 He currently chairs the board of directors for Jovein Cement Plc and Khorasan Gypsum Ltd.

Oraee was awarded the ‘Professor of the Year’ by the Ministry of Industries and Mines (2007), and the Ministry of Employment award of "The leading industrial job creator" the following year.In 200, he was granted the Medal of Excellence from the Institute of Materials, Minerals and Mining, IOM3, for conspicuous contribution, either during the year or cumulatively over a number of years, to the art, science and practice of the mining industry.