Top Priority of Mining Sector
It is necessary that mineral materials should be processed and
turned into products and if required foreign partners be used in
order to create jobs inside the country.
What is important in the mining sector is exploration, which has not
received due attention, said Minister of Industry, Mine and Trade Mohammad
Reza Nematzadeh, adding that only 7 to 8 percent of the country has been
explored and exploited in terms of mining.
Stressing that mineral exploration should be followed up seriously, he said
47 billion tons of minerals exist in the country, 60 percent of which
include construction materials such as limestone, sand and plaster. Metal
and non-metal minerals and products comprise the rest.
Stating that 68 types of minerals have been identified in the country,
Nematzadeh said, “We should be able to exploit this God-given gift and
simultaneously by using new technologies develop it thoughtfully and wisely
and manage to create value added and ultimately valuable products and export
He said thanks to the planning made by the office of deputy minister for
Mines and Mineral Industries over 400,000 km and 90 mineral zones have been
released and transferred to the private sector in the past two years.
Of course, he said, priority in transferring was given to the companies and
miners which enjoyed the necessary expertise and capabilities or were ready
for merger, in case of being small in dimensions.
The minister added that major mineral exploitations will be carried out by
Iranian Mines and Mining Industries Development & Renovation Organization
(IMIDRO) especially at border areas in case the private sector does not
welcome this issue.
Announcing that exploitation activities have started jointly with Iran
Atomic Energy Organization in the recent months on 100,000 sq km of area, he
said, “In this way besides exploiting radioactive minerals, we can attain
other needed domestic and foreign strategic elements with the assistance of
universities and within the course of research activities.”
Nematzadeh said after the Joint Comprehensive Plan of Action (JCPOA), on
average 5 to 6 ministers and foreign delegations arrive in Iran every week.
This provides a good opportunity for Iranian engineering and exploitation
companies to negotiate with them and form joint consortiums to follow up
mines engineering affairs.
Like the industry sector, most of Iranian mines and mineral industries are
in need of renovation and rehabilitation, he said, adding that maintenance
and repair of heavy duty machinery would be made possible by using foreign
facilities. In this way, about 40 percent of the price of mineral machinery
would be reused.
He said it was true that the completion of the production cycle would go
back to the industry sector, however, in the mining sector the sale of any
kind of crude minerals should be prevented.
It is necessary that mineral materials should be processed and turned into
products and if required foreign partners be used in order to create jobs
inside the country.
creative and innovative youth comprise the main assets of the country, he
said, “We follow a win-win policy in dealing with foreign partners and
intend to launch joint (50-50) production. We also intend to export our
surplus products to the target countries.”