Iran's iron ore reserves hit 3 bln tons, says official

Young journalists club

News ID: 18654
Iran » Iran
Publish Date: 15:41 - 31 January 2018
TEHRAN, January 31 - Head of Iranian Mines & Mining Industries Development & Renovation, IMIDRO, Mehdi Karbasian said the country’s iron ore reserves currently reach 3 billion tons.

Iran's iron ore reserves hit 3 bln tons, says officialTEHRAN, Young Journalists Club (YJC) - He said Iran is going to increase steel production from 21 million tons to 55 million tons for the next 8 years, and it has to raise iron ore production to materialize the goal.

He said 500 million tons iron pre reserves have been added to the country’s reserves over last year.

In September 2017, Iran discovered a new iron ore mine in the central city of Yazd, estimated to hold 2 billion tons of reserves with iron content of 70 percent.

The reserves were discovered recently at a depth of 1,500 meters, Director General of Industry, Mine and Trade of Yazd Province Mohammad Reza Alamdar-Yazdi told a news conference.

"Altogether, 90 percent of the Yazd province is a mineral-bearing area, where 28 promising and significant areas have been explored so far,” he said.

The iron ore reserves of Golgohar in Kerman in south-central Iran are one of the world’s largest, yielding up to five million tons a year.

 

 

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