Iran Discovers Iron Ore, Coal Reserves

- March 4th, 2015

Hellenic Shipping News reported that two large iron ore and coal reserves were discovered in Iran in the first half of current Iranian calendar year.

Hellenic Shipping News reported that two large iron ore and coal reserves were discovered in Iran in the first half of current Iranian calendar year.

As quoted in the market news:

[Deputy Minister of Industry, Mines and Trade Mehdi Karbasian], who is also, chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) underscored that a 200-million tons and 120 million tons of iron ore and coal reserves respectively have been discovered in Sangan mine in the eastern province of Khorasan Razavi.

Click here for the full Hellenic Shipping News report

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