59430
Rise in Coal Extraction, Concentrate Output
Rise in Coal Extraction, Concentrate Output

Rise in Coal Extraction, Concentrate Output

Rise in Coal Extraction, Concentrate Output

Iran’s two major coal producers extracted 1.32 million tons of coal and produced 482,150 tons of coal concentrate during the 10 months to January 19, registering a 15% and 23% growth in extraction and production respectively compared with last year’s corresponding period. Tabas Parvadeh Coal Company accounted for 1.16 million tons of the extraction figure and 398,895 tons of the concentrate output. This is while Central Alborz Coal Company extracted 153,587 tons and produced 83,255 tons of concentrate, Iranian Mines and Mining Industries Development and Renovation Organization reported. The two companies are subsidiaries of Iranian Mines and Mining Industries Development and Renovation Organization—Iran’s largest state-owned mineral holding company. The 20-Year Vision Plan stipulates the production of 55 million tons of crude steel per year, which means blast furnace steel production capacity needs to increase to 6 million tons from the current 3.5 million tons. This calls for the annual production of 3.2 million tons of coking coal and 4.5 million tons of coal concentrate. Stressing the need for further development of coal industry, experts believe Iran’s coal concentrate output currently falls short of the target by more than 3 million tons.

Short URL : https://goo.gl/S6CJSS
  1. https://goo.gl/eNia0K
  • https://goo.gl/S5XKJF
  • https://goo.gl/mahUzY
  • https://goo.gl/Md2ezD
  • https://goo.gl/RGAIQ3

You can also read ...

Iran Welcomes Cryptocurrencies
Iran’s High Council of Cyberspace, one of the main entities...
Gold Rally Cools, Not Its Bubble
 After gold coin’s continued rally in the past month, which...
Iran the ‘Most Dynamic’ Asian Nation in ICT Sector
The latest data on ICT development from International...
S. Korea Shifting Iran Focus From Trade to Investment
The South Korean ambassador to Iran said Seoul is shifting...
Tehran Hosts Int’l Home Appliances Expo
Tehran is hosting the 17th International Exhibition of Home...
Greenhouse Cultivation Up 38%
The area under greenhouse cultivation in Iran presently spans...
Iran-Russia Seesaw Trade Yet to Reach Full Potential
Iran exported 298,204 tons of non-oil commodities worth $143....
TEDPIX Ends Trading Week 1.5% Higher, IFX Up 2%
Tehran Stock Exchange’s main index TEDPIX gained 1,333...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus