Mr. Ahmad Ali Haratinik, the chief of Iranian Mines & Mining Industries Development and Renovation Organization (IMIDRO), has announced that over Rial 41 trillion ($4.3 billion) worth of IMIDRO shares will be offered on the Tehran Stock Exchange (TSE) by the end of the current Iranian year (ending March 20, 2008).
The part-privatization of IMIDRO is in line with the Iranian government's plans to transfer the country's main industrial enterprises to private hands.