Iron ore pellet export hits $454 mn in 6 months
| 03/December/2018 | 24:54
Production by the Gol-e-Gohar Iron Ore Mine, located 55 kilometers from the south-central city of Sirjan, increased by 15% to reach seven million tons as that of the Middle East Mines Industries Development Holding Company (MIDHCO group) grew by 60% to hit 2.83 million during the period under review, IRNA reported.
Iron ore pellets are spheres of typically 6–16 mm to be used as raw material for blast furnaces. They typically contain 64%-72% Fe and various additional material adjusting the chemical composition and the metallurgic properties of the pellets, according to Financial Tribune.