Iron Ore Concentrate Output Tops 16m Tons During March 20-July 21

EghtesadOnline: A total of 16.04 million tons of iron ore concentrates were produced in Iran during the four months ending July 21 to register a 1% rise compared with the corresponding period of last fiscal year.

News ID: ۷۵۰۶۷۰

11 August 2020

Latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show Golgohar Mining and Industrial Complex accounted for 5.23 million tons of the total output (down 5% YOY).

It was followed by Chadormalu Mining and Industrial Complex with 3.61 million tons (up 6% YOY), Middle East Mines and Mining Industries Development Holding Company with 2.3 million tons (up 34% YOY), Goharzamin Iron Ore Company with 1.39 million tons (down 4% YOY), Iran Central Iron Ore Company with 1.35 million tons (down 21% YOY), National Development Industrial and Mineral Company with 836,292 tons (up 23% YOY), Opal Parsian Sangan with 684,775 tons (down 30% YOY), Sabanour Mining and Industrial Development Company with 439,879 tons (up 59% YOY) and Jalalabad Iron Ore Complex with 168,767 tons (down 2% YOY).

Iranian steel mills produced a total of 4.13 million tons of iron ore concentrate during the fourth fiscal month (May 21-July 21) to witness a 12% rise compared with the corresponding month of last year.

Concentrate production capacity is estimated to hit 68.5 million tons, while the actual production would reach 58.1 million tons, realizing 85% of the capacity by March 20, 2021.

Sangan Iron Ore Concentrate Plant located in the city of Sangan in Khaf County of northeastern Khorasan Razavi Province, was inaugurated on June 11, by President Hassan Rouhani via videoconferencing.

The first phase of Sangan Mineral and Industrial Company’s Sangan Concentrate Plant has a production capacity of 5 million tons of iron ore concentrates per year. The plant has created 500 direct jobs.

As the managing director of Sangan Mineral and Industrial Company, known as Simidco, Ali Emraei told ILNA that 38 trillion rials ($192 million) have been invested in this project.

An IMIDRO report on the development of under-construction iron ore concentrate production units shows that a total of 23.15 million tons/year are 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 2023-24.

The report, giving details of the units and their physical progress as of Nov. 21, 2019, shows Sangan Steel Mining Industries Company located in Khaf County of Khorasan Razavi Province will have a 5-million-ton/year of production capacity upon completion. It is expected to become operational by the end of the current Iranian year (March 2021).

Kaveh Pars Steel Company, also located in Khaf, will become operational in the fiscal 2021-22. It will have a production capacity of 2.5 million tons/year upon completion.

Pasargad Steel Complex will have a production capacity of 2.5 million tons/year. Located in Shiraz, capital of Fars Province, the project is expected to be launched by March 2021.

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

Also coming on stream during the fiscal 2022-23, Sharq Mineral Supply & Production Company in Khaf will have a production 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 is expected to be inaugurated in the fiscal 2023-24, during which the third phase of Gohar Zamin Iron Ore unit located in Baft, Kerman Province, will also be completed. The latter project will have a production capacity of 4 million tons/year.