69720
Iron Ore Output Capacity to Rise to 100m Tons/Year
Iron Ore Output Capacity to Rise to 100m Tons/Year

Iron Ore Output Capacity to Rise to 100m Tons/Year

Iron Ore Output Capacity to Rise to 100m Tons/Year

Iran’s crude iron ore production capacity will be raised to 100 million tons/year from 75 million tons/year by the end of the current Iranian year (March 20, 2018), state mines and metal holding company IMIDRO quoted the minister of industries, mining and trade as saying.
Mohammad Reza Nematzadeh was speaking last week at the inauguration of a 5-million-ton/year pellet-making plant that belongs to Mobarakeh Steel Company and is the first such plant at the Sangan iron ore reserve, the biggest Iranian reserve in the northeast, S&P Global PLatts reported.
“The country’s iron ore pellet-making capacity is 31 million tons/year now, but this capacity will be increased to 45 million tons/year [by] the end of the current Iranian year,” he said.
The current capacity for concentrated iron ore of 46.5 million tons was planned to be increased to 55 million tons/year and DRI production capacity was slated to reach 34.5 million tons/year from 30 million tons/year now, he added.
Nematzadeh said 22.5 million tons/year of iron ore concentrates and 17.5 million tons/year of pellets are planned to be produced from the Sangan deposits but, because of water shortage in this area, there is no plan to start steel production.

Short URL : https://goo.gl/v8nw3y
  1. https://goo.gl/RGdhmY
  • https://goo.gl/6fUv6n
  • https://goo.gl/HQTTVZ
  • https://goo.gl/276hSr
  • https://goo.gl/7NoFzF

You can also read ...

Fresh Forex, Gold Coin Rally in Tehran Market
After a period of calm, the US dollar is once again surging in...
SpaceX founder Elon Musk says block 5 boosters should be able to fly 50 to 60 times with minimal refurbishment between flights.
Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket...
Guidance Forum for Startups
The local accelerator Novintech is set to hold a Q&A...
Iran-Europe Business Center Hosts Talks in Berlin to Foster Tech Ties
A meeting has been held between Iranian and European startups...
Iran, Iraqi Kurdistan to Set Up  Industrial Town Along Border
The construction of an industrial city will soon start near...
Seafood Exports Earn $50m in 2 Months
About 16,000 tons of seafood worth close to $50 million were...
Isfahan Airport to Increase Plane Parking Capacity
Isfahan International Airport’s parking project has started...
About 1.34 billion shares valued at $170.66 million changed hands at TSE on July 22.
Tehran Stock Exchange’s main index gained 535.28 points or 0....

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus