Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, is a major state-owned
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
active in the
mining sector in Iran. IMIDRO has 8 major companies and 55 operational subsidiaries active in steel, aluminum, copper, cement and mineral exploitation fields.
In 2002, IMIDRO and its subsidiaries had 49.3 thousand employees with a total asset value of 33.5 thousand billion
Rials. In 2002 IMIDRO subsidiaries' annual turnover value was estimated at 3.23 thousand billion Rials and their export at 448 million dollars in 2002.
Foreign projects
In 2009, IMIDRO reported that 9 countries including
Algeria
Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Alger ...
,
Belarus
Belarus, officially the Republic of Belarus, is a landlocked country in Eastern Europe. It is bordered by Russia to the east and northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Belarus spans an a ...
,
Bolivia
Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...
,
Ecuador
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contain ...
,
Iraq
Iraq, officially the Republic of Iraq, is a country in West Asia. It is bordered by Saudi Arabia to Iraq–Saudi Arabia border, the south, Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq border, the east, the Persian Gulf and ...
,
Lebanon
Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south ...
,
Syria
Syria, officially the Syrian Arab Republic, is a country in West Asia located in the Eastern Mediterranean and the Levant. It borders the Mediterranean Sea to the west, Turkey to Syria–Turkey border, the north, Iraq to Iraq–Syria border, t ...
, and
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...
would have
cement plants which will be constructed by Iranian engineers.
That same year, Iran produced some 65 million tons of cement per year and exported to 40 countries.
Main subsidiaries
*Al-Mahdi Aluminum Company
*Ehdas Sanat Company (ESC) - Cement company
*
Esfahan Steel Company (ESCO)
*Heavy Equipment Production Company (HEPCO)
*
Iranian Aluminum Company (IRALCO)
*Iranian Minerals Production and Supply Company (IMPASCO)
*Khouzestan Steel Company (KSC)
*
Mobarakeh Steel Company (MSC)
*
National Iranian Copper Industries Company (NICICO)
[{{cite web, url=http://www.nicico.com/, title=شرکت ملی صنایع مس ایران, website=www.nicico.com, access-date=2016-05-22, archive-date=2019-08-31, archive-url=https://web.archive.org/web/20190831085206/http://nicico.com/, url-status=live]
*National Iranian Steel Company (NISCO)
*
Ministry of Industries and Mines Institute for Training & Research (ITR)
*Persian Gulf Mining & Metal Industries Special Zone (PGSEZ)
See also
*
List of steel producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers wit ...
*
Mining in Iran
*
Construction in Iran
The construction industry of Iran is divided into two main sections. The first is government infrastructure projects, which are central for the cement industry. The second is the housing industry. In recent years, the construction industry has b ...
*
Privatization in Iran
*
IDRO Group
The Industrial Development & Renovation Organization of Iran (IDRO) known as IDRO Group was established in 1967 in Iran. IDRO Group is one of the largest companies in Iran. It is also one of the largest conglomerates in Asia. IDRO's objective is t ...
*
Geological Survey and Mineral Exploration of Iran
References
External links
IMIDROPersian Gulf Mines and Metals
Mining companies of Iran
Ministry of Industry, Mine and Trade (Iran)
companies based in Tehran
Iranian entities subject to U.S. Department of the Treasury sanctions