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Saeed Askarzadeh, secretary of Iran's iron ore association, has called for a serious review of mining governance to attract investment. Mineral wealth and production capacity are not sufficient unless investors can create value with reasonable confidence, he said.
He identified frequent legal changes, unstable regulations, variable royalties and weak long-term planning as risks that add to mining's unavoidable geological uncertainty.
Askarzadeh also highlighted restrictions on fuel and other production inputs. He urged policymakers to recognise mining as a productive, value-creating industry and to address barriers that make investment less predictable.