Domestic Economy
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Average Age of Iran’s Mining  achinery Around 40 Years 

One reason for not purchasing new machinery is that they are too expensive due to the high rate of foreign exchange against the Iranian rial, which makes it unaffordable for small mines 
Average Age of Iran’s Mining  achinery Around 40 Years 
Average Age of Iran’s Mining  achinery Around 40 Years 

The average age of Iran’s mining machinery is currently around 40 years, according to the head of the House of Industries, Mining and Trade.
“One reason [for not purchasing new machinery] is that they are too expensive due to the high rate of foreign exchange [against the Iranian rial], which makes them unaffordable for small mines,” Abdolvahhab Sahlabadi was also quoted as saying by Mehr News Agency.
The official added that there is also a shortage of mineral machinery spare parts in the domestic market.
“The ban on imports of mining vehicles and machinery with no local production has been lifted,” deputy minister of industries, mining and trade, Reza Mohtashamipour, announced recently.

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