According to Mining News Pro - Sabanour mining and industrial development company succeeded to gain $18.3 million of revenue that was a huge step for reaching the company’s target, $40 million. Compared to the same period last year, it is an 80 percent growth.
Sabanour Mining and Industrial Development Company is the largest producer of iron ore products in the west and northwest of Iran. It has increased the added value of its products by exploiting several development projects, especially pelletizing.
37% growth in production
Sabanour has produced 188,288 tons of pellets during the first five months of this (Persian) year. Compared to the same period last year, it is an 11% jump.
Also, last year this company produced 524,988 tons of dry concentrate in the first month of last year. In the first five months of the year, the company produced a total amount of 713,276 tons of products and compared to the statistics last year, it a 37% growth.
Concentrate sales grew by 60%
During the first five months of 1399, it sold about 181,780 tons of pellets, which is an increase of 9 compared to the same period last year.
The company also sold 286,322 tons of dry concentrate in the first five months of this year, which shows a growth of about 60% compared to the same period last year. Sabanour sold 178,600 tons of dry concentrate in the first five months of last year.