Minerals, mining exports at $7.2b in 9 months

January 12, 2019

TEHRAN- The value of Iran’s minerals and mining exports stood at $7.2 billion during the first nine months of the current Iranian calendar year (March 21-December 22, 2018), showing a one-percent growth from the figure of the same period of time in the past year.

In terms of weight, the exports from this sector fell 10 percent to 44.721 million tons, IRNA reported on Saturday citing the data released by the Islamic Republic of Iran Customs Administration (IRICA).

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 the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Meanwhile, based on the latest data released by IMIDRO, domestic mining companies have injected 50 percent of their revenues to the Forex Management Integrated System, locally known as NIMA, since the beginning of the present Iranian year 1397 (March 21, 2018) to December 31, 2018.

The total revenues of the mining companies in the said time stood at $2.19 billion, the report confirmed, 1.1 billion of which (50.1 percent) has been pumped into NIMA.

MA/MA