The normalisation of relations between Iran and 'the West' has the potential to have a not insignificant impact on both the country's demand and supply of metals over the coming years. On the demand side, an economy starved of investment in recent years can now expect growth in foreign direct investment (FDI), which will bolster economic expansion. Meanwhile, on the supply side Iran too has great potential in various areas, given a rich geological endowment. Iran has large reserves of coal, iron ore, copper, lead and zinc and mining is generally open-pit and high grade. In this insight we look across the metals and mining sector and assess the potential impact of Iran once again rejoining the international community.
Table of contents
Zinc and lead
Tables and charts
This report includes 4 images and tables including:
Foreign direct investment inflows have huge potential to increase
Diversification of Iran's steel sector should return...
...though the industry will not be sheltered from imports
Copper mine project development could benefit over the longer term