Official calls for targeted investment in the Iranian mining industry’s research sector

In an address to a meeting, Majid Vafaei listed problems faced by the processing industry in the domestic mining sector as low purity of the country’s mineral reserves, consumption and population growth, over-emittance of greenhouse gases and environmental issues, according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

He noted that these challenges could be overcome by adopting macro-level approaches and encouraging well-targeted and smart investments in the industry.

Promoting research and employing modern technologies play a pivotal role in the development of the processing industry in the mining sector, Vafaei said, adding that this requires sufficient investment.

“IMPRC has the capacity to develop domestic mineral processing industry. This center has prepared the ground for providing services in the field of analyzing mineral samples discovered by domestic private and public companies.

Speaking at the same meeting, Hossein Hashemi, the head of the mines and mining industries think thank of the Ministry of Industry, Mine and Trade, stressed the necessity of paying adequate attention to domestic mining formations and organizations, such as the Iranian Mining Engineering Organization (IMEO).

He added the mining industry is among the most important economic sectors of the country.

“If all parts of the mining chain, from exploration to production, are activated properly, it would play a very significant role in the development of the domestic economy.”

He stressed that it is of the utmost importance to pay attention to promoting research in the sector, expressing hope that greater importance would be attached to the role and status of the mining sector in Iran’s Sixth Five-Year Economic Development Plan (2017-22).

Source » iran daily

You May Be Interested