Holding more than 7% of the world's total mineral reserve, nearly 30 percent of Iran's investment budget has been allocated to mining field. In 2008, around half of the stock market's capitalization was in mineral industries. With 58% profit margin, mining had the highest rate among the top 100 Iranian companies. In 2009-2010 mining exports reached $8.13 billion which covered 32% of Iran's non-oil exports.
According to the U.S. Geology Survey, Iran was the 8th largest producer of iron ore in 2009, with output of 33 million tons. Gol Gohar Iron Ore Company is the biggest iron ore producer in the Middle East, operating near the southern city of Sirjan where its pellet plant is located, using iron ore concentrates from the Gol-e-Gohar mine.
Iran with over 220 million tons of zinc and lead ore proven reserves has nearly 5% of the world's metal constituent. Two of the richest zinc and lead ore mines in Iran are Mahdi-Abad with 75 million tons of ore with a zinc concentration of 6% and a lead concentration of 2.7%, and Angouran mine, which has 16 million tons of ore with a zinc concentration of 26% and a lead concentration of 6%.
32.5 million tons of copper reserves made Iran the 9th largest in the world as of 2009, beside rankings as 10th in copper production and 17th in copper cathodes production as of 2010. The copper extracted from Sar Cheshmeh mines in Kerman province, with 99.99% purity, is of highest quality and consists 5% of the world's total. National Iranian Copper Industries Company (NICICO), one of the largest companies listed on Tehran Stock Exchange, was the largest non-oil exporter in Iran in 2010 with exports worth $1.3 billion.
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