۴۶-billion Tomans Guarantee Submission Required to Sign Mehdiabad Contract

 

In an interview with Minenews, Bahram Shakoori said that participating in  such a huge project like Mehdiabad Lead and Zinc Mine requires special preparations. He carried on to say: one of the requirements is submission of guarantee by investor and project contractor, which we did to participate in the contract. We shall also provide a 46-billion tomans guarantee after we win the tender to get the contract signed.

Having said that almost all members of ILZIMA (Iran Lead and Zinc Industries and Mines Association) have participated in the consortium led by Mobin Road Construction and Mining, he added: Mobin Consortium has got a good composition of memebers and I hope all involved help to finalize and deliver the Mehdiabad Mine project successfully. Regarding the participation of Glencore, he said: we are going to meet their representative, Iranian and foreign partners of the other two consortiums have expressed their interest to cooperate with us.

As reported by Minnews, a total of three consortiums led by Sadrtamyn, Mobin Road Construction and Mining and Iran Zinc Mines Development Holding had participated the call for investment in the construction and operation of processing plants of Mehdiabad Lead and Zinc Mine but the consortium led by Mobin Road Construction and Mining Company won the tender after opening price envelopes yesterday.

Today in a formal letter, IMIDRO announced the winning consortium of investment call.