Maad Kansar Company, a subsidiary of the Arzesh Group, was established in 2005 with the objective to diversify the group’s investment portfolio, ensuring a sustainable supply of mineral resources for downstream industries, and completing the Arzesh Group’s chain. This company primarily focuses on the exploration, extraction, and processing of various metallic and non-metallic minerals. Maad Kansar has acquired mining assets and exploration areas in four provinces Fars, Hormozgan, Hamedan, and Kerman. Our vision in Maad Kansar is to become one of the top 10 private companies in the field of mining and mineral industries in the country. At present, the Maad Kansar is in full operation at the Hematite and Magnetite iron ore mine located in Fars Province. It is actively involved in extracting and manufacturing hematite and magnetite iron ore, where-after processing them into lumps and granular products via a dry magnetic separation technique. Notably, it stands as the exclusive industrial facility conducting such operations within the province.

Recent advancements in electronics and electro-mechanics, driven by the growing global emphasis on reducing greenhouse gas emissions, are expected to increase the demand for key elements like lithium, nickel, cobalt, manganese, carbon, and others used in electric vehicle batteries. This shift in demand is expected to reshape the global mineral commodity market. In line with this trend, at Maad Kansar Mining Holding, we plan to focus on exploring, extracting, and processing lithium and other essential elements, aiming to diversify our presence in the mining and mineral industries. This aligns with our goal of becoming a primary supplier of raw materials for electric vehicle batteries and advanced electronics. Notably, we have secured the first nationallevel lithium discovery certificate in Hamedan Province. We recognize the worldwide focus on diminishing greenhouse gas emissions, and thus, we intend to play a part in this transition by concentrating on the exploration, extraction, and processing of the necessary elements essential for this transformation. This commitment aligns with our sustainability goals by promoting cleaner transportation solutions.

Zar Mes Kavan Maad Company was established with the aim of diversifying the investment portfolio of Maad Kansar Mining Holding. Our primary mission for the current year, is centered around the exploration, extraction, and processing of copper (concentrate and cathode), lead (lead ingots), and other related metals. Currently, the company is in the exploration phase and holds exploration permits, covering a total area of 96 square kilometers in the Roudan County of Hormozgan Province. Given the promising results of exploration operations, in accordance with a well-structured plan, the company is expected to obtain four discovery certificates for copper, lead, and associated metals by the middle of the next year.

The industrial and mining company Maad Sam Kani was established with the aim of supplying necessary feedstock for Arzesh Group’s subsidiary company, Maad Ferroalloy. Our primary mission is to explore, exploit, and upgrade chromite and magnesite through purchasing and participating in high-potential mining areas and guiding valuable mines at the national level.