Golgohar Sales Value Up 90%

EghtesadOnline: Golgohar Mining and Industrial Complex produced 13.66 million tons of iron ore concentrate and pellets during the first seven months of the current fiscal year (March 21-Oct. 22), indicating a 7.34% rise in output year-on-year.

News ID: ۷۸۰۱۹۴

31 October 2017

The mining company sold over 8.78 million tons valued at 25.58 trillion rials ($639.5 million) during the same period, up 26.86% and 90.15% in sales volume and value respectively YOY, according to the latest data published by the company on Codal.ir. GEG, located in southern Iran about 50 km from Sirjan in southwest Kerman Province, operates mines containing six ore bodies spread over 40 square kilometers. The total deposits of iron ore in the region are estimated to be over 1.135 billion tons. The major ore body has a deposit of more than 650 million tons, according to the company’s website. The mines are connected to the Trans-Iranian Railroad through the Tehran-Bandar Abbas line, Financial Tribune reported.