In a move to boost private sector participation in Iran's mining industry, the government has announced plans to offer 30 investment packages worth a total of 180 trillion rials (approximately $360 million) by the end of the current Iranian year on March 20, 2026. This initiative aims to attract domestic and foreign investors to explore and develop the country's vast mineral resources. According to Vahid Rezai, the deputy head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), these investment packages cover a wide range of mining projects, including exploration, extraction, and processing of various minerals such as copper, gold, iron ore, and coal. The packages are designed to provide attractive opportunities for private companies to invest in Iran's mining sector, which has been traditionally dominated by state-owned enterprises. Rezai emphasized that the government is committed to creating a favorable business environment for private investors by streamlining regulations, offering incentives, and providing necessary infrastructure support. He also highlighted the potential for technology transfer and job creation through these investment packages. Iran's mining sector has long been considered a strategic industry, contributing significantly to the country's economic development and export earnings. However, years of sanctions and underinvestment have hindered its growth potential. By opening up the sector to private investment, the government aims to modernize operations, increase production capacity, and enhance the competitiveness of Iranian mineral products in global markets.