Iranian Ghadir DRI plant ready for formal inauguration

"Iranian Ghadir direct reduced iron plant is ready for formal inauguration," stated Mr. Hasan Pelarak chief of the Iranian Mines and Mining Industries Development and Renovation Organization (IMDRO). He also pointed out that the plant has been constructed within less than three years and that it started trial production on November 25, 2010. An investment of Iranian Rials 1.700 trillion ($163 million) was spent on the project. The plant will be fed by 1.2 million mt per year of pellets, which will be supplied by the neighboring pelletizing plant in Ardakan. Iranian Ghadir direct reduced iron plant has a designed capacity of 800,000 million mt per year of sponge iron.