TEHRAN (Iran News) – Minister of Industry, Mine and Trade Reza Rahmani said that minerals account for 25% of Iran’s total non-oil exports share.
He put the total value of non-oil exports at about $40 billion, 25 percent of which belongs to the export of minerals, which accounts for $10 billion.
He made the remarks in the inaugural ceremony of the pilot of technology and extraction of rare soil elements and other strategic elements in Alborz province on Tue. while putting the total value of mining and mineral production in the country at $22 billion.
Fortunately, the country’s share of non-oil exports has not decreased despite sanctions, he said, adding, “effective steps have been taken in order to use modern methods instead of the traditional ones for the export of minerals.”
Statistics of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) showed that the mining and mineral industrial sector has earmarked more than one-fifth of the country’s total export share in the last Iranian calendar year (ended Mar. 20, 2019).
According to IMIDRO, mining and mineral sector accounted for 16 percent of total exports share, the rate of which hit 21 percent in the last year (ended March 20, 2019).
More than $9.2 billion worth of mineral products was exported from the country in the last year, the report added.
- source : MNA, Irannews