Minerals export rises 7% in 8 months yr/yr

December 11, 2018 - 21:36

TEHRAN- The value of Iran’s minerals export during the first eight months of the current Iranian calendar year (March 21-November 21) rose seven percent compared to that of the same period of time in the past year, IRIB reported citing the data released by the Ministry of Industry, Mining and Trade.

Iran exported 39.882 million tons of minerals worth $6.874 billion during the eight-month period, showing 10 percent fall in terms of weight.

Of the mentioned figure of exports, $3.298 billion was related to the chain of steel products and $514 million was from the chain of copper products.

The worth of Iran’s minerals and mining exports stood at $9 billion in the past Iranian calendar year (ended on March 20, 2018), according to Mehdi Karbasian, the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Iran is one of the top 10 mineral-rich countries where 68 types of minerals have been identified so far, including the world’s largest deposits of copper, zinc and iron ore, which are tempting international investors.