Iran’s Iron Ore Concentrate Production Exceeds 4mln Tons

Iran’s iron ore concentrate production exceeded 4mln tons in the first month of the current Iranian year (started on March 21).

Major producers of iron ore in the country produced 4,013,413 tons of iron ore concentrate in the first month of the current year (March 21-April 20).

Also, in the same period, 3,809,045 tons of iron ore conglomerate was produced by nine major iron ore producing companies, showing a six percent hike as compared to the same period of last year.

Major iron ore production firms produced more than 26.7 million tons of conglomerate in the past year (ended on March 20, 2019), registering more than 49 percent growth as compared to the same period of last year.

Iran in 2017 discovered a new iron ore mine in the Central city of Yazd, estimated to hold 2 billion tons of reserves with iron content of 70 percent.

"The reserves were discovered recently at a depth of 1,500 meters," Director General of Industry, Mine and Trade of Yazd Province Mohammad Reza Alamdar-Yazdi said.

The official described the mine "unique" in terms of reserves and iron content in the world, and said, "It will help the capacities of Yazd and Iran in general in a huge way, where the country's total reserves of iron ore, the steel-making ingredients, are already more than 3 billion tons."

The iron ore reserves of Golgohar in Kerman in south-central Iran are one of the world’s largest, yielding up to five million tons a year.