The Iranian new pellet mill Ardakan Pelletizing Plant will start production by September 2007, three months later than formerly announced.
As previously reported by SteelOrbis, Ardakan Pelletizing Plant, which has a designed capacity of 3.4 million metric tons a year, will be supplied with iron ore concentrate from its beneficiation plant Chador Maloo Mine & Industry Co. Meanwhile, the iron ore pellets produced at the plant will be shipped to the direct reduction plant at Mobarakeh Steel.
The contract for the construction of Ardakan Pelletizing Plant was awarded to a Kobe Steel-led consortium which includes ABB of Switzerland, TAIM-TFG, S.A. of Spain and the Japanese trading firms, Marubeni Corporation and Mistubishi Corporation.
The investments in the project total Rial 1,500 billion ($161.8 million) and $85 million.