Iran’s mineral production 200 million tons below capacity
Baku, Azerbaijan, Jan. 6
By Fatih Karimov - Trend:
Iran's mineral production is about 200 million metric tons below nominal capacity which is 600 million metric tons.
Amir Khorami Shad, deputy director of Iranian Mines and Mining Industries Development and Renovation, known as IMIDRO, said based on international standards, each country can extract one percent of their estimated and proven mineral reserves. So, Iran should produce 600 million metric tons of minerals, Iran's IRNA news agency reported on Jan. 6.
"Iran's estimated and proven mineral reserves total 60 billion metric tons," he said. "The country's mineral reserves are estimated to cost $750 billion."
Iran ranks 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.
Important mines of Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt.
The country has the world's largest zinc and second largest copper deposits and ranks ninth for its iron reserves.