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Azerbaijani manufacturer utilizes gypsum factory, mine in Iran (Exclusive)

Business Materials 8 April 2018 14:37 (UTC +04:00)

Tehran, Iran, April 8

By Kamyar Eghbalnejad – Trend:

Matanat A, an Azerbaijani manufacturer of cement and gypsum-based products, has utilized a mine in northern Iran and is expected to launch a gypsum factory there.

The deputy minister of industries, mining and trade, Jafar Sarghini, told Trend that the Azerbaijani company has obtained permission for utilizing the gypsum mine in Semnan Province, adding that Matant A is currently working to produce gypsum from the mine.

Sarghini further called for expansion of cooperation between Iran and Azerbaijan in the mining sector.

The latest official statistics indicate that export of Iran’s minerals and mineral industry products has increased in terms of value. However, the volume of the exports of the products has dropped.

Exports of the products amounted to $8.396 billion over the first 11 months of the last fiscal year (March 20-Feb.20), six percent up year on year.

In volume terms, the exports of minerals fell by 3 percent to 58.1 million tons in the 11-month period.

The exports included cement, ceramic and tiles, steel and iron products, all types of stones, copper, coal and coke as well as chromium, mica, nickel, precious metals, and aluminum, Molybdenum, titanium, lead and zinc production chain products.

Iran’s daily output of minerals stands at 1.2 million tons and the country’s proven mineral reserves stand at 37 billion tons.

Iranian cement factories produced 49.697 million tons of cement during the first 11 months of last fiscal year (March 20, 2017-Feb. 20, 2018), a fall by 1.8 percent year-on-year.

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