At the Private Sector - Government Dialogue Council meeting in Tabriz, attended by the Minister of Industry, Mines and Trade;

Dr. Mohammad Masoud Samiei Nejad, Deputy Minister, speaking at the meeting of the
Private Sector-Government Dialogue Council in the Tabriz Chamber of Commerce, noted:
"Active licenses related to the copper sector will be purposefully entered into the development
cycle, and if gold and copper mines are available to the private sector, the possibility of active
and effective entry into this field is provided."

Exploration Licenses’ support

The Deputy Minister of Industry, Mines and Trade declared: We have a program to renovate
machinery in the exploration sector and added: “To reduce investment risk, discovery licenses
will become lower-risk through technical and financial support, and the necessary guarantees
will be provided via the National Insurance Fund.”
In another part of his speech, Samiei Nejad referred to the steel chain and said, “By order of the
minister of industry, mine and trade, pricing methods for the steel chain on the Commodity
Exchange will be implemented with the necessary facilities, in order to strengthen transparency
and fairness in the market for this strategic product.”

In conclusion, Samiei Nejad, while emphasizing IMIDRO's role in removing production barriers,
stated: "As the designated entity for the mining sector, we are alongside industry and mining
activists to pave the way for sustainable and job-creating development in the country through
synergy and operational support."