3% Growth in Iran's Iron Ore Concentrate Output

EghtesadOnline: A total of 39.34 million tons of iron ore concentrates were produced in Iran during the first 10 of the current Iranian year (March 21, 2019-Jan. 20) to register a 3% growth compared with the corresponding period of the year before.

News ID: ۷۴۹۶۷۸

12 February 2020

Production in the 10th month stood at 3.9 million tons up 1% YOY, according to Financial Tribune.

Golgohar Mining and Industrial Complex accounted for 13.38 million tons of the total 10-month output (up 2% YOY), followed by Chadormalu Mining and Industrial Complex with 7.97 million tons (up 6% YOY), Middle East Mines and Mining Industries Development Holding Company with 4.33 million tons (up 3% YOY), Iran Central Iron Ore Company with 3.95 million tons (down 11% YOY), Goharzamin Iron Ore Company with 3.8 million tons (up 4% YOY), Opal Parsian Sangan with 2.56 million tons (up 3% YOY), National Development Industrial and Mineral Company with 1.98 million tons (up 59% YOY), Sabanour Mining and Industrial Development Company with 930,252 tons (down 5% YOY) and Jalalabad Iron Ore Complex with 412,803 tons (down 5% YOY).

The production of iron ore in the form of fines/lumps totaled 3.45 million tons during the 10-month period, going down 39% YOY. Production in the 10th month stood at 189,986 tons to register a 42% decline YOY.

Sabanour Mining and Industrial Development Company accounted for 1.77 million tons of the total output (up 16% YOY), followed by Iranian Central Plateau Iron Ore Mines Complex with 663,564 tons (down 21% YOY), Chadormalu Mining and Industrial Complex with 390,300 tons (up 10% YOY), Iran Central Iron Ore Company with 386,375 tons (down 69% YOY) and Sangan Iron Ore Complex with 247,477 tons (down 85% YOY).

Another report published recently by IMIDRO on the development of under-construction iron ore concentrate production units indicates that a total of 23.15 million tons/year is expected to be added to Iran’s iron ore concentrate production capacity by the time the development of all these units is complete in the fiscal 1402 (March 2023-24).

The report giving details on the units and their physical progress as of Nov. 21, 2019, shows Payset Mine Safir project located in Sangan District in Khaf County of Khorasan Razavi Province will have a production capacity of 0.55 million tons/year upon completion. The development of the unit has made 95% progress and it is expected to become operational by the end of the current Iranian year (March 19, 2020).

Next is Ehya Sepahan Khaf Steel Complex Company located in Khorasan Razavi Province with a production capacity of 0.8 million tons/year. The unit has made 94% progress and it is expected to come on stream by the end of the current fiscal year (March 19).

Jahan Nemove Company, located in Zanjan, the capital of Zanjan Province, will have a capacity of 0.35 million tons/year once operational and has made 85% progress. Similar to the abovementioned units, it is also expected to be launched by the fiscal yearend.

Amir Sangan Parsian in Khaf County of Khorasan Razavi Province will have a capacity of 0.55 million tons/year upon completion. It has made 95% in physical progress and is expected to be inaugurated by the end of the fiscal 2019-20.

Also located in Khaf County of Khorasan Razavi Province, Sangan Steel Mining Industries Company will have a production capacity of 5 million tons per year. The unit’s development progress is at 86% and it is expected to become operational by the end of the next Iranian year (March 2021).

Kaveh Pars Steel Company, also located in Khaf, will become operational in the year 1400 (March 2021-22). It will have a capacity of 2.5 million tons/year and has made 50% progress.

Pasargad Steel Complex has made 70% progress and will have 2.5 million tons/year capacity. Located in Shiraz, capital of Fars Province, the project is expected to be launched next year.

The second phase of Gohar Zamin Iron Ore, located in Sirjan, Kerman Province, has made 16% progress. It will have 2 million tons/year capacity and will come on stream in the fiscal 2022-23.

Also coming on stream during the fiscal 2022-23, Sharq Mineral Supply and Production Company has made 21% progress and will have a capacity of 2.5 million tons upon completion.

The development project of Opal Parsian Sangan in Khaf will have a production capacity of 2.4 million tons/year. It has made 8% progress and will be inaugurated in the year ending 2023-24, during which the third phase of Gohar Zamin Iron Ore unit located in Baft, Kerman Province, will also be complete. This project has made 5% progress and will have a production capacity of 4 million tons/year.