15
Nov
16:01
Chadormalu to build pelletising plant at Ardakan steelworks
Iranian iron ore miner Chadormalu Mining & Industrial Co. plans to invest INR 7.18 trillion ($203.6 million) in a 4 million tonnes/year iron ore pelletising plant at its recently-commissioned steelworks in Ardakan. The firm hopes to attract foreign capital to part fund the project.
The company simultaneously plans to construct at the same site two long product rolling mills each of 550,000 t/y capacity for a combined INR 2.66 trillion. The pelletising plant …
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