About Fartak Iranian Research and Innovation Company (شرکت پژوهش و نوآوری فرتاک ایرانیان)

Iranian Fartak Research & Innovation Company was established to foster technological innovation in the mining industry by harnessing the expertise of industry professionals. Its primary goal is to facilitate research, innovation and sustainable development within the Middle East Mines & Minerals Industries Development Holding Company (MIDH CO) by creating synergy among its subsidiaries capabilities.

Vision

At Fartak Co, we envision a future where innovation drives the transformation of the mining and mineral industries. Our vision is to pioneer groundbreaking research & future-focused studies, and develop and deploy cutting-edge technologies and products that revolutionize sustainability and safety in mining operations.

Services (48)

• Technology Study Services
• Research and Optimization Department
• Department of Strategic Studies and Innovation
• Engineering & Consultancy Department
• Investigation of Disruptive Technologies (The Fourth Industrial Revolution)
• Formulation of the Productivity System & Evaluation of Productivity in MIDHCO Companies
• Formulation of MIDHCO's Sustainable Development Document
• Future Studies on Market & Product with a System Dynamics Approach
• Establishment of Evaluation Centers for Public Relations Employees at MIDHCO
• BISCO 1.25 MT/yr Iron Ore Beneficiation Project
• Transfer of Molten Coke from Coking Plant No.1 to Coking Plant No.2 of Zarand Iranian Steel Company
• Direct Reclamation Plant Construction Project in Bardsir Steel Complex
• Troubleshooting, problem-solving, and R&D operations
• Modeling and simulation of processes and equipment
• Conceptual design
• Increasing the production capacity of equipment and production lines
• Improving equipment availability
• Managing production and maintenance costs
• Digitalizing industrial processes through the integration of Industry 4.0 technologies
• Management of energy, water, and environmental resources
• Utilization of green technologies and renewable energy sources
• Acquisition and development of advanced equipment manufacturing knowledge
• Offering innovative solutions to address technological challenges
• Conducting feasibility studies and creating conceptual designs
• Drafting official documents in the technological, marketing, and human resource dimension
• Futurology and developing a technology roadmap in various mine and mineral industries
• Designing frameworks for collaboration in business ecosystems
• Monitoring technologies in the mining and mineral industries
• Identifying, evaluating, and prioritizing key technologies
• Financial and Commercial Management Studies
• Designing sustainable development strategies at corporate and industrial levels
• Designing and implementing technological cooperation mechanisms
• Identification and development of innovative ideas
• Identifying and resolving strategic and managerial challenges and issues in companies using a network of experts and specialists in the mining and mineral industries
• Technical and economic feasibility study of innovative projects
• Evaluation, appraisal, and pricing of technology
• Provision of technology commercialization services
• Consultation and implementation of mechanisms to enhance innovation capacity in companies
• Conducting training courses and innovation events
• Support for startups in the mine and mineral industries
• Drafting public relations documents for companies
• Developing corporate branding documents
• Perform Conceptual Design
• Perform Basic Engineering
• Perform Detail Engineering
• Perform Procurement Engineering
• Perform Construction Engineering
• Perform Consultancy & Site Supervision Services