Sunday, December 17, 2023

It is not available in other countries.. What do you know about Iraq’s sulfur reserves?, 17 DEC

 It is not available in other countries.. What do you know about Iraq’s sulfur reserves?, 17 DEC

The Committee on Economy, Industry and Trade in the House of Representatives revealed that Iraq possesses a strategic reserve of sulfur estimated at 350 million tons.
The committee’s rapporteur, Yasser Al-Husseini, said that Iraq has a strategic reserve of raw materials that are not available in other countries, such as sulfur, phosphate, and silica, and that it is almost the first to have them, noting that these minerals can be benefited from to be the country’s second resource after oil, by investing them in a real way with solid companies specialized in this. The matter, according to the official Al-Sabah newspaper.

He pointed out that government resources must be in purely national hands, and therefore the contracts in the Ministry of Industry and the Border Ports Authority, which are an important resource for the country, must be reviewed, indicating that investment projects were limiting the state’s resources and not enhancing them in a real way.

Al-Husseini stressed that the government must pay attention to the issue of migration from the countryside to the city and pay attention to the agricultural sector by benefiting from every drop of water from the time it enters Iraq until it reaches the root, warning of a demographic change that will cost the government more than the amounts it currently provides to care for the reality of the villages and countryside, explaining Supporting agriculture will cast a shadow over the stability of the local market and reduce imports in hard currency from countries, in addition to reducing unemployment.

Iraq also confirmed last year, 2022, that the sedimentary sulfur reserve in the Mishraq fields south of the city of Mosul (north of the country) is the first in the world and exceeds 400 million tons.

alsumaria.tv

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