Iran and Russia Form Joint Committee to Boost Mining Cooperation

TEHRAN (Iran News) In a meeting between IMIDRO and Zarubezhgeologia, Aghajanlou stated that the committee will oversee the execution of the cooperation document’s programs, with Iranian and Russian representatives managing implementation while the agreement’s supervisory and decision-making bodies remain in place.

“The historical ties between Iran and Russia in mining cooperation have a proven track record, leading to the activation of highly productive mines in Iran,” Aghajanlou remarked. He highlighted past exchanges of expertise in exploration, coal, and mine safety between the two nations, expressing hope for continued collaboration.

The deputy minister of industry, mine, and trade added that final revisions to the signed mining and underground exploration agreement should be completed to move toward practical implementation. He noted that both countries possess significant experience in the steel supply chain and other metal products. For instance, Iran’s PERED direct reduction technology has emerged as a competitor to the MIDREX method, showcasing Iran’s growing capacity to execute related projects—expertise that Russia could tap into.

Aghajanlou further emphasized that, under the memorandum of understanding, Iran’s Mineral Production and Supply Company and its Russian counterpart should take steps to transfer knowledge on deep reserve exploration and the design and extraction of underground mines. He also pledged to provide the necessary facilities and equipment in Iran for training programs in this field.

At the same meeting, Alexey Destyatkin, CEO of Zarubezhgeologia, referenced the recent strategic document signed by the presidents of Iran and Russia, which prioritizes cooperation in geology, mining, and mineral industries. Destyatkin, who met with Iran’s Minister of Industry, Mine, and Trade during a visit to the third Eurasia Trade Exhibition currently underway, said the minister underscored the importance of expanding mining ties.

“We are committed to implementing the agreement,” Destyatkin said. “During our visit to Anomaly 21 in Yazd with colleagues, we outlined a clear path for collaboration.”

He affirmed Russia’s willingness to transfer technology and train Iranian specialists in geology, geophysics, and related fields. Destyatkin also mentioned site visits to mining areas in Zanjan and Jiroft, proposing on-the-ground training courses covering topics like airborne geophysical technology.

The joint committee marks a significant step toward deepening Iran-Russia ties in the mining sector, leveraging their shared expertise to unlock new opportunities.