Iran's economy ripe for mining

Last Modified: Sun Jan 15 2017 09:56:36 GMT+0530 (India Standard Time)
  • $29 billion
    of mining projects opened to foreign investors by Iran once it re-entered the global economy early last year.
  • $2 billion
    Since then, direct foreign investment approved by Tehran for 29 industrial and mining projects.
  • $700 billion
    According to official estimated figures, amount that Iran stands to make off its vast deposits of minerals such as copper, iron ore, zinc, lead and heavy rare earth elements.
  • 3,000
    Currently, the number of active mines in the, mostly privately owned.