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Iranian zinc producer gears up to hit global markets

Business Materials 22 April 2018 17:35 (UTC +04:00)

Tehran, Iran, April 22

By Kamyar Eghbalnejad – Trend:

Calcimin Company, an Iranian large-scale zinc producer, plans to export about 26,000 tons of zinc over the current fiscal year which started on March 21.

Amir Rahimi, the head of the company, has told a press conference in Tehran on Sunday that the company’s output of zinc over the current year would hit 37,000 tons.

Saying that the company plans to export 70 percent of its output over the current year, he added that Calcimin’s output in the fiscal 2016/2017 stood at 33,000 tons.

Turkey, the UAE, South Korea, Italy, China and India are among the main markets of the company’s zinc.

He further said that the company plans to utilize a mine in Turkey’s Asarcık.

The latest official statistics indicate that export of Iran’s minerals and mineral industry products has increased in terms of value. However, the volume of the exports of the products has dropped.

Exports of the products amounted to $8.396 billion over the first 11 months of the last fiscal year (March 20-Feb.20), six percent up year on year.

In volume terms, the exports of minerals fell by 3 percent to 58.1 million tons in the 11-month period.

The exports included cement, ceramic and tiles, steel and iron products, all types of stones, copper, coal and coke as well as chromium, mica, nickel, precious metals, and aluminum, Molybdenum, titanium, lead and zinc production chain products.

Iran’s daily output of minerals stands at 1.2 million tons and the country’s proven mineral reserves stand at 37 billion tons.

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