Two iron ore processing units, namely Sangan Iron Ore Concentrate Plant and Sanabad Pellet Plant both located in city of Sangan in Khaf County of northeastern Khorasan Razavi Province, were inaugurated on Thursday, by President Hassan Rouhani via videoconferencing.
The first phase of Sangan Mineral and Industrial Company’s Sangan Concentrate Plant has a capacity of producing 5 million tons of iron ore concentrates per year. The plant has created 500 direct jobs.
Managing director of Sangan Mineral and Industrial Company, also known as SIMIDCO, Ali Emraei, also told ILNA that 38 trillion rials ($212.29 million) have been invested in this project.
Add new comment