Iran's Mines Could Bring in Even More Cash Than Crude

Updated on
  • Metals discovered from exploration worth about $700 billion
  • Copper, steel, lead and cement among Iran's mining resources

Iran, OPEC’s fifth-largest crude producer, has potential to generate more revenue from mining than it does from crude if the government puts more focus on developing the metals sector, according to Mojtaba Khosrowtaj, first deputy minister in charge of trade at Iran’s Ministry of Industry, Mine and Trade.

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