Deep mining explorations are required to increase mineral reserves, Deputy Industries Minister Jafar Sarqeini told a press conference on Saturday.
Authorities in the mining sector say new explorations could help double Iran's iron ore and copper reserves, the Persian daily Donya-e-Eqtesad reported.
“Last year [March 2018-19], 460 million tons of minerals were produced in Iran, which was 10% less than what we expected. In the current year, 550 million tons have been planned but we hope to reach 500 million tons,” he said.
Sarqeini noted that Iran’s mineral reserves will only last until the fiscal 2030-31.
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