Apadana Kavosh Iranian Co.

What Apadana Kavosh Iranian Co. does

Apadana Kavosh Iranian Co. is an Iranian mining contractor founded in 2011 that provides integrated iron ore extraction services to large-scale mining operators in Iran. The company executes drilling, blasting, loading, waste/tailings removal, and iron ore transport under long-term contracts at three major iron ore mining complexes: Chadormelo, Gol Gohar Sirjan (both in Kerman province), and Hadood Vali in Ardakan, Yazd province. Its primary clients include Chadormalu Mining Company, Gol Gohar Sirjan Mining Company, Imidro (the Iranian government's mining development organization), and the Sarcheshmeh Sardasht Complex.

The company operates a fleet of more than 211 light, semi-light, and heavy vehicles and equipment, and reports a direct and indirect workforce of more than 1,000 personnel deployed across mine sites. It maintains an HSEE (Health, Safety, Security, Environment) management framework aligned with ISO 9001, ISO 14001, and ISO 45001 standards and has received multiple industry recognitions for HSE excellence (2022, 2023, 2025). Beyond contract mining, Apadana Kavosh engages in the purchase, sale, and export of iron ore products and operates internal ERP, document management (IMS), and BI dashboards — none of which are commercialized externally.

The revenue model is primarily B2B contract mining services (professional services model) supplemented by iron ore trading (transaction fee model). The company is privately held by founders Haj Gholamreza Shayeghi (حاج غلامرضا شایقی) and Mohammad Shayeghi (محمد شایقی), with no disclosed institutional capital. Distribution is direct to enterprise clients at mine sites; the website is published in Persian, English, and Russian, indicating at least an export-trading intent, though all current mining operations are domestic.

Name

Apadana Kavosh Iranian Co.

Legal name

Apadana Kavosh Iranian Company

Website

https://apadanakavosh.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Apadana Kavosh Iranian Co. is a privately held Iranian mining contractor founded in 2011 that provides integrated iron ore extraction (drilling, blasting, loading, transport) at the Chadormelo, Gol Gohar Sirjan, and Hadood Vali mines for major Iranian mining companies, operating a fleet of 211+ vehicles and 1,000+ personnel.

Ownership category

akta.pro rank

Product category

Contract Mining Services

NAICS

Support Activities for Metal Mining (213114), Iron Ore Mining (212210), Iron Ore Mining (21221)

SIC

Metal Mining (1000), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Iron Ore Mining Support Services (Drilling, Blasting, Contract Mining, Maintenance) (IMAKAAAJ)

akta.pro secondary industries

Iron Ore Mining Operations (Open-Pit & Underground) (IMAKAAAC), Iron Ore Logistics & Export Terminals (Rail, Port, Stockyards, Ship Loading) (IMAKAAAF)

Keywords

• Iron ore mining
• Contract mining services
• Drilling and blasting
• Mineral extraction operations
• Mining contractor services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Contract Mining Services: B2B contract mining services for iron ore extraction operations, providing drilling, blasting, loading, waste removal, and iron ore transport at client mining sites. Revenue generated through service contracts with major Iranian mining companies.
2. Iron Ore Trading: Purchase, sale and export of iron ore products from mining operations

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Apadana Kavosh Iranian Co. is an enterprise contract miner that delivers integrated iron ore extraction services at major Iranian mine sites. Its work covers the full extraction chain — drilling, blasting, loading, waste/tailings removal and iron ore transport — at the Chadormelo, Gol Gohar Sirjan and Hadood Vali iron ore mines. The company additionally trades iron ore through purchase, sale and export operations.

Product overview

Apadana Kavosh Iranian Co. operates as a mining contractor and service provider with a focus on iron ore extraction operations. The company delivers integrated mining services including drilling, blasting, loading, and transport of iron ore and tailings at major Iranian mines (Chadormelo, Gol Gohar Sirjan, Hoz-e Oli). Additionally, the company engages in iron ore trading (purchase, sale, and export) and invests in related industrial ventures. The company maintains internal operational platforms including an ERP system, document management system (IMS), and business intelligence project dashboard, but does not appear to offer external-facing software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Iron Ore Mining Contractor Services Full-service contract mining for iron ore, covering drilling, blasting, loading, waste/tailings removal and iron ore transport at major Iranian open-pit mines. Services are delivered on-site for large-scale iron ore mining operators.
• Iron Ore Purchase, Sale and Export Trading services for iron ore products including domestic purchase, sale and international export, leveraging the company's upstream visibility into production volumes from its contracted mining operations.

Quantifiable outcome

• Contract mining operations at 3 major Iranian iron ore mines
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• Chadormalu Mining CompanycoreStrategic or Co-development Partner · 1 January 2011Long-term contract partnership for iron ore extraction operations at Chadormelo mine. Apadana Kavosh serves as executor of drilling, blasting, loading, waste removal, and iron ore transport operations.
• Gol Gohar Sirjan Mining CompanycoreStrategic or Co-development Partner · 1 January 2011Contract partnership for iron ore extraction at Gol Gohar Sirjan mine in Kerman province. Apadana provides complete mining operations including drilling, blasting, and transport.
• Imidro (Iranian Mines and Mining Industries Development and Renovation Organization)majorStrategic or Co-development Partner · 1 January 2011Partnership with Iranian government mining organization overseeing development and renovation of Iranian mines and mining industries. Participated in Imidro's 52 subsidiary companies audit.
• Sarcheshmeh Sardasht ComplexmajorStrategic or Co-development Partner · 1 January 2011Partnership for iron ore extraction at anomaly 11 within the Sardasht complex in Ardakan, Yazd province.
• Zarine Caf CompanyminorStrategic or Co-development Partner · 1 January 2011Related company partnership for mineral trading and commercial operations.
• Payakar CompanyminorStrategic or Co-development Partner · 1 January 2011Related company partnership for mining operations support.
• Mahan Sirjan CompanyminorStrategic or Co-development Partner · 1 January 2011HSEE (Health, Safety, Security, Environment) partnership for safety excellence recognition in mining operations.

Scale indicators6 records

Direct peers

• Cementation (Murray & Roberts): Mining contractor delivering shaft sinking, underground construction, and contract mining services to base and precious metal producers. Directly comparable as a services-only contract miner executing drilling, blasting, and extraction at client sites.
• Thyssen Mining: German-headquartered international mining contractor offering shaft sinking, drift construction, and contract mining services. Comparable to Apadana as a pure-play contract mining services provider executing on-site extraction work for mine owners.
• Macmahon Holdings: ASX-listed mining contractor offering surface mining, underground mining, and civil infrastructure services across Australia and Southeast Asia. Closely aligned with Apadana's integrated contract mining and fleet-based service model.
• Barminco: Australian underground and surface mining contractor providing drilling, blasting, and load-and-haul services to mine operators globally. Directly comparable to Apadana as a contract mining services provider operating equipment fleets at client-owned mine sites.
• Byrnecut Australia: Specialist underground mining contractor providing drilling, blasting, and development services to mine operators globally. Comparable to Apadana as a contract mining services firm focused on drill-blast-load-haul delivery.
• Thiess (CIMIC Group): One of the world's largest surface mining contractors, delivering drill-and-blast, load-and-haul, and mine management services to iron ore, coal, and metals producers. A clear direct peer given the operational similarity to Apadana's open-pit iron ore contract mining scope.

Others

• IMIDRO (Iranian Mines & Mining Industries Development & Renovation Organization): Iran's state-owned holding organization overseeing 52+ mining subsidiaries including Chadormalu and Gol Gohar Sirjan. Not a peer in the contractor sense, but a critical ecosystem participant as Apadana's largest customer and contract counterparty.

Broad incumbents

• Caterpillar: World's largest mining equipment OEM, supplying the heavy haul trucks, shovels, and drills that form the backbone of contractor fleets like Apadana's. A broad incumbent in the equipment ecosystem that contract miners depend on.
• Murray & Roberts: Diversified engineering and mining services group whose Cementation subsidiary operates in contract mining. A broader incumbent peer providing mining contracting as part of a wider infrastructure and industrial portfolio, akin to how Apadana spans mining plus adjacent industrial investments.
• Metso: Global incumbent in mining and aggregates equipment, services, and processing technology. Adjacent peer given Apadana's reliance on similar capital equipment and the equipment-services crossover that defines modern mining contractor economics.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/apadana-kavosh-iranian
• Instagraminstagram.com/apadana_kavoshiranian

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apadana Kavosh Iranian Co.