According to Reza Azimi, who directs the ministry’s program for reviving and developing small mines, over 453 such mines have been revived and developed in the mentioned 11 months creating job opportunities for over 3,500 people, IRNA reported.

Azimi said the most important goal of this program, which is being implemented by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), is to activate the country’s mines, which will result in increased production and employment, especially in deprived areas.

“Our focus is on the development and supporting of inactive and expandable mines across the country using private sector capital,” the official said.

According to Azimi, the total number of revived mines has reached 852 since the launch of the program in late March 2019 until January 20, 2021.

From the beginning of this year to the end of the Iranian calendar month of Bahman (January 20), operations were conducted on 503 mines in collaboration with provincial working groups, and necessary measures were taken which include the removal of administrative barriers, providing investment, and resolving local conflicts, he said.

Back in December 2021, Azimi had mentioned concluding 37 memorandums of understanding (MOU) for investment, and scientific-research cooperation with knowledge-based companies, as well as the introduction of 124 projects to Mining Investment Insurance Corporation for receiving facilities, and the support and coaching of knowledge-based companies and startups as other measures taken under the framework of the mentioned program.

As reported, IMIDRO is conducting the program with the aim of providing feedstock for mineral industries, increasing production and completing the mining industry’s product chain, and developing and creating sustainable employment.

Following this program, so far various small-scale mines including chromite, manganese, hematite, dolomite, iron ore, copper, and construction stone mines have been surveyed by monitoring and diagnosing the problems of the mines and providing solutions for resolving their issues.

Over the past few years with new resilient economy strategies coming into play, the mining sector has become a major point of focus for the Iranian government and various organizations and bodies active in this sector have been tasked to implement new programs for boosting this sector.

As a major state-owned holding company active in the mining sector in the country, IMIDRO has been playing a significant part in the mentioned planning.

The organization has been implementing several new programs in all the main fields of the mining industry including exploration, machinery development, extraction and also reviving the country’s idle mines.

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IRAN NEWS ECONOMIC DESK

TEHRAN – Minister of Industry, Mine, and Trade said the knowledge required in mining industry has been localized, adding that the extraction of minerals will reach to 500 million tons from 470 million tons in the past years.

Reza Rahmani said good investment has been done in mine industries such as aluminum, iron, and copper which are produced three times more than the country’s consumption.

Iranian Minister of Industry, Mine, and Trade who attended the inauguration ceremony of copper production projects in Kerman, southeast Iran, on Thursday stressed the domestic production in the field noting that copper reserves discovery has been tripled.

Rahmani said currently 64 types of minerals has been identified in Iran, noting that Iran is among the top 10 countries in mining industry.

“Our country has taken the mining industry program seriously with the emphasis of the Leader of Islamic Revolution and the government, and last year’s explorations have been as large as the country’s total explorations so far, which shows the country’s mining position will flourish,” he noted.

He referred to the decrease in selling mineral raw material and attributed it to the adoption of appropriate regulation, which has led to the production of products with high added value.

Announcing that exploration is a priority in the mining sector for the current year, the minister said the large projects this year will lead to employment for more than 10,000 people.

He added that last year over 470m tons of minerals were extracted in the country and this year the ministry is determined to increase the figure to over 500m tons, adding that 35 percent of extractions account for metals.

Rahmani noted that some big actions have been taken and this year the country will see a revolution in privatizing the mines.

On Thursday, President Hassan Rouhani inaugurated four big projects of copper industry in Kerman province.

The inauguration ceremony was held through a video conference from Tehran.

Some 252 million euros investments have been made on the project of Khatoon Abad copper smelting complex and three other projects in Kerman province.

The president noted that reducing fossil fuel consumption, making use of modern technologies and boosting production are the advantages of the project.

During the ceremony President Rouhani stated that inauguration of landmark national projects in the country is a strong response to the global arrogance by Iranian workers, entrepreneurs and officials.

Iran completes national projects despite the sanctions, President Rouhani said at an inauguration ceremony on four major projects on copper industry in southern Iranian province of Kerman.

Despite the U.S. sanctions, Iran creates job opportunities and exports its products, the president added.

There is no way but production to meet the country’s needs in the sanctions era, and also in the critical situation that the country is fighting against the deadly coronavirus since late February, Rouhani said.

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As Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced, the mineral exports also rose one percent to 48.663 million tons in the said time, IRIB news reported.

Mineral exports accounted for 22 percent of the value and 55 percent of the weight of Iran’s total non-oil exports in the nine-month period.

Iran’s minerals and mining industries exports exceeded $7 billion in the previous Iranian calendar year 1395 (March 2016-March 2017), according to a report released by the Customs Administration.

The exports rose by 38 percent and 17 percent in terms of weight and value, respectively, the report added.

Iran is one of the top 10 mineral-rich countries where 68 types of minerals have been identified so far, including the world’s largest deposits of copper, zinc and iron ore, which are tempting international investors after the lifting of Western sanctions in January 2016. It possesses seven percent of the world’s total mineral reserves worth about $700 billion.

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