Iran holds 3b tons of Iron ore reserves: industry official

February 2, 2018

TEHRAN – Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) put the country's iron ore reserves at 3 billion tons, IRIB news reported.

According to Mehdi Karbasian, the country plans to increase its current 21 million tons of steel production to 55 million tons by the end of Iranian calendar year of 1404 (March 2026), so it needs to boost the amount of its iron ore extraction.

EF/MA

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