IMIDRO: Investments worth $4.5B to be made in 31 projects

Business Materials 21 December 2019 17:13 (UTC +04:00)

BAKU, Azerbaijan, Dec. 21

By Elnur Baghishov - Trend:

The investments worth $4.5 billion will be made in 31 projects related to the mining industry this Iranian year (beginning on March 21, 2019), Trend reports referring to the report of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

In accordance with the report, 31,600 people will be employed within the project.



Production (per year)


Job places

South Aluminum Corp (Salco)

Aluminium bullion, slab and billet

300,000 tons

$1.3 billion

7,500 people

Jajarm Steel Plant

Aluminium bullion

40,000 tons

$131 million

2,400 people

Baft Steel Company

Sponge iron

800,000 tons

$134 million

1,030 people

Sefid Dasht Steel Company

Copper slab

800,000 tons

$180 million

3,700 people

Qainat steel plant

Sponge iron

800,000 tons

$119 million

1,300 people

Zarand steel smelting plant

Steel bullion

1.7 million tons

$760 million

49,500 people

Mobarakeh Steel Concentrate Plant

Iron concentrate

5 million tons

$265 million

4,000 people

Gol-Gohar Steel Smelting Plant (Jahan Foolad )


1.2 million ton

$230 million

3,000 people

Gol-Gohar Steel Smelting Plant

Sponge iron

2 million tons

$116 million

1,000 people

Gohar Zamin Iron Ore Plant

Copper pellet

5 million tons

$106 million

2,500 people

Sangan plant

Copper pellet

2.5 million tons

$190 million

700 people

Khatunabad plant

Copper anode

120,000 tons

$142 million

70 people

Sulfuric Acid Plant

Sulfuric acid

600,000 tons

$105 million

1,000 people

Moreover, it is planned to implement the mining, industrial projects this Iranian year.