In an Ina report launched on Wednesday, the National Iranian Copper Industry Company (NICICO) introduced the invention of an enormous copper deposit on the Sungun mine in northwestern Iran, on account of a sequence of “glowing exploration actions” within the area. did.
The report states that Iran’s Ministry of Industry, Mines and Trade issued the certificates on December 28, and that Sungun’s copper reserves amounted to 2.49 billion tons (tons), of which 1.15 billion tons have been confirmed reserves. , stated the typical purity was 0.53%. According to Press TV, the molybdenum content material is 125 grams per tonne.
Based on earlier estimates, Iran’s largest copper mine in Sarchesmeh, positioned within the nation’s southeast, holds 1.2 billion tonnes of copper ore with a purity of 0.7%, making it one of many world’s largest mines. .
The regional company of the Ministry of Industry, Mines and Trade in East Azerbaijan province, the place NICICO and Sungun are positioned, has not but introduced plans to develop and extract new sources for the mine.
Since coming beneath US sanctions in 2018, Iran has elevated funding in mining and metals tasks in an effort to diversify its financial system from oil revenues and create extra jobs for the nation’s youth.
This comes after authorities statistics launched lately level to a gradual improve in metallic and mineral exports from Iran.
MNA