Posted on 21 Feb 2019
Chadormalu Mining & Industrial Co.’s Ardakan-based billet plant will likely produce at nominal capacity in the next Iranian year through 19 March 2020, the Iranian iron ore miner says.
The electric arc furnace-based billet plant, commissioned in 2017, can produce up to 1.3 million tonnes/year of semis. Chadormalu, Iran’s second-largest iron ore producer, followed this up with the commissioning last month of a 1.5m t/y direct reduced iron plant, also at the Ardakan site. The firm is also in the process of building a 4m t/y iron ore pelletising plant at the same location.
Chadormalu has also invested jointly with Mobarakeh Steel and Khorasan Steel into the construction of a new 30,000 tonnes/year capacity graphite electrodes plant in Iran. “We hope that this very important project for the country will come to a conclusion as soon as possible,” Chadormalu managing director Mahmoud Nourian says in a note seen by Kallanish.
The Iranian Mines and Mining Industries Development and Renovation Organization (Imidro) said last month it hopes to secure by end-March the remainder of financing needed to finish the plant (see Kallanish passim).
Together with Mobarakeh, Fakoor Sanat and fellow iron ore miner Gol Gohar, Chadormalu says it plans to invest into an iron ore mine in Australia with a resource of 400mt. The raw material would be used to feed the projected 10m t/y of crude steel complex on Iran’s Makran coastline.
