Iran Minerals

Mines and mining industries provide many job opportunities and economic growth. Extraction is an important way to achieve sustainable development, and investing in this sector creates appropriate economic added value. Huge resources of various minerals have made Iran one of the richest mineral countries.

One of the most prominent features of Iran is owning enormous amounts of mineral resources. Iran minerals have a vast variety and potential properties not only for the country but also for the region. Therefore, it has made a strategic geological situation in the heart of the MENA region. In addition, no need to say that mining activities play a key role in the financial and industrial growth of the country.

Iran is rich in diverse mineral resources, some of which have been known since ancient times. Iran has a huge mineral endowment and is among the 15 largest mineral-rich countries with more than 68 types of minerals.

Iran minerals wealth, in addition to oil and gas, includes chromite, lead, zinc, copper, coal, gold, tin, iron, manganese, ferrous oxide, and tungsten. Iran has world-class resources of zinc (largest), copper, iron, and uranium (in ninth place), and lead (eleventh).

The tectonic activities have made the area of the richest ones, having near 10 billion tons of steel resources and 50 billion tons of non-steel industrial and constructional minerals. Yet, vast areas have been abandoned unexplored.

According to the Iranian Geological Survey and Mineral Exploration, the area under mineral exploration in Iran during the first four months of this year (March 20 – July 21) has expanded by 30,000 square meters. Expanding the exploration horizon is propelled with large investments of the Organization for Development and Renovation of Mines and Mining Industries of Iran (IMIDRO) in the past few years.

According to the country statistics organization, 7214 mines were active in 2018. Iran has first place in the production of Barite, Cement, Gypsum, Iron, Molybdenum in the region and fifth, fourth, third, ninth, and eighth place in the world, respectively. Furthermore, is standing on the second step in Feldspar and Lime supply in the area, which would rank as the seventh and eleventh in the global ranking respectively.

Being among the first top ten richest countries in mineral sources, Iran Mineral Exporter has achieved a good situation for exporting mineral products. Scientific and valid researches have proved that the country has 60 billion tons of mineral reserves, being equal to 770 billion US dollar.

Iran’s export of mineral products during the first seven months of the current fiscal year (March 20-Oct. 21) reached 21.17 million tons worth $3.04 billion, the latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.

According to a new report released by IMIDRO, steel topped the list of exports in terms of value with $1.59 billion and was followed by copper with $457.5 million and cement with $163.4 million.

In terms of tonnage, cement had the largest share with 7.63 million tons, followed by steel with 4.3 million tons.

Besides, the variety of this amount is estimated up to 60 different sorts. Iron, Copper, Phosphate, Coal, and minerals like Bentonite, Dolomite, Lime, and many others are a few to name. Most importantly, the quality and purity of minerals are a vital issue, in which our minerals have recorded a privileged grade throughout decades. Many of these resources have been discovered recently. So, there would be a long-term productive perspective for Iran’s future mining.

Romak Trading Company

Such a rich source has enabled us, as Romak Trading Company, to supply and export high-grade minerals to far destinations all over the world. Romak is a leading Mineral supplier/exporter in Iran, offering high purity Limestone and Dolomite in raw and calcined types, as well as Gypsum from natural and rich deposits.