Mehdi Jahangiri, head of the tourism financial group, is one of the shareholders of Mahan Mines and Industrial Development Holding Group. This investment is considered a strategic move by Jahangiri to expand its business interests in the mining and metallurgy sector. Mahan Mining and Metallurgy Development Company is a leading mining company in Iran. This company is active in the field of exploration, extraction, and processing of mineral resources such as iron ore, copper, and gold. The company also provides engineering services, sales of mineral products, and investment in mining projects. This investment is also a sign of Jahangiri's trust in Iran's mining and metallurgy sector.
Mahan Mines and Industries Development Company (PLC), as one of the major investment companies of Tourism Financial Group, has been established to invest in specialized plans and projects of the Industries and Mines domain in the country. As Mehdi Jahangiri said: This company started its activities in 2011 with the objective of industry and mine growth/development.
The final goal of the company includes investment in the country’s industries and mines, hoping to be an effective pole in the realization of the goals of a 20-year perspective in the field of industries and mines.