Financing, the solution to the miners' problem

Financing, the solution to the miners' problem
  • 2020-02-15
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Member of the Parliamentary Committee on Industries and Mines: In fact, the key to solving the problem of miners is in financing. Unfortunately, miners are having a hard time getting funding to order from local producers.

According to the International Stone Exhibition of Iran, worn-out machinery disrupts the work of mines, so we need to be equipped with the latest technology in order to increase the capacity of the country's mines. Of course today, despite the sanctions, we cannot do enough in the field of mineral mining, so we must try to pay attention to internal knowledge and increase our capacity by producing domestic machinery.

To this end, the authorities must contribute to the growth of domestic production in the mining sector. The law, meanwhile, made maximum use of domestic production capacity and emphasized that MPs were concerned about protecting domestic production.

Therefore, it is expected that the capacity of production units will be used in the production of mining machinery and equipment and that the production companies will adequately exhibit themselves. Miners, of course, need to be financially supported to produce the tools they need.

In fact, the key to resolving the miners' problem is in financing. Unfortunately, miners are having a hard time getting funding to order from local producers.

If a proper financial model is designed in which banks pay the required loans to the miners, this can help the mines to flourish. While we have good companies in the country, they are often struggling with both production and financing. In the meantime, if the government and parliament seek to boost production and solve the problems of the mining industry, it is necessary to define a financial model for the farmers to operate safely.


* Seyyed Mehdi Moghaddasi, Member of the Committee on Industries and Mines of the Islamic Consultative Assembly-Semat