14,311.19 TRY BIST 100 BIST 100
45.07 USD USD USD
6.63 CNY CNY CNY
52.67 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
106.81 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

The country's largest iron ore concentrate factory started operations in Iran's Kurdistan region

The iron ore reserve discovered in the Qorveh mine in the Kurdistan region of Iran is 18 million tons, and a project investment of 7500 billion divisions has been made in this region.

The country's largest iron ore concentrate factory started operations in Iran's Kurdistan region

SabaNour Mining and Industry Company invested in the steel chain in the Kurdistan region of western Iran. It was announced that the company drilled more than 60,000 meters in the past year and discovered a total of 80 million tons of iron ore reserves.

The iron ore reserve discovered in the Qorveh mine in the Kurdistan region of Iran is 18 million tons, and a project investment of 7500 billion divisions has been made in this region. The Qorveh iron ore concentrate factory project was initiated by Saba Noor Mining and Industry Company. The annual production capacity of the project investment amounting to 7500 billion divisions is planned to be 2 million tons.

“This industrial unit will be the largest iron ore concentrate plant in the west of the country,” said Dr. Ardeshir Saad mohammadi, CEO of Mines and Metals Development Investment Company.

According to the plans, this factory will reach the operational stage in October 1404 (October 2025) with the date of Iran.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s iron and steel import value reached $5.38 billion in the January–March period

Thursday, April 30, 2026

Türkiye’s iron and steel export value reached $2.45 billion in the January–March period

Thursday, April 30, 2026

Tosyali Algerie strengthens its role in Algeria’s automotive industry

Thursday, April 30, 2026

Steel Net Forum Iberia brought the steel industry together in Santander

Thursday, April 30, 2026

Primetals Technologies ArcelorMittal BOF plant converter refurbishment Eisenhüttenstadt

Tuesday, April 28, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now