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September 2018, No. 88


Middle East Mines & Mineral Industries Development Holding Company (MIDHCO)

Dr. A.A. Pourmand, CEO of MIDHCO

Introduction  

The Middle East Mines and Minerals Industries Development Holding Company (public joint stock) was established in 2007 by relying on knowledge and expertise as well as banking, mining and industrial backup. On November 7, 2007, the company registered under Registration No. 310643 at the Department General for Company Registration and Industrial Ownership of Tehran.  

Operations 

The MIDHCO subsidiaries are mainly active in mine, mineral processing and crude metal and copper (copper cathode & copper pipe) production.  

Vision 

To become the most admired company in mining and mineral industries in the region. 

Mission 

  • Sustainable and long-term value creation for the shareholders through design, implementation and development of mines and minerals industries.

  • To create a model for the development of mines and mineral industries in Iran.

  • To promote the level of management, technology and the share in the Gross Domestic Product (GDP) 

MIDHCO Subsidiaries 

1. Zarand Iranian Steel Co. (ZISCO)

2. Sirjan Iranian Steel Co. (SISCO)

3. Butia Iranian Steel Co. (BISCO)

4. Iranian Babak Copper Co. (IBCCO)

5. Ferrosilice Gharb Pars Co. (FESICO)

6. Pabdana Coal Processing Co. (PCPCO)

7. Iranian Industrial Development and Renovation construction Co. (MANAGC)

8. Middle East Me'yar Sanat Engineering Co. (MEMSECO)

9. Middle East Mines Renovation and Development Co. (MEMRADCO)

10. Middle East Aftab Derakhshan Commercial Co. (MESCO)

11. Middle East Aftab Derakhshan stock Brokerage Co. (MESBROKER)

12. GMI Projects GmbH

13. World Mining Industry Co. Ltd. (WMI)

14. Middle East Karavaran Sanat Co. (MIEPCO)

15. Mana Saz Co. (MANASAZ)

16. Iranian Samangan Tarabar Co. (ISTCO)

17. Iranian Fartak Innovation & Research Co. (FARTAK) 

MIDHCO Exploration 

MIDHCO is currently carrying out exploration activities on an area of about 8000 square kilometers in several provinces. Ores under exploration mostly include iron ore, copper and polymetallic ores.  

MIDHCO Services 

MIDHCO service companies are involved in activities including exploration, extraction, transportation, commerce, brokerage, engineering and construction. 

MIDHCO Projects 

35 Projects have been designed and are following up in mines and minerals industries, including: 

A) Commissioned Projects

1) 2mT Sirjan iron ore concentrate plant No 1 (2012)

2) 2m T Zarand iron ore concentrate plant No. 1(2012)

3) 550th T Pabdana coal processing plant (2013)

4) 800th T Zarand coal coking plant (2013)

5) 12th T Hamedan ferrosilicon plant No. 1 (2014)

6) 1m T Bardsir direct reduction plant (2015)

7) 2m T Sirjan iron ore concentrate plant No. 2 (2015)

8) 2m T Zarand iron ore concentrate plant No. 2 (2016)

9) 2.5m T Zarand iron ore pelletizing plant (2016)

10) 12th T Copper tube production plant (2016)

11) 2.5m T Sirjan iron ore pelletizing (2016)

12) 12th T  Hamedan ferrosilicon plant No. 2 (2017)

13) 12th T  Butia Iron Ore Pelletizing Plant (2017)  

B) Ongoing Projects

14) 1.7m T Zarand steel plant.

15) Zarand coke dry quenching plant (CDQ).

16) 1m T Bardsir steel making plant.

17) 500 MW Butia power plant.

18) 2.0 and 1.5m T respectively Butia direct reduction and steel making plants .

19) 50th T  Copper cathode making plant.

20) 400th T Lime and dolomite calcining plant.

21) 550th T Tabas coal processing plant.  

C) Other Projects

22) MIDHCO Resource Planning (MIDRP) Integrated Solution

23) Khomrud coal mine, preparation and extraction

24) Jalalabad iron ore mine, preparation and extraction

25) Gol-Gohar iron ore mine project No. 2, preparation and extraction

26) Gol-Gohar iron ore mine project No. 4, preparation and extraction

27) Gol-Gohar iron ore mine project No. 6, preparation and extraction

28) Chah Firuzeh copper mine project, preparation and extraction

29) Iron ore recrushing project in Sirjan concentrating plant.

30 - 35) Six exploration projects.

MIDHCO Products 

No

Product Name

Production Capacity

(Tonne/year)

Supply

(Tonne/year)

1

Steel Billet and Bloom

4,200,000

4,200,000

2

DRI

3,000,000

338,000

3

Iron Ore Pellet

7,500,000

500,000

4

Iron Ore Concentrate

8,000,000

500,000

5

Metallurgical Coke

1,200,000

548,000

6

Coal Concentrate

1,050,000

0

7

Copper Cathode

50,000

38,000

8

Copper tube

12,000

12,000

9

Ferrosilicon

24,000

9,300

10

Calcined Lime & Dolomite

400,000

32,500

MIDHCO Mine Extraction 

No

Ore Type

Ore Reserves

(Tonne)

1

Iron Ore

337,000,000

2

Copper Ore

150,000,000

3

Coal

210,000,000

 

Address: No. 8, Farhang Blvd, Sa'adat Abad, Tehran

Postal Code: 1997744111

Tel: 021-27340

Fax: 021-22363691

E-mail: info@midhco.com

P.O.Box: 456-14655 Tehran

 

 

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  September 2018
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