Domestic Economy

Obstacles to Mining Development

Estimates show that the country’s mines need more than 25,000 mining machines. In addition, 17,000 of the country’s mining machines with a lifespan of more than 20 years need overhauling
Obstacles to Mining Development
Obstacles to Mining Development

Sajjad Ghoroqi, the deputy head of Industries and Mining Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture, has elaborated on bottlenecks in Iran’s mining Industry. 
Despite enormous mineral riches, the country has yet to unlock its full potential in the key sector. A translation of an article written by the official for the chamber’s news portal follows:
Four important mining issues were on the agenda of TCCIM’s Industries and Mining Commission in the second half of the fiscal 2021-22, including “supply of mining machinery”, “solving the problems of price and quality explosives”, “determining the strategy of the government vis-a-vis mining royalties by supporting small mines” and finally “offering solutions to remove the blockage of mineral reserves.” Following the commission’s expert reports and specific proposals, significant changes were observed in the government’s approaches. 


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