Iran’s Iron Ore Concentrate Production Up 4%
- May, 22, 2022 - 17:21
- Economy news
TEHRAN (Tasnim) – Figures released by Iran’s metals conglomerate IMIDRO show an increase in the country’s production of iron ore concentrate in the year to late March.
The figures published on Saturday showed that the total production of iron ore concentrate in Iran had reached over 51.5 million metric tons (mt) over the past calendar year, an increase of around 4% from the year to March 2021.
Iron ore concentrate output rose by 16% year on year in the month to March 20 to stand at 4.98 million mt, showed the figures.
The figures showed that the total supply of iron ore concentrate to domestic steelmakers reached more than 16.94 million mt over the same period, a decline of 10% compared to the previous calendar year.
The Golgohar Mining & Industrial Company, which runs mines in southeastern province of Kerman, was responsible for nearly a third of total iron ore concentrate output in Iran over the year to March with a production that amounted to over 16.45 million mt, said IMIDRO.
It said that the Chadormalu Mining and Industrial Company, the largest producer of iron ore concentrate by direct reduction in the Middle East, was the second largest producer in Iran over the past calendar year with nearly 12.187 million mt of output.
Iron ore fine production at Iranian mines more than doubled over the year to late March to reach over 1.947 million mt, showed IMIDRO figures.
They showed that Iron ore fine supply to domestic customers rose 26% year on year to reach more than 2.25 million tons, showed the figures.