Samie Nejad’s 3 orders for the implementation of Chadormalu projects / Defining a new project in the steel chain requires obtaining a license from IMIDRO.

According to IMIDRO's public relations, in a meeting between Mohammad Massoud Samiei Nejad, IMIDRO’s Chairman of the Executive Board of Directors, and the head of Chadormalu Mining and Industrial Company, the status of the development projects of this complex was monitored and reviewed.
Deputy Minister, emphasizing the necessity of executive discipline in the projects, noted:
Chadormalu Company is obligated to provide a precise and up-to-date executive schedule for
projects that have more than 50 percent physical progress, so that the progress can be
monitored and effective decisions can be made.

Projects financing
Regarding the need to accelerate the implementation of some projects and manage financial
resources, he added: Some Chadormalu projects can be assigned or jointly advanced with the
participation of other shareholders in order to increase the speed of implementation and
financing. Also, the use of the "project company" capacity and its offering in the capital market, as one of the financing tools, was emphasized.

50 ongoing projects in Chadormalu Complex
In this meeting, the head of Chadormalu also presented a report on the status of ongoing
projects and the company's future development plans, and emphasized the readiness of this
complex for synergy with IMIDRO in the path of realizing development goals.