14
Feb
15:32
Imidro criticises Iranian iron ore export duty plan
The Iranian Mines and Mining Industries Development and Renovation Organisation (Imidro) has criticised the government’s proposal to implement a 10% duty on iron ore exports from 21 March.
The state-owned mining holding company objects to the duty for two reasons. Firstly, most of Iran’s iron ore deposits are low-content haematite ore that is unsuitable for steelmaking unless it goes through a costly beneficiation process. This low-quality ore would …
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