On March 10, a memorandum of cooperation was signed between Dashkesan Demir Filiz LLC, the first subsidiary of AzerGold CJSC, and the Azerbaijan State University of Oil and Industry (ASOIU).
The Memorandum was signed by Ogtay Mammadov, Director General of Dashkesan Demir Filiz LLC, and Professor Mustafa Babanli, Rector of ASOIU.
According to the memorandum, on the basis of a mutual agreement, it is envisaged to jointly develop and implement concepts for the study, exploration of deposits of ferrous metal ores in the country, and training qualified personnel for the application of new technologies in this area. In addition, the document reflects the involvement of undergraduate and graduate students from various departments of the university in the production practice of the company. It is planned to attract selected students to practical work in the field of scientific research and design, compilation of topics for diploma, scientific and other works, as well as awarding distinguished students with scholarships and awards.
Note that by the order of the President of the Republic of Azerbaijan dated August 6, 2020, AzerGold CJSC was instructed to prepare a preliminary assessment document in connection with the commissioning of the Dashkesan iron ore deposit, the largest iron ore complex in the region. By order of the President of September 1, 2020, the activities of the company are aimed at managing, developing and exploring deposits of ferrous metal ores in the country, as well as developing other issues in this direction. In order to fulfill the tasks arising from these documents, in order to organize activities at iron ore deposits throughout the country, on December 14, 2020, AzerGold CJSC founded Dashkesan Demir Filiz LLC as a subsidiary legal entity. The goal of the joint-stock company is to commission one of the largest projects – the Dashkesan iron ore deposit, which will contribute to making an additional socio-economic contribution to the development of the economy of both the country and the region.