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{"id":10975,"date":"2020-02-01T19:29:10","date_gmt":"2020-02-01T15:59:10","guid":{"rendered":"http:\/\/iranthisway.com\/?p=10975"},"modified":"2020-02-04T11:28:09","modified_gmt":"2020-02-04T07:58:09","slug":"iran-producing-rare-earth","status":"publish","type":"post","link":"https:\/\/iranthisway.com\/2020\/02\/01\/iran-producing-rare-earth\/","title":{"rendered":"Iran begins producing rare earth"},"content":{"rendered":"\n
Iran has launched a pilot project for extraction of rare earth after obtaining the technology for deep-level mining, the head of Iran\u2019s largest holding in metals sector known as IMIDRO says. <\/p>\n\n\n\n
The achievement will create significant added value for Iran, Khodadad Gharibpour said at the inauguration of the landmark project on Tuesday.<\/p>\n\n\n\n
Every year, Iran imports 180 tonnes of rare earth elements which are used in a wide range of consumer products such as catalysts in cars and oil refineries, televisions, superconductors and fiber optics. <\/p>\n\n\n\n
Gharibpour was thankful to Ministry of Industry, Mine and Trade’s support for technology and research, saying Iran was able to obtain the know-how for extraction of these elements which require deep-level mining and are costly to process. <\/p>\n\n\n\n
\u201cThe price of each kilo of these elements is between $5 and $60, the production of which can bring in a lot of hard currency,\u201d he said. <\/p>\n\n\n\n
Deputy head of the Atomic Energy Organization of Iran Pejman Rahimian said the launch of the pilot plan for extraction of rare earth elements was a “big event”.<\/p>\n\n\n\n
The Islamic Republic, he said, has accommodated “the best facilities, exploration equipment and investment” which will be provided to those active in the field. <\/p>\n\n\n\n
“Rare earth elements are of particular importance and they are also important in the nuclear industry,” he said. <\/p>\n\n\n\n
Iran, Rahimian said, had found a rare earth deposit in Saghand which is already known for its uranium mine in the central province of Yazd. <\/p>\n\n\n\n
“If the processing plant is set up in this mine, good resources will be provided to the country,” he said. <\/p>\n\n\n\n