Mining investments rise 60% to $3.2b

Financial Tribune – About $3.2 billion were invested in Iran’s mining and mineral industries during the last fiscal year (ended March 19, 2020) to register a 60% rise compared to the year before, says the spokesperson of the Iranian Mines and Mining Industries Development and Renovation Organization.

According to Mohammad Sepehr, the Covid-19 outbreak postponed the inauguration of several projects, IRNA reported.

According Khodadad Gharibpour, chairman of IMIDRO, 31 mineral projects worth $2.27 billion will come on stream in the current Iranian year.