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[size=36]Iraq is first in the world with sulfur reserves[/size]
Economie| 02:39 - 12/04/2022
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Baghdad - Mawazine News
Today, Tuesday, the Ministry of Industry and Minerals revealed that Iraq ranked first in the world in sulfur reserves, while noting that "the sedimentary sulfur reserves in the Mishraq fields amount to more than 400 million tons."
The media center of the Ministry of Industry and Minerals stated, in a statement to the official agency, which was reviewed by Mawazine News, that "the General Company for Sulfur Al-Mishraq affiliated with the Ministry of Industry and Minerals is the only one specialized in extracting and purifying sulfur through the fields located in Nineveh Governorate," noting that "the sulfur reserves The sedimentary deposit in the Al-Mishraq fields is the first in the world and amounts to more than 400 million tons.
He explained, "The sulfur industry started since 1971, and the sulfur produced in the General Company for Al-Mishraq Sulfur played a major role in supporting the national economy through what is exported to neighboring countries, as well as supporting the local fertilizer industry," noting that "after 2003 it stopped The production of sulfur in the company as a result of the events in that period, including the bombing and sabotage acts that affected the company's facilities and led to the complete suspension of work there.
He added, "The company has started preparing a feasibility study for the rehabilitation of the refined sulfur production line, but the costs are exorbitant to implement the rehabilitation process and return production," noting that "the company worked on the early stages of rehabilitating the project through the allocations granted on the investment plan."
He continued, "In 2010, the company, according to the amounts of the allocations, set import priorities and purchased materials, machinery and equipment, as it was able to purchase specialized sulfur wells excavators, and a specialized sulfur filter unit, as well as purchasing a steam boiler unit, water pumps and specialized pipes."
He pointed out, "It was hoped to complete the equipment and rehabilitation of all production lines and the trial operation of the project in 2015, but the entry of terrorist gangs into Nineveh Governorate in 2014 prevented this, as the company was exposed to the theft of most of the materials and equipment and the destruction of the company's infrastructure."
He stressed, "The company started for the second time in 2017, preparing an economic and technical feasibility study and preparing an integrated investment file for the refined sulfur production project in its current reality, but the project was halted."
She explained that "the Prime Minister's office sent in the year 2020 a book that includes directing the Prime Minister to leave the decision regarding the investment of mineral resources to the next government," noting that "the company is awaiting the appropriate decision regarding it."
The company submitted, “proposals for the purpose of resuming production and industry of sulfur, including providing the necessary allocations on the investment plan for the purpose of completing the installation and installation of previously purchased equipment, as well as preparing and rehabilitating the industrial areas of the refined sulfur production line, which cost about 179 billion dinars, in addition to obtaining approvals from the central government to present the project.” As an investment opportunity for investors. finished 29/92
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