Industry, Mining, and Trade
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Iran Revives 1,200 Inactive Mines to Attract Private Investment
The spokesperson of the Ministry of Industry, Mining and Trade announced the reactivation of 1,200 inactive mines in the country and said: By delegating part of the headquarters' authorities to the provinces, shortening administrative processes, and offering investment packages, the ground has been prepared for a broader presence of the private sector in the mining sector.
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Technology promotion, focus of industrial units reconstruction
The Minister of Industry, Mining and Trade said: The Ministry of Industry, Mining and Trade, simultaneously with the reconstruction of industrial units, pursues modernization and technology promotion based on state-of-the-art knowledge and the training of specialized managers.
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Replacement of oil revenues with mining resources should be pursued: minister
Minister of Industry, Mining, and Trade Seyyed Mohammad Atabak stated that the ministry's outlook is "smart value creation," focusing on securing and modernizing machinery, transforming underground wealth into national economic power, and replacing oil revenues with mining revenues, Mehr News Agency reported.