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Iran to offer its mines at auction for exploitation, development

Business Materials 6 October 2022 14:48 (UTC +04:00)
Iran to offer its mines at auction for exploitation, development
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 6. Iran will offer 5,349 of its mines for exploitation and development at the auction, during October 8 through October 18, 2022, an official of Iranian Ministry of Industry, Mine and Trade, Mehdi Hamidi, said, Trend reports referring to Young Journalists Club (YJC).

Hamidi said that there are about 12,000 mines in the Iran, of which more than 6,500 are active.

“Meanwhile the remaining mines are either inactive or are working at a minimum level," he said.

The official noted that Industry, Mine and Trade organizations in all provinces of Iran have been instructed to create the necessary conditions for buyers at auctions.

Hamidi also pointed out that information about all mines is provided by the mentioned organizations.

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