Economy, Business And Markets

Rise in Mineral Explorations, Exploitations

Rise in Mineral Explorations, ExploitationsRise in Mineral Explorations, Exploitations

The Ministry of Industries, Mining and Trade has published statistics on the mining sector’s performance during the first half of the current Iranian year (started March 20).

Close to 365 mineral exploration permits were issued during the six months, registering a 5.5% rise compared with last year’s corresponding period.

Moreover, the ministry issued 401 mineral exploitation permits in the same period, which indicates an 11.1% rise year-on-year.  

Iran produced 8.6 million tons of crude steel, 8.3 million tons of steel products, 83,600 tons of copper cathode, 173,400 tons of aluminum ingots, 116,900 tons of alumina, 16.57 million tons of iron ore and 585,700 tons of coal concentrate during this period, Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.


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