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FinancialNews
06-07-21
Iran to be one of top 10 mineral-rich countries across globe
(MENAFN)Iran is considered one of the top 10 mineral-rich countries across the globe, with 68 different types of minerals, including the world’s largest copper, zinc and iron reserves. In this regard, the Iranian government was seriously following a number of programs for encouraging the mining sector as a major contributor to the country’s economic increase.
Iran's proven iron ore reserves are 2.7 billion tons (about 0.8 of the world's total reserves), as the country’s copper reserves stood at 2.6 billion tons (about 0.4 of the world's reserves). The country also obtains 11 million tons of zinc reserves (about four percent of the world’s total reserves).
The amount of proven reserves of Iran's mines are expected at about 60 billion tons that is estimated to stand at over 100 billion tons with the implementation of the Industry, Mining, and Trade Ministry’s exploration programs over 500,000 square kilometers of new mineral zones.
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