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Iron ore concentrate production by major Iranian companies increases

Business Materials 22 August 2021 16:58 (UTC +04:00)

BAKU, Azerbaijan, Aug. 22

By Elnur Baghishov – Trend:

The iron ore concentrate production of ten major Iranian companies increased by 6 percent during the first four months of the current Iranian year (from March 21 through July 22, 2021) compared to the same period last Iranian year, Trend reports citing Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Over the 4 months, these companies produced 17 million tons of iron ore concentrate. This figure was 16 million tons in the same period last Iranian year, according to the report.

"So, the Golgohar Mining and Industrial Company produced 5.8 million tons of iron ore concentrate, Chadormalu Mining and Industrial Company – 4.12 million tons, Middle East Mines Industries Development Holding Company (MIDHCO) – 2 million tons, Gohar Zamin Iron Ore Company – 1.53 million tons, Central Iron Ore Company of Iran – 1.29 million tons," the report said.

In addition, Sanabad Inclusive Development Industrial and Mining Company produced 669,000 tons of iron ore concentrate, Opal Parsian Sangan Industrial and Mining Company – 659,000, Sabanour Mining and Industrial Development Company – 428,000 tons, Jalalabad Iron Ore Complex – 175,000 tons, and Sangan Mining Industries Company – 278,000 tons within the mentioned period.

According to the report, at the same time, these companies transported 5.36 million tons of iron ore concentrate to the relevant manufacturing companies in the 4 months. This is a decrease of 10 percent compared to the same period last Iranian year. So, this figure amounted to 5.95 million tons in the same period last Iranian year.

“The iron ore concentrate production of these companies amounted to 3.45 million tons in the 4th month of the current Iranian year (June 22 through July 22, 2021), which is a decrease of 19 percent compared to the same month last Iranian year. While in the same month last Iranian year, 4.13 million tons of iron ore concentrate were produced,” the report said.

Furthermore, the 10 companies produced 378,000 tons of iron ore pellets within the four months. This is a 6-percent decrease compared to the same period last Iranian year. Thus, 403,000 tons of iron ore pellets were produced in the same period last Iranian year, according to the report.

These companies transported 935,000 tons of iron ore concentrate to the relevant manufacturing companies in the 4 months, which is an increase of 44 percent compared to the same period last Iranian year. So, this figure amounted to 648,000 tons in the same period last Iranian year.

While in the fourth month of the current Iranian year, iron ore pellets production of the mentioned companies amounted to 147,000 tons. This is an increase of 24 percent compared to the same period last Iranian year. This figure was 119,000 tons in the same period last Iranian year.

Also, the 10 companies transported 243,000 tons of iron ore pellets to the relevant manufacturing companies in the 4th months, which is an increase of 24 percent compared to the same month last Iranian year. So, this figure amounted to 195,000 tons in the same period last Iranian year.

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