Iran produces some 295,000 tons of concentrated coal

Business Materials 21 August 2013 09:48 (UTC +04:00)

Azerbaijan, Baku, Aug. 21 / Trend, N. Umid

Iran has produced some 295,465 tons of concentrated coal during first four months of the current solar year (started on March 21), Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) website reported.

According to the report, Kerman, Tabas, Alborz Sharghi, Alborz Markazi and Alborz Gharbi companies share some 110,366, 96,861, 53,031, 33,820 and 1,387 tons of the figure respectively.

Also some 604,111 tons of coal has been extracted by the companies during the period, the report said.

In February, IRNA quoted Iranian deputy industry minister Fereydoon Ahmadi as saying that seventeen coal production plans are operating in Iran, which are projected to bring the country's coal output to 4.6 million tons.

In January, IRNA quoted Iranian Industry, Mine, and Trade Minister Mehdi Ghazanfari as saying that Iran's existing mineral reserves will sustain for 140 years if 400 million tons of the reserves are extracted annually.

Iran's discovered mineral reserves are valued at over $770 billion, he noted.

The potential mineral reserves are estimated to be 57-58 billion tons, of which 37-38 billion tons have been proven, he said.

Iran possesses two percent of the world's total mineral reserves.