Belgian firm to invest in launch of graphite electrode production unit in Iran

Oil&Gas Materials 15 November 2013 15:44 (UTC +04:00)

Baku, Azerbaijan, Nov. 15

By Fatih Karimov - Trend:

A Belgian company has agreed to cooperate with the Iranian Mines and Mining Industries Development and Renovation Organisation in launching a graphite electrode production unit in Iran, the Mehr News Agency reported.

The project had been shelved for about seven years. The plant is planned to produce 30,000 tons of the product per year.

The Belgian side announced it is ready to inaugurate the first phase of the project within seven months.

Graphite electrodes are used in high voltage power transmission to arc furnaces in order to melt metals. Currently, the product is being imported.