Mining

KIOCL Ltd.

Industry
Mining
Symbol
BOM: 540680
Country
India
Contact Information
Sources

"KIOCL Ltd has made a shipment of iron ore pellets to Iran under the Centre’s ‘Make In India’ concept. The vessel – m.v. Aries – with 66,500 tonnes of iron ore pellets was flagged off at New Mangalore Port on Saturday. The p is targeting to export 0.5 million tonnes of pellets during the year." (January 2016)

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"An Indian state company has agreed to sell high-quality iron ore pellets to Iran, its chairman told Reuters, in what could be a $200 million annual deal that signifies expanding business ties between the countries as sanctions against Tehran ease... KIOCL Ltd, owned by India's steel ministry, could sell as much as 2 million tonnes of pellets to Iran to meet substantial local demand, Chairman Malay Chatterjee said. Keyvan Ja'fari Tehrani, head of international affairs at the Iranian Iron Ore Producers and Exporters Association, said a final agreement was yet to be struck. But he agreed the demand was there. 'The production of pellets in Iran is not sufficient,' Tehrani said, adding there's a need to import between 7 and 8 million tonnes a year. Iran produced 21 million tonnes of iron ore pellets last year while demand reached 28 to 29 million tonnes, he said. KIOCL has been in talks with Tehrani as well as Iran's state-owned mines and metal holding company IMIDRO and the Iranian Mines and Mining Industries Development and Renovation Organisation, said Tehrani. Negotiations are also going on to bring in 1 million tonnes of low-quality iron ore from Iran, process it at KIOCL's coastal facilities in India, then export pellets to Iran, said Chatterjee. A senior steel ministry official confirmed the talks." (Reuters, "India to sell high-grade iron pellets to Iran as ties strengthen," 7/28/15)

 

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“With plans of exporting iron pellets to China falling through and efforts to gain a captive mine in the State yielding no results, Mangalore-based KIOCL is now looking for a bilateral agreement with the government of Iran to import iron ore and export pellets… ‘On a rupee-trade mechanism, KIOCL is proposing to open up export mechanism with Iran. The Iranian Minister of Mining had visited Delhi and overviewed the functioning of the company. KIOCL can play a role in meeting the big demands there…We are upbeat about this and the ministry is also supporting the proposal,’ he said. Iran, Mr. Chatterjee said, would import more than 20 million tonnes of iron pellets over the next five years, and KIOCL had the capacity to produce 4 million tonnes annually.” (The Hindu, "KIOCL to source iron ore from Iran," 08/5/14)

Outotec

Industry
Mining Products
Symbol
OMX: OTE1V
Country
Finland
Contact Information
Sources

"Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions, a company spokeswoman said on Monday.

Outotec, which builds plants, makes equipment and offers services for the metal and mineral processing industries, has a long history in Iran and it remained in the market after the United States instituted sanctions against Iran in 2010.

Its business started to normalise after the 2015 nuclear deal with Iran, helping Outotec to book orders from National Iranian Copper Industries Company (NICICO) and Iran International Engineering Company (IRITEC).

The latest sanctions against Iran follow U.S. President Donald Trump’s decision to pull out of the nuclear deal with Tehran. The new sanctions have forced companies across Europe to reconsider their investments there." (Reuters, "Mining tech firm Outotec to pull out of Iran -spokeswoman," 9/24/18)

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Outotec was removed from the May 15, 2019 Iowa Public Employees' Retirement System Iran Prohibited Companies List.

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In 2019 Outotec was removed from the Texas Comptroller List of Companies Engaging in Scrutinized Business Operations in Iran.  

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In 2018 Outotec was listed on the Texas Comptroller List of Companies Engaging in Scrutinized Business Operations in Iran.  
 

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In 2017, CalSTRS designated Outotec OYJ as “Under Review” for potentially having ties to Iran. In 2018, CalSTRS removed Outotec OYJ after reviewing the company’s business with Iran and internal controls to prevent sanction violations.

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"Finnish mining technology company Outotec is yet to decide on leaving the Iranian market, the company's Tehran office announced." 5/30/2018

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Finnish mining technology company Outotec expects order intake from Iran to slow after U.S. President Donald Trump’s order to reimpose sanctions on Tehran, the company’s finance chief said on Thursday.CFO Jari Algars told Reuters by email that, if project financing was not available, future orders would decline: “Reinstating the sanctions would not stop business, but it will complicate it and slow it down.” Asked if Outotec was considering leaving the market, Algars said it was “too early to say”. During the sanctions, Outotec made so-called “stop and go” deals in Iran, where it was paid in increments and delivered accordingly, Algars said." (5/17/2018)

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In 2017 the U.S. state of California listed Outotec as a company under review for providing products and expertise for copper smelting in Iran.

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In 2018 the U.S. state of Iowa listed Outotec as an Iran restricted company rendering Outotec ineligible for investment and/or state contracting.

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"Outotec has agreed with National Iranian Copper Industries Company (NICICO) on the delivery of two sulfuric acid plants for the Sarcheshmeh and Khatoon Abad copper smelters in the Kerman province in Iran. The value of the orders, approximately EUR 50 million, has been covered by a confirmed Letter of Credit and booked in Outotec's Q4/2016 order intake. Outotec's scope of delivery includes engineering, main process equipment and instrumentation for the acid plants as well as spare parts and supervisory services for installation and commissioning. Outotec's deliveries will take place in mid-2018." (Outotec Website, "Outotec to Deliver Two Sulfuric Acid Plants to Iran," 1/18/2017). 

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"The executive vice president of the Finnish Outotec sees the prospect of relationships with Iranian companies in the field of mineral industry. The Finnish company has been present in the Iranian market as of the 1970s and today, ties with Iranian companies is strengthening, Adel Hattab told the Tehran Times. Outotec Oyj is a Finland-based company active within the mineral industry, providing process solutions, technologies, and services for the mining and metallurgical industries. “We have been here working in Iran since 1976. We are working within the steel and copper value chain. We look forward to working the within zinc, aluminum, gold and many other commodities,” he said." (Tehran Times, "Finnish Outotec Oyj sees ties with Iran solidifying," 11/22/2016).

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Outotec and Outotec Engineering are listed as attendees at the Iranian Base Metals Conference that took place from September 6-7, 2016 in Tehran, Iran. (Iranian Base Metals Conference Attendees, 2016).

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"Finnish company Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., known as SDM, for the delivery of process equipment to the Iron Concentrate Project Sangan in northeastern Iran. The Iranian Mines and Mining Industries Development and Renovation Organization owns the Sangan mines and SDM is their engineering partner. The contract value is approximately €10 million and the order has been booked in Outotec's 2016 second quarter order intake...The new iron processing plant will process annually 5 million tons of ore. The equipment will be delivered mostly during the second quarter of 2017." (Financial Tribune, "Finnish Firm to Supply Process Equipment to Iran Mine," 7/28/2016)

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"Finland's engineering group Outotec has been awarded a contract for the delivery of technology to set up a new iron ore beneficiation plant in northeast Iran, the company says. The plant owned by Khorasan Steel Complex Co will have a capacity to produce 2.5 million metric tons of pellet feed grade iron ore concentrate per year, expected to be commissioned in 2017. Under an order worth 45 million euros by Iran International Engineering Company (IRITEC), Outotec will provide process technology for 'a complete beneficiation plant and an entire value chain from raw material testing, process development to concentration and dewatering'. The company will be also responsible for basic engineering, and supply of key process equipment, as well as advisory services for detail engineering, construction and commissioning, Outotec said. 'This order is another significant milestone for Outotec in the quickly developing Iranian iron and steel industry,' Kalle Härkki, head of Outotec's Minerals Processing business area, said. The order is similar to one awarded by Bafgh Mineral Complex Iron and Steel Industry Company to Outotec in June to establish an iron ore pelletizing plant in Iran's central Yazd province." (Press TV, "Finland’s Outotec wins Iran iron ore deal," 9/3/2015)  

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"Finland's engineering group Outotec has won an order for design and delivery of technology and services for an iron ore pelletizing plant in Iran, the company has said. Bafgh Mineral Complex Iron and Steel Industry Company in Iran's central Yazd province has awarded Outotec as part of its greenfield investment program to build a new plant to produce 5 million metric tons of iron ore pellets a year. Outotec said the parties have agreed not to disclose the contract value but such projects normally range between $87-$109 million, depending on scope and specification. The Finnish group said its work in the project includes providing the technology license, basic engineering of the pelletizing plant, detailed engineering and supply of proprietary and key equipment and automation, as well as advisory site services for installation, commissioning and start-up. The company said the new plant is expected to become operational in 2018. Platts quoted head of Outotec's Europe, Middle East and Africa region Adel Hattab as saying that the company's pelletizing technology was selected due to its strong track record in Iran. 'Our technologies are widely used in the Iranian iron ore and copper operations, as Outotec has delivered sustainable technologies to Iran since 1970s,' he said. Hattab said Outotec was currently executing several other projects in Iran." (Press TV, "Finland Firm Wins Iran Pelletizing Project", 6/6/15)

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Outotec reportedly participating in the Iran Mines & Mining Industries Summit, being held in Tehran May 31-June 1, 2015. (IMIS Website, “List of companies participating in IMIS”)

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"Deputy Ministry of Industry, Mines and Trade Mehdi Karbasian said many European companies lost the chance of cooperation with Iran in the past but now Iran's mines and mining industry enjoys a high quality of which foreign companies can take advantage. Speaking in a meeting with Thomas Schwalm, deputy of the Finnish-German Outotec Company, Karbasian said establishment of Outotec representative office in Iran will facilitate technical and economic relations of the two sides... During the meeting Thomas Schwalm announced readiness of his company to supply Iran's mines and mining industry projects with the required technology." (IRNA, "Iranian mines, mining industry suitable for foreign companies," 12/5/14) 

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"Finnish mining technology company Outotec signed a deal with Iranian Mines and Mining Industries Development and Renovation (IMIDRO) worth €9.3 million to transfer Nepheline syenite production technology. The deal was signed on Saturday and the technology will be transferred over the course of eight months, Iran's IRNA news agency reported on November 23. The industrial use of Nepheline syenite includes refractories, glass making, ceramics and, in pigments and fillers. It is also used as construction facade, interior wall texture, and countertops. The project is aimed to produce 200,000 tons of alumina powder and 150,000 tons of industrial salts per year. Iran needs around 800,000 tons of alumina powder annually." (Trend, "Iran’s IMIDRO signs €9.3M deal with Outotec," 11/23/14) 

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"Outotec has been awarded multiple orders, worth a total of Eur265 million ($326 million), for technology deliveries to National Iranian Copper Industries Co.'s copper and molybdenum projects in Iran, the Finnish engineering group said Tuesday.Outotec will deliver technology and services to NICICO's Khatoon Abad copper smelter, Miduk copper concentrator expansion, Nowchun copper and molybdenum concentrator and Sarcheshmeh copper concentrator expansion. Outotec 'makes thorough examinations and works closely with the concerned authorities to ensure that its activities and technology deliveries are compliant with the restrictive measures against Iran,' the company said. In anticipation of possible future changes in the regulatory framework, the orders will be booked in Outotec's order backlog gradually during 2012-16 according to each year's overall progress of the particular project. Around Eur58 million of these contracts will be booked in Outotec's third-quarter order intake with the revenues recognized gradually during 2012-16, the company said." (Platts, "Finland's Outotec gets orders for Iran copper/molybdenum projects," 7/10/12)

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"Outotec has been selected by Gol-E-Gohar Mining & Industrial Co. to design and provide technology for an iron ore pelletizing plant located in the Kerman province of Iran. The plant's annual capacity is approximately five million tonnes iron ore pellets. Outotec's scope of delivery includes technology for a traveling grate pelletizing plant, engineering, key process equipment and advisory services. A local contractor will be responsible for civil works and local supply. The value of equivalent deliveries for comparable plant sizes is approximately EUR 80-85 million." (Reuters, "Press Release: Outotec to deliver iron ore pelletizing technology to Gol-E-Gohar, Iran," 4/18/12)

AngloAmerican plc

Industry
Mining Products
Symbol
LON: ALL
States
AK
Country
UK
Sources

AngloAmerican is one of the world's largest mining companies, with operations on six continents, annual earnings of $2.6 billion, and over 100,000 worldwide employees. AngloAmerican specializes in platinum, diamonds, copper, nickel, iron ore, and coal (Company Website). 

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Iran International magazine reported that an AngloAmerican subsidiary, Anglo Exploration GmbH, "officially opened an Iranian branch office in Tehran" (Iran International). 

Rio Tinto

Industry
Mining
Value of USG Contracts
6
Value of USG Contract Source
http://usaspending.gov/explore?fromfiscal=yes&fiscal_year=2000&contractorid=243275&fiscal_year=&tab=By+Prime+Awardee&fromfiscal=yes&carryfilters=on&Submit=Go
Symbol
ASX: RIO
Country
Australia
Contact Information
Sources

According to Rio Tinto's Form 20-F filed with the SEC for fiscal year 2021, "The Company notes the following in relation to activities that took place in 2021, or in relation to activities the Company became aware of in 2021 relating to disclosable activities prior to the reporting period. The Company routinely takes action to protect its intellectual property rights in many countries throughout the world, including Iran. In connection with such protection efforts, the Company has used, directly or indirectly, intellectual property firms with an agent or branch office in Iran to assist with the filing of patent and trade-mark applications, prosecution activities and maintenance in Iran. Contact with the firms has been minimal and solely limited to these activities. Certain transactions related to patents, trademarks and copyright are authorised activities under US sanctions and regulations against Iran (including the filing of an application to obtain a patent or trademark in Iran) and the Company believes its limited activities in this regard are consistent with this authorisation."

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According to its Annual Report filed with the SEC for fiscal year 2019: "The Company routinely takes action to protect its intellectual property rights in many countries throughout the world, including Iran. In connection with such protection efforts, the Company has used, directly or indirectly, intellectual property firms with an agent or branch office in Iran to assist with the filing of patent and trade-mark applications, prosecution activities and maintenance in Iran. Contact with the firms has been minimal and solely limited to these activities. Certain transactions related to patents, trademarks and copyright are authorised activities under US sanctions and regulations against Iran (including the filing of an application to obtain a patent or trade-mark in Iran) and the Company believes its limited activities in this regard are consistent with this authorisation."

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"Rio Tinto (an Australian company) acquired its interest in Namibia-based mining company Rössing Uranium Ltd. in 1970. Subsequently, the Iranian Foreign Investments Company (IFIC) acquired a minority shareholding in Rössing in 1975, before the establishment of the Islamic Republic of Iran and the U.S.-imposed sanctions targeting Iran’s nuclear program. IFIC maintains its shareholding under Namibian law. Rio Tinto clarified that Rössing is neither a business partnership nor a joint venture between Rio Tinto and IFIC, and further noted that it “has no power or authority to divest IFIC’s holding in Rössing. However, Rössing and the Namibian Government have taken several recent steps to limit IFIC’s future involvement in Rössing.” For example, between 2010 and 2012, both the Namibian government and the Rössing board took steps to terminate IFIC’s (and by extension, Iran’s) involvement in Rössing, though IFIC will still be entitled to shareholder dividends."

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"Rio Tinto reportedly held talks with the Iranian state-owned Iranian Mines and Mining Industries Development and Renovation Organization (“IMIDRO)” “about new investments in the Middle Eastern nation’s aluminum, steel, copper and gold industries.”  (Mining.com, “Iran says in talks with Rio, Glencore about copper projects,” 6/1/2016).  

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According to an Annual Report filed with the SEC in 2013: "As disclosed by Rio Tinto plc in its annual report on Form 20-F filed with the Securities and Exchange Commission on March 14, 2014 (page 33), Rio Tinto has an interest in the Rössing Uranium Mine located near Arandis in Namibia’s Erongo region and the Iranian Foreign Investments Company (IFIC) is a minority shareholder in Rössing.  Rio Tinto has indicated that it has provided such disclosure to ensure transparency but that it does not view itself as actively transacting or entering into business with an instrumentality of the Government of Iran."

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Rio Tinto has interests in two uranium mines. One of these is Rössing in Namibia, in which it owns a 69 per cent interest. Rössing is one of the largest open pit uranium mines in the world. The mine currently produces about 7.55 per cent of the world's uranium. Rio Tinto states that Rössing operates “uranium under strict safeguard practices where there is never a diversion of nuclear material from commercial nuclear power stations to nuclear weapons.” (Rio Tinto Group, “Uranium”)

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"Rio Tinto Group, the world’s third- largest mining company, said Iran can maintain a 15 percent stake in its Rossing uranium operation after a United Nations ruling barred the country from investing in mines of the fuel... 'It is shameful that Rio Tinto would attempt to defend any business with Iran,' Kimmie Lipscomb, a spokeswoman for New York-based non-profit group United Against Nuclear Iran, said today. 'How can Rio Tinto claim that by conducting business with Iran in a uranium mining venture, it is not contributing to Iran’s ability to develop nuclear weapons?'... Mark D. Wallace, president of UANI and a former U.S. ambassador to the UN, wrote to Rio Chairman Jan du Plessis last week, saying Iran’s stake appeared to be a violation of U.S. law. He requested a response by Nov. 2. 'Profits from the Rossing uranium mine are channeled directly to the Iranian government, emboldening and financially empowering its pursuit of an illegal nuclear weapons program,' Wallace wrote in the letter dated Oct. 21. 'It is time for Rio Tinto and Rossing to recognize this threat as well and follow the lead of other responsible companies and stop putting short- term profits ahead of Iran’s clear threat to global security.'"(Bloomberg, "Rio Tinto Says Iran is Allowed to Keep 15% Stake in Namibian Uraniaum Mine," 10/27/2010)

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Since 1975 under the rule of the Shah, the government of Iran has held a 15 percent share in Rossing. In 2005, according to Graham Davidson, the general manager for operations at Rossing, “Representatives of the government of Iran routinely attend the Rossing board of directors meetings.” Davidson further added that milled uranium oxide (“yellowcake”) for centrifuges is not sold to Iran. The company, however, did not respond to a question of whether Tehran had purchased any Rossing uranium in the past. (Reuters, “Iran Has Stake in Namibia Uranium Mine, Says Owner,” 1/29/05)

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The Namibian government reports that Rossing is under pressure from Western countries to not sell uranium to Iran. Prime Minister Nahas Angula “could not say whether Namibia was supplying Iran with uranium but revealed that government viewed Iran as one of its customers who have contracts to buy uranium mined from the country.” (APA, “Namibia under pressure not to supply uranium to Iran,” 2/3/09)

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Rio Tinto disclosed in its 2008 Annual Report Form that it had “signed a final and binding sale agreement to divest the whole of its [70 percent] interest in the Sari Gunay gold project in western Iran. On the completion of this transaction, which is expected in mid 2008, Rio Tinto intends to close its office in Iran and will cease to have any interests in Iran.” Rio Tinto’s filings make no disclosure on Iran’s interest in the Rössing uranium mine. (Rio Tinto 2008 Annual Report Form)

 

 

 

Rossing Uranium Limited

Industry
Mining
Country
Namibia
Contact Information
Sources

Rio Tinto, an Anglo-Australian international mining group, owns a 69 percent interest in Rossing. (http://www.rossing.com/)

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"Despite international sanctions designed to derail Iran's nuclear program, the Islamic Republic legally owns 15 percent of the third largest uranium mine in the world. How is this possible? Ask the management of Rossing Uranium Limited in the southern African nation of Namibia. According to the company's most recent annual report, Iran has owned a sizeable stake in it since the early 1970s. The United Nations has made it illegal to sell fissile material to the Iranians, but it somehow allows them to own a major stake in a uranium mine. This is a loophole that needs to be addressed at Turtle Bay." (The Hill, "Iran's Uranium Holdings," 10/12/10)

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"Rio Tinto Group, the world’s third- largest mining company, said Iran can maintain a 15 percent stake in its Rossing uranium operation after a United Nations ruling barred the country from investing in mines of the fuel... 'It is shameful that Rio Tinto would attempt to defend any business with Iran,' Kimmie Lipscomb, a spokeswoman for New York-based non-profit group United Against Nuclear Iran, said today. 'How can Rio Tinto claim that by conducting business with Iran in a uranium mining venture, it is not contributing to Iran’s ability to develop nuclear weapons?'... Mark D. Wallace, president of UANI and a former U.S. ambassador to the UN, wrote to Rio Chairman Jan du Plessis last week, saying Iran’s stake appeared to be a violation of U.S. law. He requested a response by Nov. 2. 'Profits from the Rossing uranium mine are channeled directly to the Iranian government, emboldening and financially empowering its pursuit of an illegal nuclear weapons program,' Wallace wrote in the letter dated Oct. 21. 'It is time for Rio Tinto and Rossing to recognize this threat as well and follow the lead of other responsible companies and stop putting short- term profits ahead of Iran’s clear threat to global security.'"(Bloomberg, "Rio Tinto Says Iran is Allowed to Keep 15% Stake in Namibian Uraniaum Mine," 10/27/2010)

API Anonima Petroli Italiana Spa

Industry
Oil/Gas
Symbol
APIT: IM
Country
Italy
Contact Information
Sources
  • "So why, according to sensitive trading records seen by the Guardian, did other European oil giants, including Shell, Total and API, increase their purchases? The answers illustrate the tendency of the increasingly complex measures being taken against Iran to throw up unintended consequences, and the apparent willingness of some oil firms to place profits ahead of the west's political strategy... Shell, Total and API all stressed they bought the oil at the market price and that no additional discount was received." (The Guardian, "Oil firms reap benefits of Iran's build-up of crude oil stocks," 9/27/2010) 

State Oil Company of Azerbaijan (SOCAR)

Industry
Oil
Country
Azerbaijan
Sources

Lists a representative office in tehran, Iran.

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"Azerbaijani gas is currently exported directly by the State Oil Company of Azerbaijan SOCAR to Iran and Georgia, and by the Shah-Deniz consortium via the Baku-Tbilisi-Erzerum gas pipeline to Georgia and Turkey." (January 31, 2018)

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"The Memorandum of Understanding between the State Oil Company of Azerbaijan Republic and Ghadir Investment Company which were among the documents signed in the wake of the visit will intensify joint cooperation between Azerbaijan and Iran in the field of oil and gas. It is worth mentioning that Azerbaijan and Iran have been cooperating in the energy field for a long time." (February 29, 2016).

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"The State Oil Company of Azerbaijan (SOCAR) delivered 400 million cubic meters of gas to Iran within swap operations in 2014, a source at SOCAR told Trend on Jan.16. Gas is delivered to Iran in order to meet the gas demands of Nakhchivan Autonomous Republic which is in the blockade due to occupation of 20 percent of Azerbaijani lands by Armenia. 'The volume of gas deliveries to Iran in 2014 is equal to the volumes of 2013,' said the source." (Trend, "SOCAR reveals volume of gas deliveries to Iran in 2014," 1/16/2015)

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"The State Oil Company of Azerbaijan (SOCAR) delivered nearly 360 million cubic meters of gas to Iran within swap operations in Jan.-Nov. 2014, a source at SOCAR told Trend... The source said that the volume of gas deliveries to Iran will reach around 400 million cubic meters by late 2014. The volume of gas supplies to Iran will reach about 400 million cubic meters before the end of 2014, according to the source." (Trend, "SOCAR gas deliveries volume to Iran reaches 2013 year index," 12/12/2014)

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Azerbaijan will more than double gas supplies to Iran to 1 billion cubic metres per year under a five-year deal signed on Wednesday, Azeri state energy firm SOCAR said. SOCAR said it signed the deal with the National Iranian Gas Export Company (NIGEC), and that volumes would increase from 1 bcm in the first year (Reuters, "Azerbaijan to boost gas supplies to Iran," 1/12/2011).

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"Iran is in talks with Azerbaijan to finalize the long-term Azeri gas importation deal within the next three months, the managing director of National Iranian Gas Export Company (NIGEC) said on Wednesday. Seyed Reza Kasaeizadeh added that the deal will allow supplying about 5 million cubic meters of the Azerbaijani gas per day (about 1.8 billion cubic meters per year) to Iran." (Tehran Times, "Tehran, Baku to finalize gas deal in three months," 1/21/2010).

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"The Islamic Republic of Iran tends to import 5 billion cubic meters of natural gas from Azerbaijan, annually." (Moj News Agency, "Iran, Azerbaijan to Finalize Gas Deal," 9/16/2009)

 

Aker Wirth

Industry
Tunneling, Engineering and Construction, Mining Products
States
SC
TX
Country
Germany
Contact Information
Sources

Previously sold tunnel-boring equipment to Iran for a water project managed by the IRGC.

 

Aker Wirth operates in Iran through the WPS Group and previously sold tunnel-boring equipment to Iran for a water project that was managed by the IRGC. (Commentary Magazine, "The Iranian Shell Game," July, 2008)

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“Aker Wirth GmbH develops, manufactures, and sells drilling equipment and machinery in Germany and internationally. It offers tunnel and foundation boring machines for infrastructure projects; core components and solutions for the oil and natural gas industry; and pumping systems for mining and processing industries. The company’s products include draw works, mud pumps, and rotary tables and swivels; full-face tunnel boring, partial excavation, and slurry transport and processing equipment; onshore and offshore foundation, wind energy, and drill string and cutter equipment; and spare parts. It also offers second hand machinery, as well as provides service contacts. The company was formerly known as WIRTH Maschinen- und Bohrgeräte-Fabrik GmbH and changed its name to Aker Wirth GmbH on June 30, 2009. The company was founded in 1895 and is based in Erkelenz, Germany. As of September 4, 2007, Aker Wirth GmbH is a subsidiary of Aker Solutions ASA” (Bloomberg Business Week, "Aker Wirth GmbH – Private Company Information," 2010.)

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In the business of TBMs, “Aker Wirth manufactures and supplies tunnel boring machines for mechanized tunnel driving for all geological conditions and all environmental requirements. Aker Wirth machines are in use in tunnel boring projects all over the world and for the excavation of a wide variety of tunnels” (Mining Technology, Net Resources International"Aker Wirth - Tunnel Boring Machines, Raise Boring and Full-Face Shaft Boring Machines," 2010).

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Wirth has an Iran office, WPS Group Ltd. (Iranian Wirth Subsidiary)

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An Iranian website features Wirth tunneling projects in Iran, including the Tabriz Metro Project.  (Iran Project website)
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Wirth has been involved in completed tunneling projects in Alborz and Ghomrud (World Tunnelling, Iranian TBMs continue steady march,” December 23, 2009).