Jan 22, 2023, 1:10 PM

Iran's Q1-3 exports of minerals, mining products top $9b

Iran's Q1-3 exports of minerals, mining products top $9b

TEHRAN, Jan. 22 (MNA) – A total of 35.54 million tons of minerals and mining industry products worth $9.09 billion were exported from Iran in nine months.

New data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show that a total of 35.54 million tons of minerals and mining industry products worth $9.09 billion were exported from Iran during the first nine months of the current Iranian year (March 21-Dec. 21, 2022), registering a 5% rise in tonnage, but a 2% fall in value compared with the similar period of last year.

Steel manufacturing chain products (iron ore, semi-finished and finished steel) topped the list of exports in terms of value with an aggregate of $4.26 billion, followed by copper and related products worth $1.11 billion and aluminum products worth $854.3 million.

In terms of tonnage, cement and clinker topped the list with 10.37 million tons. Steel came next with 7.88 million tons and was followed by pellet with 3.33 million tons, Financial Tribune reported.

Exports of iron ore pellets saw the biggest jump in terms of value (282%) to reach $422.4 million, followed by ferroalloys with $51.9 million (up 139%) and titanium (up 121%) with $100,000.

MNA/PR

News ID 196451

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