The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says it has invested more than $22 billion in the country’s mining sector during the past 20 years.
“Since the beginning of IMIDRO’s activities in the fiscal 2002-03 until 2022-23 [ended March 20], a total of $22.8 billion have been invested in 223 projects in the mining sector, including exploration, extraction, processing and infrastructure in cooperation with the private sector for developing the mining sector and mineral industries in Iran,” reads a statement posted on IMIDRO’s news portal.
June 27, 2023 18:56
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IMIDRO’s Mining Investments Exceed $22 Billion in Past Two Decades
Since the beginning of IMIDRO’s activities in the fiscal 2002-03 until the fiscal 2022-23, a total of $22.8 billion have been invested in 223 projects in the mining industry, including exploration, extraction, processing and infrastructure in cooperation
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