WorldPosted at: May 14 2025 6:22PM


Iran set to invest $5 bn into Afghanistan’s iron ore sector to expand steel industry

Tehran / Kabul, May 14 (UNI) Iran is set to invest over 5 billion dollars into Afghanistan’s iron ore sector, eyeing the country’s rich mineral reserves as a catalyst for regional power and economic integration.
Tehran’s Ambassador to Kabul, Alireza Bikdeli, called Afghanistan’s vast pool of mineral reserves a “strategic opportunity” to strengthen ties between the two neighbours.
The deal is a key part of Iran’s broader push to expand its steel industry—an effort that could lift its global ranking in steel production, according to Iran’s state-run Fars News Agency, as reported by Khaama Press.
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