62457
Growth in Coal Extraction, Concentrate Output
Growth in Coal Extraction, Concentrate Output

Iran Registers Growth in Coal Extraction, Concentrate Output

Iran Registers Growth in Coal Extraction, Concentrate Output

Iran’s two major coal companies extracted 1.68 million tons of coal and produced 602,958 tons of coal concentrate in the last fiscal year (March 2016-17), which indicates a 21% and 12.95% growth compared with the year before respectively, Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
Tabas Parvadeh Coal Company extracted 1.5 million tons of coal and produced 501,521 tons of concentrate. Central Alborz Coal Company’s coal extraction and concentrate output stood at 180,563 tons and 101,437 tons respectively.
TPCCO in South Khorasan Province and CACCO in Mazandaran Province are both subsidiaries of IMIDRO.
South Khorasan Province’s Tabas region is home to about 55-76% of Iran’s coal reserves, with estimated proven coal reserves of 2.5 billion tons.
The coal sector plays a crucial role in the steel production chain, as it is the primary feedstock required for running steel mills.
Iran aims to become the world’s sixth largest steel producer by 2025, as per the so-called 20-Year Vision Plan. The plan stipulates the production of 55 million tons of crude steel per year, which in turn requires the annual manufacture of 3.2 million tons of coking coal and 4.5 million tons of coal concentrate.

Short URL : https://goo.gl/uzF5AY
  1. https://goo.gl/SoKRi0
  • https://goo.gl/erpgbr
  • https://goo.gl/UBCY0L
  • https://goo.gl/CkftMx
  • https://goo.gl/MIS1n1

You can also read ...

Bankers Voice Support for Rouhani’s Agenda
Chief executives of state-run banks have pledged their support...
EGFI, Slovakia’s EXIM Bank Sign Agreement
The CEO of Export Guarantee Fund of Iran, Kamal Seyed Ali, and ...
Giovanni Tramparulo (R) and Iran Air CEO Farhad Parvaresh 
Banking hurdles have not hindered the agreements for the sale of...
$5.3 Billion in Loans to Support SMEs
The government plans to allocate 200 trillion rials ($5.3...
Tehran-Vienna Trade Up 42.7%
Trade between Iran and Austria stood at more than €377 million...
Shrimp Production, Export to Increase
 Shrimp production is estimated to increase by 43% to reach more...
German Group Discusses Hurdles to Iran Trade
As Tehran is hosting the second edition of Germany’s specialized...
Iran Non-Oil Export Profile 2016-2017
The latest data released by Iran Customs Administration and...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus