Mining

Iran mineral production in 8 months up by 11pct

Iran mineral production in 8 months up by 11pct
Mining News Agency- Major Iranian mining companies produced 228.32 million tonnes of different mineral products during the first eight months of the current fiscal year, registering an 11% growth compared with last year’s corresponding period. Iranian Mines and Mining Industries Development and Renovation Organization’s latest report showed that production in Aban, the eighth month of the Iranian year ending Nov. 21, indicates a 21.64% year on year rise to 29.87 million tons.
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Mining News - Iran is home to 68 types of minerals with over 37 billion tonnes of proven and 57 billion tonnes of potential reserves, including large deposits of coal, iron ore, copper, lead, zinc, chromium, uranium and gold.

Iron ore concentrate had the biggest share in Iran’s mineral production during the period under review with 24.86 million tonnes, registering an 18% growth YOY.

Gologhar Mining and Industrial Complex accounted for 9.19 million tonnes of the total output, followed by Chadormalu Mining and Industrial Complex with 5.60 million tonnes, Iran Central Iron Ore Company with 3.28 million tonnes, Goharzamin Iron Ore Company with 2.66 million tonnes, Middle East Mines and Mining Industries Development Holding Company with 2.49 million tonnes, Opal Parsian Sangan with 1.43 million tonnes and Sangan Iron Ore Complex with 190,940 tonnes.

Production of granulated iron stood at 3.95 million tonnes, down 2% YOY. Sangan Iron Ore Complex was the biggest producer with 1.23 million tonnes, followed by Iran Central Iron Ore Company with 1.05 million tonnes, Jalal Abad Iron Ore Company with 605,681 tonnes, Iran Central Plateau Iron Ore Company with 619,842 tonne, Chadormalu Mining and Industrial Complex with 245,505 tons and Mishdavan Iron Ore Company with 199,879 tonnes.

Pellet had the second largest share with a total output of 20.8 million tonnes, up 26% YOY. Golgohar was the largest producer with 7.17 million tonnes, followed by Mobarakeh Steel Company with 5.08 million tonnes, Khouzestan Steel Company with 4.29 million tonnes, Chadormalu with 2.23 million tonnes and MIDHCO with 2.03 million tonnes.

Direct-reduced iron came next with the production of 12.65 million tonnes, up 14% YOY. Mobarakeh had the lion’s share with 4.95 million tonnes, followed by KSC with 2.76 million tonnes, Hormozgan Steel Company with 1.03 million tonnes, South Kaveh Steel Company with 977,690 tonnes, Saba Steel Complex with 715,300 tonnes, Khorasan Steel Company with 768,588 tons, Ghadir Iron and Steel Company with 570,697 tonnes, MIDHCO with 541,035 tons, Sefiddasht Steel Complex with 242,636 tonnes and Esfahan Steel Company with 93,840 tonnes.


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