Zimbabwe's Government has signed an agreement with Iran to sell the Islamic Republic raw materials, Zimbabwean Deputy Mining Minister Gift Chimanikire said, The Times reported.
He told the Times newspaper that a relevent memorandum of understanding had been signed. He also said that the agreement between the two countries has been reached last year.
A report compiled by the United Nations' nuclear watchdog more than two years ago warned of such an outcome, detailing a visit from Iran's then Foreign and Co-operative Ministers to Zimbabwe to strike a deal, with the Iranians also sending engineers to assess uranium deposits.
Zimbabwe is also subject to international sanctions over its human rights record and conduct of elections.
President Robert Mugabe, who won another five-year term in disputed polls last month, has publicly backed Iran's nuclear drive.
The U.S. and its Western allies suspect Iran of developing a nuclear weapon - something that Iran denies.
The Islamic Republic has on numerous occasions stated that it does not seek to develop nuclear weapons, using nuclear energy for medical researches instead.