Kabasian who is also IMIDRO chairman further remarked that in the month of Shahrivar (August/September) last year IMIDRO took over more than 240 billion rials worth of semi-finished projects for 200 billion rials of which partners have either selected or the projects have been ceded.
He added that out of the seven steel projects which had remained idle since 1385 (2006-2007) now L/Cs have been opened for six projects and it is projected that in the first six months of the current year (starting March 21) the sponge iron sections of Shadegan (Khuzestan), Sepiddasht (Chaharmahal and Bakhtiari), Miyaneh (East Azarbaijan Province) and Ney Riz (Fars) will become operational.
Karbasian remarked that some of the units have already created 400 job opportunities and now plans are underway for Foolad Baft (Kerman), Qaenat (Khorasan Jonoobi) and Sabzevar (Khorasan Razavi) for the production of sponge iron.
He said the steel manufacturing section of the mentioned seven projects are in the negotiation stage between Iranian banks and the Chinese partner and it is expected to be finalized soon.
He pointed to the absorption of consortiums from domestic companies for the implementation of Gol Gohar 5 and 6 iron mines which were finalized last week, adding that the amount of iron ore in Gol Gohar 5 is 24 million tons with an iron alloy of 47%.
He also put the reserve of Gol Gohad 6 mines at 76 million tons with an iron alloy of 51%, adding that 12 thousand meters drilling has been done so far.
Karbasian predicted that results of talks with 5+1 can play an effective role in increasing foreign investment in this regard.
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