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Iran’s Minerals Production to Hit 250 mln Tones
Code:
4303
Date:
Tuesday 19 January 2010
Production of minerals in Iran will reach to 250 million tones by the end of current Iranian year (started on March), reported by IMIDRO's PR.
Unveiling the news, Iran Mine Secretariat announced that the rate of mineral production in Iran will increase to 250 million tones, indicating 20 million tones increase compared to the same period in preceding year.
Addressing the audiences in a congress on Role of Mining and Mineral Industry in Iran’s Economy, Gholamreza Hamidi Anaraki stated: “The rate of absolute and probable reservoirs of mines in the country is evaluated 57 billion tones for the time being. Out of the figure, 4% is in the process of extraction in a bid to be utilized in industries like cement, tiles, steel, copper, plumb, and zinc.”
He clarified that based on the undertaken predictions; the rate of mineral production will reach to 394 million tons by the end of the fifth socio-economic development plan of Iran (2010-2015) and equipment of identified resources is the first step that should be taken, while discovery and extraction operations should be enhanced.
Emphasizing on the necessity of private section's participation, as well as issuing allowance for oversea investors, Anaraki cited: “The plan for doubling extraction should be studied and it means that we need more tools and new installations, as well as new investments.”
He believes that in a bid to reach the objectives of the fifth socio-economic development plan, as well as 20-year vision, a new regulation is required.
“The initials measures are undertaken yet it should be accelerated. Delegating mines to the private sector should be based on Article 44 of Constitution and in this regard the value of discovered mineral should be evaluated based on a percent of extracted mineral and it should be paid per annum,” he suggested.
He also called for a revision of mines regulation; hence the new regulation will be in harmony with the current economical situation.
“Likewise, initial discoveries should be followed and carried out by government and the strategy for mining operations should be defined as soon as possible,” he said in conclusion.
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