Economy, Business And Markets

Ferrochrome Plant Opens in Kerman Province

Ferrochrome Plant Opens in Kerman ProvinceFerrochrome Plant Opens in Kerman Province

A ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday. 
Launched in the fiscal 2014-15, the project was established using Chinese investment amounting to 4.2 trillion rials ($100 million). 
The plant is set to produce ferrochrome with a 60% content, making it the Middle East’s top and the world’s 20th in terms of product purity, IRNA reported. 
Ferrochrome, also called ferrochromium, is a type of ferroalloy, that is, an alloy between chromium and iron. 


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