Radar Telegram alerts Open Radar

Ghazstan reached Fagadir; 10 hemati mine with a profit potential of 1 hemati Stock Exchange 24/A rumor indicates that the Ghazstan iron ore and phosphate mine in Yazd province was transferred from the assets of the international company "Wakgadir" of Jadir Industries and Mine Development to the Iranian iron and steel company of Gadir "Fagadir". An event that can mark a new chapter in the development of the mining activity and the completion of the Fagadir value chain. The Gazstan mine has significant mineral capacity in the Bapak area with a recoverable reserve of approximately 77.9 million tonnes of iron ore and an average grade of 26%. With the transfer of this mine, Fagadir can follow the exploration, extraction and processing activities in the form of an integrated chain and take an important step towards a sustainable supply of the raw materials they need. On the other hand, the enrichment line of this mine has reached its full capacity and the production capacity development plan is also on the agenda. Estimates indicate the possibility of reaching a production capacity of about 2 million tons; A capacity that can significantly increase the scope of Fagadir's mining activity. At the same time, initial assessments and discussions indicate an economic value of approximately 10 thousand billion tomans (10 hemat) for this property and the possibility of obtaining an annual net profit of close to a thousand billion tomans (1 hemat). The realization of these data obviously depends on the final production capacity, the scope of the investment and the extraction and processing costs. All in all, Gazstan can become one of the most important supporters for the development of If the transfer is completed and the above estimates are realized, in addition to increasing the value of the company's assets, this mine will create new capacity for production growth, strengthening profit margins and increasing Fagadir's profitability in the coming years.

תרגם לעברית

Bourse24 · · Source

🇮🇷 Iran · Map

Ghazstan reached Fagadir; 10 hemati mine with a profit potential of 1 hemati Stock Exchange 24/A rumor indicates that the Ghazstan iron ore and phosphate mine in Yazd province was transferred from the assets of the international company "Wakgadir" of Jadir Industries and Mine Development to the Iranian iron and steel company of Gadir "Fagadir". An event that can mark a new chapter in the development of the mining activity and the completion of the Fagadir value chain. The Gazstan mine has significant mineral capacity in the Bapak area with a recoverable reserve of approximately 77.9 million tonnes of iron ore and an average grade of 26%. With the transfer of this mine, Fagadir can follow the exploration, extraction and processing activities in the form of an integrated chain and take an important step towards a sustainable supply of the raw materials they need. On the other hand, the enrichment line of this mine has reached its full capacity and the production capacity development plan is also on the agenda. Estimates indicate the possibility of reaching a production capacity of about 2 million tons; A capacity that can significantly increase the scope of Fagadir's mining activity. At the same time, initial assessments and discussions indicate an economic value of approximately 10 thousand billion tomans (10 hemat) for this property and the possibility of obtaining an annual net profit of close to a thousand billion tomans (1 hemat). The realization of these data obviously depends on the final production capacity, the scope of the investment and the extraction and processing costs. All in all, Gazstan can become one of the most important supporters for the development of If the transfer is completed and the above estimates are realized, in addition to increasing the value of the company's assets, this mine will create new capacity for production growth, strengthening profit margins and increasing Fagadir's profitability in the coming years.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram