BAKU, Azerbaijan, April 27. Iran’s Chadormalu Mining and Industrial Company in the Yazd Province (central Iran) produced about 12 million tons of iron ore concentrate, over the last Iranian year (March 21, 2021, through March 20, 2022), the director of the company Vahid Khalili said, Trend reports citing IRIB.
According to Khalili, the company produces about 30,000 tons of iron ore concentrate per day.
The director also added that due to the electricity shortage in the country for the last Iranian year, the operation of the company’s steel plant was suspended at certain times, and as a result, annual steel ingots production fell by 150,000 tons.
“Nevertheless, the company produced 1.05 million tons of steel ingots for the last Iranian year, of which 300,000-400,000 tons were exported, and the rest was used domestically,” he said.
Khalili noted that during the first exploration, it was determined that the company has 300 million tons of mineral reserves. At present, only about 50 million tons remain from the mentioned reserves.
The director also pointed out that more than 100 million tons of reserves are expected to be discovered in the near future. Thus, the company's mineral reserves will reach 150 million tons.
Khalili said that the company currently employs 7,000 people.
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