BAKU, Azerbaijan, Dec. 7
By Elnur Baghishov – Trend:
Iran Minerals Production and Supply Company (IMPASCO) aims to transfer the shares of 22 mining complexes to the private sector in the current Iranian year (March 21, 2021, through March 20, 2022), Executive Director of the company Mohammad Reza Karimi said, Trend reports citing the company’s website.
“Within the framework of the goal, the shares of 7 mining complexes were transferred to the private sector within the first seven months of the current Iranian year (March 21 through October 22, 2021). About 100 trillion rials (about $2.38 billion) worth of investments were attracted in this regard,” Karimi said.
The director added that certain minerals, including, coal, gold, antimony, copper, travertine, steel, and so on will be extracted from the mines transferred to the private sector.
Karimi also pointed out work on the transfer of the shares of 9 mining complexes to the private sector is nearing completion. In addition, auctions will be held to transfer 6 mining complexes to the private sector.
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