Iron Ore Pellet Output Rises to 14.8m Tons YOY
EghtesadOnline: A total of 14.79 million tons of iron ore pellets were produced in Iran during the first four months of the current fiscal year (March 20-July 21) to register a 2% rise compared with last year's corresponding period.
Latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show Golgohar was the largest producer with 4.15 million tons (unchanged YOY).
It was followed by Mobarakeh Steel Company with 2.44 million tons (down 2%), MIDHCO with 2.24 million tons, (up 10% YOY), Khouzestan Steel Company with 1.88 million tons (down 13% YOY), Chadormalu with 1.19 tons (down 14% YOY), Opal Parsian Sangan with 954,899 tons (down 22% YOY), Sangan Mineral and Industrial Company with 844,833 tons (up 71% YOY), Khorasan Steel Company with 551,477 tons (up 68% YOY), Mining and Industrial Development Company with 343,992 tons and Sabanour with 164,253 tons (up 13% YOY).
Iran’s pellet production hit 3.55 million tons in the fourth month of the current fiscal year, registering a 4% growth YOY.
Pellet production capacity is expected to reach 66.4 million tons, as actual production is predicted to total 55.3 million tons, realizing 83% of the capacity.
IMIDRO's latest report on under-construction iron ore pellet production units indicates a total of 25.92 million tons are expected to be added to Iran’s iron ore pellet production capacity by the time these units are completed in the fiscal 2023-24.
The first phase of Gohar Zamin unit in Sirjan, Kerman Province, will create 5 million tons/year of production capacity. It is expected to be inaugurated in the current Iranian year (March 2020-21).
Located in Bafq, Yazd Province, Sechahun Pellet Plant will have a 5-million-ton/year of production capacity upon completion. The unit is expected to become operational this year.
Pasargad Steel Complex will add 2.5 million tons/year to the country’s iron ore pellet production capacity. Located in Shiraz, capital of Fars Province, the project is also due to be launched this year.
Roshtkhar Steel Complex, located in Khorasan Razavi Province, is expected to become operational in the fiscal 2022-23. Its production capacity will be at 1.2 million tons/per year.
Kaveh Pars Company, located in Khaf, Khorasan Razavi Province, will have 2.6 million tons/year of production capacity and will come on stream in the fiscal 2023-24.
Also coming on stream during the fiscal 2023-24, Baft Pellet Plant, located in Baft, Kerman Province, will have a capacity of 2.5 million tons/year when completed.
The development project of Sabanour Mining and Industrial Development Company, in Kurdestan Province, will add 0.92 million tons to the total production capacity of the country. It will be inaugurated in the fiscal 2023-24.
Sanabad Pellet 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.
Sanabad Tose'e Faragir Industrial and Mineral Company’s Pellet Plant has a production capacity of 2.5 million tons annually, Mehr News Agency reported.
Developed by National Development Industrial and Mineral Company, 13 trillion rials ($58 million) have been invested in the project that has created 200 direct jobs.