Mining Sector Distressed by Ban on Machinery Imports

The ban on imports of mining machinery has compelled Iran’s large mines to operate at 50% of their full capacity while the country’s small- and medium-sized mines are on the verge of closure, says the deputy head of Iran Mine House.
“This is a disaster for our mining industry. It has been a few years since this ban has come into effect. The decision was made on faulty grounds to begin with,” Hamidreza Amirian was also quoted as saying by the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture.
The official explained that after banning automobile imports a few years ago, the government put mining vehicles in the same category. Presently, mining companies cannot import 100-ton and 150-ton dump trucks and 200-ton and 300-ton loading machinery.