Iran mineral outputtops 310 mt


Iron ore concentrate, with 32.59mt, had the biggest share in Iran’s mineral production registering a 26.31% growth.
According to a report published by Financial Tribune based on the statistics provided by IMIDRO, more than 310.7mt of mineral products were produced in Iran in the last fiscal year (ended March 20, 2017).
With over 37bn of proven and 57bn of potential reserves, Iran is home to 68 types of minerals including large deposits of coal, iron ore, copper, lead, zinc, chromium, uranium and gold.



Upstream steel sector
  Iron ore concentrate had the biggest share in Iran’s mineral production during the period with 32.59mt, registering a 26.31% growth year-on-year.
 Golgohar Mining and Industrial Co. (GEG) accounted for 12.55mt of the total output, followed by Chadormalu Mining & Industrial Co. (9.05mt), Iran Central Iron Ore Co. (4.08mt), Middle East Mines Industries Development Holding Company (3.28MT), Gohar Zamin Iron Ore Company  (1.92MT),  as well as Opal Parsian Sangan Industrial and Mining Co. (1.68mt).
 The mentioned companies posted double-digit growth excluding Chadormalu Mining & Industrial Co., which registered a 3.81% uptick in  production. Middle East Mines Industries Development Holding Company (MIDHCO) with a 30.90% rise had the highest growth in output.
 Estimated at 4.5bn, Iran accounts for about 3% of global iron ore reserves with over 200 ore deposits.
 Production of granulated iron stood at 5.93mt, down 16.33%. Sangan Iron Ore Complex (SIOC) was the biggest producer(1.86mt), followed by Iran  Central Iron Ore Co. (1.84mt), Iran Central Plateau Iron Ore Co. (744,300t), Jalalabad Iron Ore Company (634,514t), Mishdavan Iron Ore Co.  (481,093t) and Chadormalu Mining & Industrial Co. (359,825t)
 With a total output of 25.8mt, pellet had the second largest share among Iran’s mineral products last year, indicating 17.31% rise year-on-year.  Mobarakeh Steel Co. was the largest pellet producer (7.31mt), followed by Golgohar Mining and Industrial Co. (7.25mt), Khouzestan Steel Co.  (6.08mt), Chadormalu Mining & Industrial Co.(3.68mt) and Middle East Mines Industries Development Holding Company(1.47mt).
 MIDHCO spent most of the previous year increasing production capacity. Its pellet output capacity rose by an astonishing 740.08% during the  period.

Direct-reduced iron came next, recording 16.39mt output, which shows 8.62% rise. Mobarakeh Steel Co. had the lion’s share here by producing 6.59mt, followed by Khouzestan Steel Co. (3.68mt), Hormozgan Steel Co.(1.31mt), South Kaveh Steel Co.(1.14mt), Saba Steel Complex(1.053t), Khorasan Steel Co.(1.051t), Ghadir Iron and Steel Co. (856,323t), as well as MIDHCO (701,651t).
MIDHCO again topped the growth chart with a 98.37% rise in DRI output. The above companies posted growth in production for the year. Iran is the world’s largest DRI producer.
Crude steel had the fourth largest share in Iran’s mineral products last year. Iranian steel mills produced 14.46mt of slabs, blooms, billets and ingots during the year, indicating 4.58% growth.
Mobarakeh Steel Co.  was at the forefront with 7.46mt. KSC (3.59mt) was next, followed by Esfahan Steel Co.(2.24mt), Khorasan Steel Co.(660,889t), Iran Alloy Steel Co.(400,262t) and Iran National Steel Industrial Group (98,323t).
Esfahan Steel Co. and Iran National Steel Industrial Group were the mere steel producers posting negative growths, 31.80% and 2.45%, respectively.
Meanwhile, 10.05mt of steel products, including hot and cold-rolled coils, rebar, beams, pipes and galvanized sheets were produced over the year, indicating 2.28% decrease.
Mobarakeh Steel Co.  and its subsidiary, Saba Steel, had the largest share of production (5.61mt), followed by Esfahan Steel Co.(2.054mt), Oxin Steel Co.(636,722t), Khorasan Steel Co.(532,518t), Azarbaijan Steel Co.(285,135t), Iran Alloy Steel Co.(267,533t), Iran National Steel Industrial Group (247,961t), Ahwaz Rolling and Pipe Mills Co.(217,614t) and Chaharmahal and Bakhtiari Automotive Sheets Co.(200,060t).
Mobarakeh Steel Co.  , Azarbaijan Steel Co. and Chaharmahal and Bakhtiari Automotive Sheets Co. were the only mills posting growth in the production of steel products.



Copper sector
Copper mines operated by National Iranian Copper Industries Co. extracted 154.20mt of copper oxide ore    during the year, indicating a 3.25% drop.
Sarcheshmeh Copper Complex accounted for 70.99mt of the total amount. Sungun Copper Complex (13.39mt) and Miduk Copper Mine (8.08mt) came next. With the exception of Sungun, all the above mines recorded a decline in extraction.
The three mines’ sulfide copper ore extraction, however, was up 8.83% to reach 48.49mt, with all producers posting growth.
Copper concentrate was the main product manufactured in this sector. Output stood at 1.07mt recording 9.51% rise. It was followed by copper anode (225,075t), down 3.38%; copper cathode (193,028t), up 1.23%; and molybdenum (41,480t), up 0.82%.

Aluminum sector
Iran’s three major aluminum producers produced an aggregate of 293,988t of aluminum ingots last year to register a 1.38% decline.
Iran Aluminum Co., Hormozal Aluminum Co. and Almahdi Aluminum Co. produced135,411t,97,607t and 60,970t, respectively.

Lead & Zinc
Major Iranian lead and zinc producers extracted 943,435t of ore during the past year. Angouran Lead and Zinc Complex accounted for 914,478t of the figure, while Nakhlak Lead and Zinc Plant produced 28,957t.