Iron Ore

Project Details

Export Volume: 25.5 million tons/ Year

Details: In 2009 Iran produced 25.5 million tons of iron ore (fines, lumps and concentrate), Alternatively, U.S. Geological Survey ranked Iran, the 8th largest producer of iron ore in 2009 with 33 million tons of output.[38] Chadormalu and Gol Gohar Iron Ore are the two largest iron ore mines (accounting for more than 80% of iron ore production in Iran). In 2012, Iran opened a sponge iron plant in Hormozgan Province with a projected annual output of 1.8 million tons.[44] Tariffs for the export of iron ore concentrate and pellet have been set at 50% and 35% respectively (2010).Starting in 2012, iron ore companies will pay tariffs for their excavation licenses 2% of the price of a tonne of steel billet for every tonne of iron ore that they sell.

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