Mehdi Karbasian, the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), announced in last July that 34 mining and mineral industries projects, costing $7.2 billion, would become operational in the country by the end of the current calendar year.
Back in last May, Karbasian said that Iran had offered $40 billion in mining projects to foreign investors.
The value of minerals Iran exported during the first nine months of the current Iranian calendar year (March 20, - December 20, 2016) has witnessed a 50 percent jump, According to Iranian Deputy Industry, Mining and Trade Minister Jafar Sarqeini.
The country has exported some $750 million worth of such products in the mentioned period, the official said.
“Added up by the mining industry’s exports, the total value of exports in this area reaches $5 billion which stands 16 percent higher than the figure for the same period last year,” he added.
MA/MG