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Ministery of Industry, Trade, and Mine of Iran issues order on mining auctions

Business Materials 14 July 2021 17:15 (UTC +04:00)
Ministery of Industry, Trade, and Mine of Iran issues order on mining auctions

TEHRAN, Iran, July 14

Trend:

The Deputy Minister of Industry, Trade, and Mine of Iran issued an order to stop announcing the results of the mining auctions.

The auction of 6,000 inactive mines in Iran was announced by the order of the Ministry of Industry in May, Trend reports citing Tasnim News Agency.

The deputy of Mine affairs of the Ministry has stopped the announcement of the auction results.

The Minister of Industry, Alireza Razm Hosseini, recently announced at the unveiling ceremony of the plan that the transferring of 6,000 inactive mines of the country to qualified individuals through auctions, will create an industrial and mineral leap in the country.

According to the letter of the Deputy Minister of Industry, Mine and Trade o the heads of the Industry, Mining and Trade Organization of 31 provinces, the transferring process of mines to the private sector must be stopped at any level.

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