Industry minister inaugurates Iran’s largest lead, zinc mineStaff Writer | July 19, 2017
Extraction from Iran’s largest and the world’s second largest lead and zinc reserve began at a ceremony attended by Industry Minister Mohammad Reza Nematzadeh.
Mining The mine is situated 116 kilometers southeast of Yazd
Barite reservoir of the mine amounts to over 10 million tons with specific gravity of 3.6 with, noted the official adding “the complex produces 4,000 tons of barite and 1,200 tons of lead and zinc per year.”
He stated that a contract had been inked with Mobin Trust Consortium under which 185 million tons are expected to be recovered and an 800,000-ton zinc concentrate unit for will be constructed within five years.
Speaking at the opening ceremony, Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said 4.5 million tons of steel had been exported to foreign markets in the previous Iranian calendar year (ended March 20) while the target figure for the current year has been set at seven million tons.
He said 100 mining regions had been introduced to eager domestic and foreign investors for two thirds of which study contracts have been inked. ■