Iran Exports over 13 Billion Dollars of Mineral Products
15:00 - May 13, 2024

Iran Exports over 13 Billion Dollars of Mineral Products

TEHRAN (ANA)- The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the value of Iran’s exports of minerals in the past Persian calendar year (ended on March 19) hit $13.7 billion.
News ID : 5958

The value of Iran’s export of minerals and mineral industries in the last year registered a nine percent increase compared to a year earlier, IMIDRO said.

The report added that $7.3 billion worth of the mining and mineral products were imported into Iran from March 2023 to March 2024, showing a 35% rise compared to a year earlier.

Iran is one of the top 10 mineral-rich countries in the world. Having 15,000 mining areas, Iran has the sixth largest zinc, seventh largest copper, ninth largest iron ore reserves, and fifth largest gypsum and barite reserves globally. It also has 3% of the world’s total lead and zinc reserves, and huge coal reserves. Other mineral products like chromate and manganese are also found in different regions of Iran.

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Mining in Iran is still under development, yet the country is one of the most important mineral producers in the world, ranked among 15 major mineral-rich countries, holding some 68 types of minerals, 37 billion ton of proven reserves and more than 57 billion tons of potential reserves worth $770 billion in 2014.

The most important mines in Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt.

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