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Outlook for the Aleshtar steel cord project in Lorestan Province

According to Kaniyar Saei (Kanisa) Public Relations, Ardeshir Saad Mohammadi, CEO of Mines and Metals Development Investment Company (Vamaaden), discussed development in underserved regions. He said that locating the mining and metals holding company’s projects in these areas would create jobs and financial activity, and explained the construction of the steel cord conveyor belt plant […]
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Financing the steel cord conveyor belt project: ending dependence on imports of a strategic product

Following the extraordinary general shareholders’ meeting and approval of the project, the first step towards financing the Aleshtar steel cord and textile-reinforced conveyor belt plant through a capital increase was taken. According to Kaniyar Saei (Kanisa) Public Relations, following economic, technical and financial feasibility studies […]
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