News ID: 195088
Published: 0913 GMT June 19, 2017

Iran produces over 6m tons of iron ore concentrates in two months

Iran produces over 6m tons of iron ore concentrates in two months

Iran produced 6.053 million tons of iron ore concentrates during March 21-May 21 indicating an increase of 43 percent compared to the figure for the same two months last year.

A report by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said that the country produced 4.225 million tons of iron ore concentrates during March 20- May 20, 2016, reported.

Major companies producing iron ore concentrates are: Gol-e Gohar (2014 million tons), Chadormalou (1.65 million tons), Markazi (718,802 tons), Middle East Mines and Minerals (538,633 tons), Gohar Zamin (671,367 tons) and Sangan (333,579 million tons).

Based on IMIDRO report, six major domestic mining companies produced 1.015 million tons of iron ore granules during the said period.

They included Markazi (332,880 tons), Jalal-Abad (225,360 tons), Iranian Central Plateau Iron Ore Mines Complex (170,777 tons), Sangan (153,624 tons), Chadormalou (73,050 tons) and Mishdovan (60,289 tons).

According to the latest report of United States Geological Survey, Iran ranks among the top 10 iron ore producers.

Iran is among the 15 major mineral-rich countries and exports its industrial and mineral products to 159 countries, including Iraq, China, the UAE, India and Afghanistan.

Mineral exports account for about 32 percent of non-oil exports.

In September 2015, Finland's engineering group Outotec was awarded a contract for the delivery of technology for a new iron ore beneficiation plant in northeast Iran, the company announced.

The plant — owned by Khorasan Steel Complex Company — will have a capacity to produce 2.5 million metric tons of pellet feed grade iron ore concentrate per year.

Under an order worth €45 million by Iran International Engineering Company (IRITEC), Outotec provides process technology for "a complete beneficiation plant and an entire value chain from raw material testing, process development to concentration and dewatering".

The company will be also responsible for basic engineering, and supply of key process equipment, as well as advisory services for detail engineering, construction and commissioning, Outotec said.

"This order is another significant milestone for Outotec in the quickly developing Iranian iron and steel industry," said Kalle Härkki, the head of Outotec's Minerals Processing business area.

The order is similar to one awarded by Bafq Mineral Complex Iron and Steel Industry Company to Outotec in June, 2015 to establish an iron ore pelletizing plant in Iran's central Yazd Province.

The green field investment program — part of several projects being executed by Outotec in Iran — included building a new plant to produce five million metric tons of iron ore pellets a year by 2018.

Under the contract, the Finnish engineering group would provide the technology license, basic engineering of the pelletizing plant, detailed engineering and supply of proprietary and key equipment and automation, as well as advisory site services for installation, commissioning and start-up.

The company said then that its pelletizing technology was selected due to its strong track record in Iran.

"Our technologies are widely used in Iranian iron ore and copper operations, as Outotec has delivered sustainable technologies to Iran since the 1970s," head of Outotec's Europe, Middle East and Africa region Adel Hattab said.

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