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Major TSE-Listed Mining Firms' Sales Rise 55% to $1.9 Billion

Mining and mineral firms constituted a 37% share of the total sales volume of all TSE-listed firms during the two-month period
Major TSE-Listed Mining Firms' Sales Rise 55% to $1.9 BillionMajor TSE-Listed Mining Firms' Sales Rise 55% to $1.9 Billion

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has released a new report on the sales of 72 heavyweight Tehran Stock Exchange-listed mining and mineral companies.
According to the report, the aggregate sales volume of the firms under review stood at 388.43 trillion rials ($1.94 billion) during the first two months of the current fiscal year (March 20-May 20) to register a 55% rise compared with last year's corresponding period.
Their sales volume during the second month of the year (April 20-May 20) stood at 181.94 trillion rials ($909.7 million) to witness a 79% rise compared with a month before.
The mining and mineral firms constituted a 37% share of the total sales volume of all TSE-listed firms during the two-month period.

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