BAKU, Azerbaijan, January 28. Iran’s Mining Investment Insurance Corporation granted 46 insurance and guarantee packages for mining activities, valued at 35.8 trillion rials (around $852 million), in the first nine months of the current Iranian year (March 21 through December 21, 2023), Trend reports.
Data from Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) shows that Mining Investment Insurance Corporation of Iran granted 35 guarantee packages for mining activities, valued at 34.3 trillion rials (around $817 million), in the mentioned period.
The corporation also granted an insurance package for mining activities, valued at 1.49 trillion rials (around $35.5 million), in 9 months.
Since its establishment (2001) until December 21, 2023, Mining Investment Insurance Corporation of Iran has granted 1,947 insurance and guarantee packages for mining activities, valued at 112 trillion rials (around $2.67 billion).
The Mining Investment Insurance Corporation of Iran, which operates under IMIDRO, supports the private sector for mining activities.