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Iran’s iron ore output up by 7%

Business Materials 7 February 2017 19:44 (UTC +04:00)

Baku, Azerbaijan, Feb. 7

By Fatih Karimov – Trend:

Iran’s major state-run iron ore companies have produced about 21.743 million tons of iron ore concentrate during the first 10 months of current Iranian fiscal year (March 20-Jan. 20, 2016).

The figure indicates a 2-percent increase compared to the same period of the previous year, the Islamic Republic’s Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported Feb. 7.

Gol Gohar Iron Ore Co. ranked first producing 8.659 million tons of iron ore concentrate followed by Chadormalou with 7.288 million tons of production.

Markazi (3.069 million tons), Middle East Mines Industries Development Holding Company (1.986 million tons) and Sangan (738,937 tons) were other leading state-run iron ore concentrate producers.

The Iranian major state-run companies also produced over 27.74 million tons of iron ore during the 10-month period, 7 percent more year-on-year.

Over 10.23 million tons of iron ore was produced by Gol Gohar Iron Ore Co, followed by Chadormalou (7.959 million tons), Markazi (4.9 million tons), Sangan (3 million tons), Jalalabad (634,500 tons), Iranian Central Plateau Iron Ore Mines Complex (583,280 tons) and Mishdavan (418,193 tons).

The aforementioned companies produced 6.101 million tons of iron ore granule in total during the first 10 months of the current fiscal year as well.

The report does not include the volume of iron ore produced by private sector companies, which in total produce 14 million tons of iron ore annually.

Iran’s iron ore reserve stands at 5.1 billion tons, of which 2.8 billion tons are proven.

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