Kahnuj Titanium Project to Resume after Two Decades Suspension
Construction of two plants in titanium sector will be resumed officially in current week. This is the first time that Kahnuj titanium project reaches implementation phase.
Construction of titanium concentrate plant with130 thousand tons annual production capacity and titanium slag plant with 70 thousand tons production capacity will be resumed this week.
Kahnuj titanium is one of the projects in priority of 11th government. Kahnuj titanium projects were started about 2 decades ago but there were no opportunity for their implementations. Now as a result of planning and identification of tender winners the implementation phase of these projects will be started.
Construction technology and financing were the main reasons of suspension of these projects. Technology will be provided by domestic and foreign consortiums and finance will be provided through bonds market.
Titanium in Kahnuj county, located in south of Kerman province near the Bandar Abbas, will be implemented by utilization of significant titanium reserves.
Based on the surveys, probable and proven reserves of the region are 400 million tons and 160 million tons respectively.
At the present, only titanium pilot project has activity there, which is an introduction for construction of main project.
Construction and operation of these projects not only put Iran among titanium producer countries but also will lead to social and economic growth of the region.
source: imidro
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
