Iran’s two major coal companies produced 510,054 tons of coal concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 25% growth year-on-year, the Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
Tabas Parvadeh Coal Company accounted for 430,325 tons of the total output and Central Alborz Coal Company for the remaining 79,729 tons. The two companies’ performance in the ninth month of the year (Nov. 22-Dec. 21) stood at 80,231 tons. Iranian coal mines, with about 1.15 billion tons of reserves, have the capacity to produce up to 3 million tons of coal concentrate per year.
Arman Rahavard Aluminium Raw Materials Supply and Production Company (ARALALUMINA) intends to hold an international Tender for alumina refinery plant in PSEZ
Iran, one of the largest steel producer in MENA region is currently facing sanctions imposed by US. Post US Sanctions, Iranian economy continues to hit adversely which resulted into depreciation of IRR.
KSC - Iran's largest billet exporter has recorded nil billet exports in 5th month of current Persian year, as per data released by IMIDRO.
Steel ingot production of major Iranian steelmakers in the first five-month of the current Iranian year (March21, Aug22), indicating a 15% growth compared with the corresponding period of the previous year.
Nakhlak lead concentrate processing plant was inaugurated by chairman of the board of IMIDRO.
Iran’s mineral export value reached $3.7 billion during the first four-month of the current Iranian year (March21-July22), indicating a 21% growth compared with corresponding period of last year.