• 15 September 2018 - 17:55
  • News Code: 91347

Iran's Minister of Industry, Mine and Trade said our ore iron production will be 90 million tons and also our cathode copper production will exceed 220 thousand tons in the current year (according to Iranian calendar), adding gold production will be 10 tones setting a new record.

IBENA- Talking at the Annual General Assembly of Iran Mining and Mining Industries Development and Renovation Organization, Mohammad Shariatmadari stated that in the previous year a number of projects, valued at 9600 billion tomans totally were tapped, highlighting in the current year the figure will increase to 11 thousand billion tomans.
The official went on to say that since the beginning of the year, a number of projects valuing at 1400 billion tomans have been tapped, too.  
The Minister made the remarks that positive growth of minerals extraction is continuing and its signs can be seen in stocks competition, saying metal minerals export will go on more than past, adding in capital market , production and export statistics indicate the mining and mining industries' strength in the toughest circumstances of the country in the sanctions era.

It is worth mentioning that IBENA is an only specialized news agency in banking and economy areas, which is affiliated with the Central Bank of Iran.



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