Imports of mining machinery require foreign exchange
Lack of currency allocation will increase the price of machinery and reduce the demand for it, so the government should create conditions for miners to export the minerals they need to buy the mineral machinery.
According to the International Exhibition of Iranian Stone, the government's decision to import mining machinery and road construction by the end of this year with free currency should not be discussed with what currency to import, because now with the problem of providing currency and transferring it to the country. We are facing this issue and it cannot be commented on until the regulations are set in this communiqué.
One of the major problems in mining is the depletion of mining machinery. These machines are constantly in need of modernization operations, and the difficulty in supplying their parts will make it difficult for miners to work.
Lack of currency allocation will raise the price of machinery and reduce demand, so the government should create conditions for miners to export the minerals they need to buy the mineral machinery they export.
Unfortunately, in October of last year, the government reduced the same power of Iran's competitiveness in global markets with countries such as Australia and China by setting tariffs of 25 percent for some raw minerals such as iron ore.
Another problem is the existence of sanctions, which has led to the fact that we used to buy the machines at a certain rate in the past with more additions. At the same time, imports are now made through intermediaries and other supplier countries.
Following the rise in prices, the ability of domestic companies to buy basic spare parts has decreased, so they are looking for second-hand spare parts. However, buying spare parts for machines alone is a hassle, as the parts must be ordered in bulk.
Abdolreza Salehi - Secretary of the Association of Importers of Heavy Mineral Machinery - Samat
