Khamrood coal mine to be funded by Islamic Development Bank loan

Wednesday, 19 January 2011 09:44:17 (GMT+3)   |  
       

The Islamic Development Bank is to provide a loan of €56 million for the Khamrood coal mine in Iran. The loan will fund the construction of a coal processing plant for the mine which is to be set up within four years and will be refunded within 12 years, Iranian sources said.

Khamrood coal mine will have a capacity of 750,000 mt per year of coal and 400,000 mt per year of coal concentrate when it comes on stream. Khamrood coal mine is located near Zarand city in the province of Kerman - an area rich in coal and iron ore resources.
 


Similar articles

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

India’s coking coal imports from Russia hit peak in April-February of FY 2024-24

26 Mar | Steel News

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

Fitch Ratings raises iron ore price assumptions for 2024-2026 amid limited supply

22 Mar | Steel News

Ex-Australia coking coal prices heading below $250/mt FOB

21 Mar | Scrap & Raw Materials

Turkey’s coking coal imports up 102.2 percent in January

19 Mar | Steel News

Local Chinese coking coal prices - week 11, 2024

15 Mar | Scrap & Raw Materials

Local coke prices in China decline, further cuts expected

15 Mar | Scrap & Raw Materials

Buyers seek $250/mt FOB for ex-Australia coking coal after latest deal

15 Mar | Scrap & Raw Materials

Ex-Australia coking coal drops closer to $280/mt FOB as suppliers try to push sales

14 Mar | Scrap & Raw Materials