Mineral Industries

FDI in industrial sector hits 26% growth in seven months

TEHRAN, Dec. 02 (MNA) – Statistics of the Ministry of Industry, Mine and Trade indicate that $784.6 million worth of Foreign Direct Investment (FDI) was approved for 55 industrial, mineral and trade projects in the seven months of the current Iranian calendar year (from March 21 to Oct. 22), showing a 26.1 percent growth as compared to the last year’s corresponding period.

Iran Mineral Salts Co.’s export volume up by 20% this year

TEHRAN, Nov. 16 (MNA) – Chief Executive of Iran Mineral Salts Company Ali Rostami said that export volume of company’s products registered a 20 percent hike in the current year (started March 21).

Deputy industry min.:

Production growth of 26 main mineral & industrial products in H1

TEHRAN, Nov. 03 (MNA) – Deputy Ministry of Industry for Planning Affairs Saeed Zarandi said that 26 mineral and industrial products registered significant growth in the first six months of the current year (March 21 – Sept. 22).

Imports on downward trajectory: Industry minister

TEHRAN, Oct. 27 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said on Sunday that the country's import volume is on a downward trajectory under the policy of the ministry.

Mineral productions value to exceed $21bn in current year

TEHRAN, Oct. 02 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that value of industrial and mineral productions in the current year (started March 21) will exceed $21 billion in the current yeasr (started March 21).

Iran to increase tariff on raw minerals: VP Sattari

TEHRAN, Sep. 18 (MNA) – Vice President for Science and Technology Sorena Sattari said on Tue. that tariff rates for exporting raw minerals will increase.

FDI drops in mineral, industrial sector in four months

TEHRAN, Aug. 21 (MNA) – Foreign Direct Investment (FDI) in the mineral and industrial sector in the first four months of the current year (March 21 – July 21) registered a 60 percent decline as compared to the same period of last year.

By: Mahnaz Abdi

Reviving small mines on agenda

TEHRAN, Jul. 29 (MNA) –Establishment of high-capacity industrial units recently in Iran indicates the need for the supply of more minerals as feedstock for these units.

Iraq amb. to Iran:

Tehran, Baghdad should help each other to boom industries

TEHRAN, Jul. 14 (MNA) – Iraq's Ambassador to the Islamic Republic of Iran Saad Abdul Wahab Jawad Qandil said that the two countries of Iran and Iraq enjoy high potentials and can help each other for booming industrial and production units.

Iran home to 7% of world’s mineral reserves

TEHRAN, Jul. 03 (MNA) – Head of Iran Stone Association said the country is home to 7% of the world’s mineral reserves, adding that Iran’s stone exports are destined for over 40 countries.

In presence of Parl. speaker:

National Day of Industry, Mine kicks off

TEHRAN, Jul. 01 (MNA) – The National Day of Industry and Mine kicked off in OIC Summit on Monday in the presence of Parliament Speaker Ali Larijani, Minister of Industry, Mine and Trade Reza Rahmani.

Banks urged to establish more coop. with mining sector

TEHRAN, Jun. 24 (MNA) – Deputy Minister of Industry, Mine and Trade Saeed Zarandi called on domestic banks to forge further cooperation with the country's mining and mineral industries.

Iran’s aluminum output totals 41,000 tons in two months

TEHRAN, Jun. 19 (MNA) – Iran's major aluminum companies produced an aggregate of 41,367 tons of aluminum products in the first two months of the current fiscal (March 21- May 21), according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO.

Deputy industry min.:

Iran's investment in mining sector to hit $3bn this year

TEHRAN, Jun. 17 (MNA) – Deputy Minister of Industry, Mine and Trade Khodadad Gharibpour said Monday that Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will invest $3 billion in mining and mineral sector of the country in the current year (started Mar. 21, 2019).

Deputy industry min.:

Iran exported $8.5bn worth of minerals last year

TEHRAN, Jun. 08 (MNA) – Deputy Minister of Industry, Mine and Trade Jafar Sargheini said that the country exported $8.5 billion worth of mining and mineral products last year (ended Mar. 20, 2019).

Iran's iron ore concentrate production volume exceeds 4mn tons in one month

TEHRAN, Jun. 02 (MNA) – Statistics showed that 4,013,413 tons of iron ore concentrate were produced by nine mineral companies in the country in the first month of the current year (March 21-April 20), showing a one percent decline as compared to the last year’s corresponding period.

Iran exports $121mn minerals in one month

TEHRAN, May 29 (MNA) – Statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that the country exported $121 million worth of minerals in the first month of the current year (March 21 – April 20).

World Steel Association:

Iran steel output rises 6% in January-May

TEHRAN, May 28 (MNA) – Iranian steel manufacturers produced a total of 8.388 million tons of crude steel during the first four months of 2019, indicating a 6% growth compared with the corresponding period of 2018, according to the data released by the World Steel Association.

Production of aluminum ingot tops 20,000t in 1st month

TEHRAN, May 25 (MNA) – More than 20,000 tons of aluminum ingots were produced in the first month of the current Iranian calendar year (March 21 – April 21).

4.5mn tons of minerals extracted in Chaharmahal, Bakhtiari province

TEHRAN, May 21 (MNA) – Some 4.5 million tons of minerals have been extracted from the mines of the Southwestern Chaharmahal and Bakhtiari province, the head of the province’s Industries, Mining and Trade Organization Mohammad Kazem Monzavi announced.

Minerals account for 21% share of non-oil exports

TEHRAN, May 19 (MNA) – Statistics show that minerals accounted for 21 percent of non-oil exports in the country.

Iran continues to export minerals despite US sanctions

TEHRAN, May 13 (MNA) – Member of the Board of Directors of Iran Mine House Bahram Shakouri said on Monday that the country will continue to export minerals despite US sanctions.

Iran's mineral exports hit $9.22b last year

TEHRAN, Apr. 23 (MNA) – Iran exported over 57.707 million tons of mineral products worth over $9.22 billion during the past fiscal year (ended on March 20).

$903mn worth of FDI approved in mineral, industrial sectors in 10 months

TEHRAN, Apr. 22 (MNA) – Statistics of the Ministry of Industry, Mine and Trade showed that $902.9 million worth of Foreign Direct Investment (FDI) was approved by the Foreign Investment Board in various types of mineral and industrial sectors in 10 month of the last Iranian calendar year (March 21 – Jan. 21).

Deputy industry min.:

Sanctions to have no impact on new investment in mining sector

TEHRAN, Apr. 09 (MNA) – Deputy Minister of Industry, Mine and Trade, Khodadad Gharibpour, said Tue. that US sanctions on Iran will not cause impasse behind development and investment in mines and mineral industries of the country.

IRICA:

Mining, mineral industries’ imports shrink 33% in 11 months

TEHRAN, Mar. 26 (MNA) – According to the statistics of the Islamic Republic of Iran Customs Administration (IRICA), imports of mining and mineral industries into the country experienced a significant 33 percent decline in 11 months of the last Iranian calendar year in 1397 (March 21 – Feb. 21) in terms of value as compared to the same period of last year (ended March 20, 2018).

Qazvin mineral products exports bring $70m of forex revenues

TEHRAN, Mar. 13 (MNA) – Head of Industry, Mine and Trade Organization of the Iranian province of Qazvin announced that exports of mineral products from the province brought the country $70 million of foreign exchange income during the past Iranian calendar year (ending March 20, 2019).

Industrial exports’ value hit $14bn in 9 months

TEHRAN, Mar. 10 (MNA) – Statistics showed that exports value of industrial sector in the nine months of the current Iranian calendar (March 21 – Dec. 21) hit $14 billion at large.