Iran-Made Machinery Compete with European Rivals for Core Drilling
The Iranian-made machinery has the advantage of recovering core samples by 100 percent.
Core drilling is the process of drilling below the earth's surface to obtain a core of soil or rock sample in order to determine its properties.
The primary purpose of core drilling is to obtain an undisturbed, intact sample representative of the in-situ material. Coring is the primary method of obtaining samples of the soft rock and cemented soil that are encountered in many areas of the world.
Mohammad Akhtari, the managing director of Kani Sanat Shahvar Company, said was established in 2010 for manufacturing mining machinery in order to be used for exploration operations.
In 2015, the company received a license for knowledge-based activities, he said, adding that it currently produces fully hydraulic machinery able to drill down to 1,500 meters depth.
Kani Sanat Shahvar is affiliated with Islamic Azad University, Shahroud branch, Semnan province. The machinery manufactured by the company is able to recover core samples by 100 percent which is an advantage compared with foreign-made machinery.
The company started the activity with just two employees, but now it has 120 employees, Akhtari concluded.
Having 81 different types of minerals, Iran is one of the top 10 mineral-rich countries across the globe. In this regard, the Iranian government is pursuing several programs for promoting the mining sector as a major contributor to the country’s economic growth.
Reza Mohtashami, the deputy, industry, mining, and trade minister, said in July that there are more than 15,000 mining machines, which are over 20 years old, in the fleet of mining industries of the country, which need renovation and replacement.
The latest government figures show Iran holds around seven percent of the world’s mineral reserves at an estimated value of $770 billion.
The Iranian customs office has reported that mining exports were so lucrative over the past year that they beat government expectations and became a major source of earning hard currency for the country.
Mining accounted for 27 percent of the value of Iran's entire non-oil exports over the year to March 20, 2022.
Iran’s mining exports had increased by 73 percent in value terms over the past calendar year to reach a total of $12.291 billion, according to the report.
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