Resumen de Iran calls for upgrades in mineral processing tech

Industrial Minerals, Davide Ghilotti

• "We have huge resources and a large market for industrial minerals in the country and the Middle East," Alireza Ganji, assistant professor at Islamic AZAD University, told delegates at the IM Congress in Prague, Czech Republic. "Our technologies are outdated, tech companies need to go to Iran to install processing equipment for industrial minerals in the country's [mines and factories]." Speakers noted that the agreement reached earlier this year between international negotiators and Iran to limit its nuclear programme will bring about numerous benefits as sanctions are phased out. These include the removal of cargo inspections on Iranian imports and exports, the possibility for Iran to export its oil and banking relations with Iranian operators that could return to normal.

  Things will take a turn for the better in the near future. As Iran opens up, service providers are coming in. The Commercial Bank of China is to open branches in the country, and KBC Bank of Belgium, DZ Bank of Germany and Austria Bank are looking at possibilities. Transport costs on trade with Iran are expected to decline and economic growth is forecast. Iranian GDP is expected to hit 5.5% in 2020 and, this year, Menos