Date: 19 April 2023 ، the watch 04:35
News ID: 11126

Iran’s Minerals and Mining Products Output Increased

The production of most of minerals and mining industries’ products grew in the past Iranian calendar year (ended on March 20,2023), the chairman of the board of ( IMIDRO) announced.

According to the report of public relations of IMIDRO, Vajihollah Jafari reiterated that despite all existing restrictions and problems, including electricity and gas outages, growth was recorded in the production of most mineral materials and mining industries products last year.

He stated that the main factors to achieve this growth were trying to use the full capacity of factories and companies and strengthening the domestic and export markets, as well as planning for the supply of raw materials and other production needs in times of outages.

Last year, serious measures were taken in the field of exploration, the deputy industry, mining, and trade minister further stated.

Having 81 different types of minerals, Iran is one of the top 10 mineral-rich countries across the globe. In this regard, the Iranian government has been seriously pursuing several programs for promoting the mining sector as a major contributor to the country’s economic growth.

Iran's proven iron ore reserves are 2.7 billion tons, while the country’s copper reserves are 2.6 billion tons. The country also has 11 million tons of zinc reserves.

The total proven reserves of Iran's mines are estimated at about 60 billion tons, which is expected to reach more than 100 billion tons with the implementation of the Industry, Mining, and Trade Ministry’s exploration programs over 500,000 square kilometers of new mineral zones.

Source: IMIDRO