Min­er­als, min­ing ex­ports at $7.2b in 9 months

Tehran Times - - ECONOMY -

TEHRAN — The value of Iran’s min­er­als and min­ing ex­ports stood at $7.2 bil­lion dur­ing the first nine months of the cur­rent Ira­nian cal­en­dar year (March 21-De­cem­ber 22, 2018), show­ing a one-per­cent growth from the fig­ure of the same pe­riod of time in the past year.

In terms of weight, the ex­ports from this sec­tor fell 10 per­cent to 44.721 mil­lion tons, IRNA re­ported on Satur­day cit­ing the data re­leased by the Is­lamic Repub­lic of Iran Cus­toms Ad­min­is­tra­tion (IRICA).

The worth of Iran’s min­er­als and min­ing ex­ports stood at $9 bil­lion in the past Ira­nian cal­en­dar year (ended on March 20, 2018), ac­cord­ing to the head of Ira­nian Mines and Min­ing In­dus­tries De­vel­op­ment and Ren­o­va­tion Or­ga­ni­za­tion (IMIDRO).

Mean­while, based on the lat­est data re­leased by IMIDRO, do­mes­tic min­ing com­pa­nies have in­jected 50 per­cent of their rev­enues to the Forex Man­age­ment In­te­grated Sys­tem, lo­cally known as NIMA, since the be­gin­ning of the present Ira­nian year 1397 (March 21, 2018) to De­cem­ber 31, 2018.

The to­tal rev­enues of the min­ing com­pa­nies in the said time stood at

$2.19 bil­lion, the re­port con­firmed,

1.1 bil­lion of which (50.1 per­cent) has been pumped into NIMA.

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