77493
30% Rise in Mineral Exploration Permits
30% Rise in Mineral Exploration Permits

30% Rise in Mineral Exploration Permits

30% Rise in Mineral Exploration Permits

The Ministry of Industries, Mining and Trade issued 475 mineral exploration permits in the first six months of the current fiscal year (March 21-Sept. 22), indicating a 30.5% growth compared witho last year’s similar period, the ministry’s statistics and data processing department reported. Iran is home to 68 types of minerals with over 37 billion tons of proven and 57 billion tons of potential reserves, including large deposits of coal, iron ore, copper, lead, zinc, chromium, uranium and gold. The numbers, although substantial, could prove inadequate for the realization of the industry’s capacity expansion targets. The 20-Year Vision Plan (2005-25) stipulates the annual production of 55 million tons of steel, 800,000 tons of copper, 1.5 million tons of aluminum, 300,000 tons of zinc and 5 tons of gold by the end of 2025.

Short URL : https://goo.gl/mvH9Qg
  1. https://goo.gl/uhYgXH
  • https://goo.gl/fgUaFa
  • https://goo.gl/PQtsgF
  • https://goo.gl/TrZr2H
  • https://goo.gl/yCn8kw

You can also read ...

Turkey Determined to Protect Companies From US Sanctions
Turkey will take every initiative to protect its companies...
Westminster Group Hopeful Over Iran Airport Security Deal
UK-based company Westminster Group PLC is still hopeful it can...
Tesla’s Gigafactory in Nevada, the US
Tesla Inc has flown six planes full of robots and equipment...
Further Hike in Unified USD Rate
The Central Bank of Iran has increased the US dollar's...
Head of Sistan-Baluchestan’s Ports and Maritime Organization Behrouz Aghaei (L) shakes hands with Managing Director of Life Trade Promotion Company Mohammad Arazesh after signing the agreement on May 23.
Life Trade Promotion Company signed an agreement with Sistan-...
Fiat Chrysler Recalls 4.8m Vehicles
Fiat Chrysler is warning the owners of approximately 4.8...
About 60% of the total volume of NPLs in Iran are considered irrecoverable.
Iranian banks and credit institutions held a total of about 1....
Iran’s 65-and-over population is projected to rise to make up 11% of the total population in 2036-37.
Iran’s population will get increasingly older over the next...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus