Two iron ore processing plants to come on stream

TEHRAN, Mar. 28 (MNA) – Pelletizing plant with a capacity of 5 million tons and a 2.5-million-ton concentrate unit will become operational in Sangan within weeks.

As announced by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), a pelletizing plant and a concentrate unit are among projects which are being constructed in Sangan in partnership with the private sector.

Presently, six concentrate units with a total capacity of 17.5 million tons per year as well as a pelletizing plant with an annual capacity of 15 million tons are being built in Sangan city in Khorasan Razavi Province. Sanagan mine, situated in vicinity of the plants, enjoys an overall reserve of 1.2 billion tons.

Despite financial limitations, IMIDRO has spared no effort to accomplish all ongoing or halted projects in collaboration with the private sector.

Pelletizing and concentrate projects are being gradually accomplished and raw sales of minerals are expected to become minimized through incremental completion of the steel chain by the end of the current Iranian calendar year.

Completion of steel chain will also pave the path for domestic consumption of all mined iron ore preventing exports of raw materials.

HA/3939837

News Code 124446

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