Economy, Business And Markets

Surge in Granulated Iron Output

Surge in Granulated Iron OutputSurge in Granulated Iron Output

Jalal Abad Iron Ore Mine produced 334,793 tons of granulated iron ore during the first four months of the current Iranian year (March 20-July 21), indicating a 134% surge compared to last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported on its website. The mine, in Zarand County in Kerman Province, has over 190 million tons of iron ore reserves. The operator, Jalalabad Iron Ore Complex, is working to launch Iran’s first iron ore beneficiation plant by the end of September. The plant, with an annual capacity of 600,000 tons, is capable of beneficiating 30% grade iron ore to up to 67%, a level desirable for use in the steel industry. Beneficiation is a process whereby gangue minerals are removed from ore to produce a higher grade product.