Finnish mineral processing company Outotec has been
awarded a major contract for a new iron ore pelletizing plant in Bafgh, Iran,
from Bafgh Mineral Complex Iron and Steel Industry Company (B-MISCO).
"Outotec's pelletizing technology was selected
due to its ability to process a wide range of iron ores, and our strong track
record globally and in Iran. Our technologies are widely used in the Iranian
iron ore and copper operations, as Outotec has delivered sustainable
technologies to Iran since 1970s. We are also currently executing several other
projects in Iran", says Adel Hattab, head of Outotec's EMEA region.
The value of the contract was not disclosed but in
a press
release,
Outotec said typically, such equipment is in the order of 80 to 100 million
euros. The company noted that it has booked less than 10 million euros in
orders for the second quarter.
The contract covers the the technology license,
basic engineering of the pelletizing plant, detailed engineering and supply of
proprietary and key equipment and automation, as well as advisory site services
for installation, commissioning and start-up. The new 5 million tonnes per
annum pellet plant is expected to become operational in 2018.
Iran was the world's 10th largest iron ore producer
in 2012, according to the United States Geological Service (USGS), when it
extracted 28 million tons of the steelmaking ingredient.
Source: mining.com