Chinese investor meets with South Khorasan Governor’s Deputy for Economic Affairs

The plan to develop an iron ore concentrate production unit and cast iron casting was discussed at a meeting between a Chinese investor and the deputy economic officer of the South Khorasan governor.

According to the Public Relations Office of the South Khorasan Governorate; A meeting with Chinese investor to review the development plan for the iron ore concentrate production unit and cast iron casting was held on Saturday evening in the presence of the Deputy Coordinator of Economic Affairs of the Khorasan Governorate.
This meeting was held in accordance with the governor’s order and emphasis on removing obstacles in the development path of the Barman Asak Hirad Company, an iron ore concentrate production unit and cast iron casting unit in Zirkuh County.
This processing unit has a production capacity of 300,000 tons and employs 90 people directly.
The development plan for this project is being pursued by a foreign investor from China with a capacity of 250,000 tons.