Karbasian urged Australian companies to move
faster if they want to maintain presence in the Iranian market and do not
want to lag behind the European and East Asian rivals.