News   /   Economy

Iran, Belarus to team up on manufacturing of heavy-duty mining dump trucks

File photo shows a heavy dump truck manufactured by Japanese company Komatsu and used in the Iranian mining sector.

A senior Iranian mining industry official says the country will team up with Belarus for manufacturing of heavy duty mining dump trucks, a project he says is aimed at boosting Iranian mining output by at least 40% per year.

Ali Rostami, who leads the National Iranian Copper Industries Company (NICICO), said on Saturday that Iranian and Belorussian manufacturers of mining machineries are in the final stages of talks to sign a contract for joint manufacturing of heavy duty dump trucks inside Iran.

Rostami said the project had been agreed during a visit by Iranian industries minister Reza Fatemi Amin to Minsk in late July.

He said a total of 500 heavy duty dump trucks will be manufactured in Iran over the next three years under the joint project with Belorussian companies.

NICICO chief said Iranian mining machinery manufacturer HEPCO will be a key part of the joint project, adding that the company will become involved for a first time in manufacturing 136-ton and 240-ton mining dump trucks.

Rostami said Iran has been forced to import such machinery in the past as he insisted that local manufacturing of the heavy dump trucks will lead to an increase in annual production from Iranian mines by at least 40%.

Iran has introduced major programs to boost activity in its mining and metals sector since 2018 when its sales of crude oil came under American sanctions.

Exports of minerals and metals have boost Iran's hard currency revenues while the country has been able to create tens of thousands of new jobs for its youth population in recent years.


Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.ir

SHARE THIS ARTICLE
Press TV News Roku