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Iran’s biggest porphyry molybdenum reserves discovered in East Azerbaijan province

Business Materials 25 July 2013 16:03 (UTC +04:00)

Azerbaijan, Baku, July 25/ Trend N. Umid/

The biggest porphyry molybdenum mine of Iran with some 39.200 million tons of proven reserves, was discovered in East Azerbaijan province's Meyaneh, head of Industry, Mine and Trade department of East Azerbaijan, Mohammad Jafar Ozmayi said, IRIB reported.

According to the report, proven reserves' purity is about 539 grams of molybdenum per each ton.

The mine's probable reserves are estimated at 66.400 million tons with purity of 266 grams of per each ton, the report said.

Iran holds three percent of the world's mineral reserves which puts the country first in the Middle East and third in Asia.

Iran ranks among the 15 major mineral-rich countries of the world and exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.

The important mines of Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt.

The country ranks 1st, 2nd and 9th in the world regarding zinc, copper and iron reserves respectively.

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