KTFA
The observatory said in a statement that “Iraq’s environment is rich in natural resources that are no less important than oil, most notably silica sands,” indicating that “initial explorations indicate that Anbar province contains about 600 million discovered tons and more than one billion tons of reserves with a purity of up to 98%.”
The observatory added, “In the Najaf Governorate, there are quantities estimated at about 330 million tons of sand suitable for glassmaking, and about 577.5 million tons for colored glassmaking, bringing the total to about 907.5 million tons of silica sand explored with a purity of nearly 95%,” noting that “the price of one ton of silica sand ranges between 100 and 150 dollars, which makes investing in these resources capable of supplying the general budget with billions of dollars, in addition to providing more than 10,000 job opportunities in the two governorates.”
The observatory criticized the “weak procedures for investing in these raw materials despite the presence of Iraqi competencies capable of managing them,” stressing “the need to amend the Mineral Investment Law No. 91 of 1988, as amended, in order to provide greater opportunities for discovering and investing in the country’s natural resources.”
He confirmed that “investing in these sands will provide more than 10,000 job opportunities.”
Silica sand is used in the manufacture of glass, silicone products, and building materials. It is also used in electronic devices, solar cells, and filtration processes.
Global consumption of silica sand reached approximately 479 million tons during 2024, with a value ranging between approximately $14 billion and $72 billion depending on the quality of the sand and the market price. (LINK)
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The Iraqi government: The country’s interest requires strengthening its relations with major powers, including the United States.
10/31/2025 Baghdad –
Government spokesman Bassem Al-Awadi confirmed that the American side has praised Iraq’s stability and support for its sovereignty in more than one statement and occasion, noting that it is in the country’s interest to strengthen its relations with major countries, including the United States.
Al-Awadi said in a televised interview, which was followed by ( ), that “the statement of the new US envoy to Iraq, Savannah, is his first official statement after taking over the Iraqi file within the White House, and it was necessary for him to express his vision and impression towards Iraq, as he has become the direct person responsible for this file in the US administration.”
He added that “the Iraqi file needs a deep understanding and careful handling of its details, due to its political, economic and security entanglement. Envoy Savanna expressed a positive view towards Iraq and its government, which reflects a growing understanding within the American administration of the nature of the Iraqi scene.”
Al-Awadi explained that “there are repeated praises from senior American officials for the Iraqi government, including the US Secretary of State and the Under Secretary of Energy who signed the contract with Excelerate for the floating oil and gas platforms project in Iraq,” stressing that “these positive positions came as a result of accumulated work and continuous governmental effort during the past three years to consolidate the independence of national decision-making and enhance balance in foreign policy.”
He pointed out that “preserving national sovereignty and strengthening foreign relations is achieved through one balance, which is the Iraqi national interest,” explaining that “the government’s decisions are based on this, far from emotions or inclinations, and that the Prime Minister exercises his constitutional powers in formulating Iraq’s foreign policy in a way that ensures the achievement of economic, security, investment and cultural gains for the country.”
Source: Dinar Recaps
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