69911
2 Iron Ore Processing Plants in the Pipeline
2 Iron Ore Processing Plants in the Pipeline

2 Iron Ore Processing Plants in the Pipeline

2 Iron Ore Processing Plants in the Pipeline

Two new iron ore processing plants are scheduled to come on stream in Sangan mineral zone in the next two months, says manager of Sangan Iron Ore Complex, Morteza Hashempour. The first is a 5-million-ton pellet-making plant under construction by Opal Parsian Sangan Mineral and Industrial Company, which will be completed by October. National Industries and Mining Development Company is the investor of the next project, a 5-million-ton iron ore concentrate plan slated to open in late September. Known as “Iran’s Mineral Heaven” and located in Khorasan Razavi Province, Sangan is home to over 1.2 billion tons of estimated iron ore reserves and expected to expand even more through further explorations. Iran’s flagship flat steel producer Mobarakeh Steel Company inaugurated a 5-million-ton per year pellet-making plant in the region last week with an investment of 10 trillion rials ($263.15 million).

Short URL : https://goo.gl/nmoEHc
  1. https://goo.gl/S4KwfH
  • https://goo.gl/P5516m
  • https://goo.gl/cwMfJg
  • https://goo.gl/GtgeSZ
  • https://goo.gl/kQtcYs

You can also read ...

Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
Several Swiss newspapers on Sunday reported that Swiss firms...
EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
With new moderated prices for services offered at Chabahar’s...
German Companies Cannot Be  “Totally Shielded” From US Iran Move
The German government will help German firms with business in...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Startup  Studio Launched
The University of Tehran and the Noor Credit Institution have...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Google Stands to Lose Up to $4.3b in UK Privacy Suit
Google appeared in a UK court on Monday to argue against a...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus