Iran to invest 6 billion euros in 6 mineral projects
Tehran, Iran, Jul. 7
By Milad Fashtami - Trend:
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to invest 6 billion euros in 6 mineral projects inside the country.
Deputy Director of IMIDRO Jamashid Molla-Rahman said on July 7 that the company is also carrying out exploratory operations in over 50 sites across the country, Iran's Mehr News Agency reported in July 7.
He further said that the country's gold output will reach 6 million tons.
"There are currently over 5,000 active mines in Iran," Molla-Rahman explained.
Iran is ranked 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. Iran has the world's largest zinc and second largest copper deposits and ranks ninth for its iron reserves.