Deliver mineral exploration zones to Imidro
The head of Iran's Mines and Minerals Development and Renovation Organization (Imidro) called for the transfer of all mineral exploration zones throughout the country to the private sector after identifying the relevant reserves.
According to Iran's International Stone Exhibition, Khodadad Gharibpour on Saturday at the 15th International Exhibition of Mining and Mining Industries, Machinery, Equipment and Related Industries at the permanent exhibition site of Tehran International Exhibitions added: Imidro in the Eleventh Government carried out an exploration program of two hundred and fifty thousand square kilometers and is now on the agenda of four hundred thousand square kilometers covering a total of six hundred and fifty thousand kilometers of exploration zones.
He said: Today in thirty provinces the zones are available and the private sector consortium is in the field of exploration and this is the base of mining work and should be continued on a continuous basis.
"By the end of the year, sixteen billion dollars are projected to be invested in the mining and mining industries, which will employ more than 700,000 people, and at least $ 3.5 billion will be put into operation this year," the deputy minister of industry said.
He mentioned Imidro's 12th government plan to invest 11 billion euros in infrastructure, including rail, road, electricity and water.
Gharibpour said: "The issue of providing infrastructure is of great importance and Imidro has quadrupled its credits for this purpose."
He advised the mining industry: instead of dividing profits among shareholders, invest resources in the development of activities, and the copper company in the financial year 2-6 more than four thousand and six hundred billion toman increased capital and Mobarak steel eight thousand billion toman definition plan And these two large industrial units have sold six and seven months, respectively, of total sales last year, which will increase profits.
He emphasized: Today the message we have to the capital market is that companies spend their resources on development to stimulate export markets while boosting production and employment growth.
Chairman of the Board of Directors of Imidro added: Today, twenty-five percent of the capital market is related to the mining and mining industries, while the units present in the sector account for thirty-six percent of profits.
* IRNA
