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Iran to Launch First Magnesium Plant This Week
Dec. 24, 2014 10:45AM PST
Critical Minerals Investing
According to Iranian Fars news agency, the country’s first magnesium plant will be inaugurated this week. According to Azer News, the plant will be able to produce up to 6,000 metric tonnes of the metal each year.
According to Iranian Fars news agency, the country’s first magnesium plant will be inaugurated this week. According to Azer News, the plant will be able to produce up to 6,000 metric tonnes of the metal each year.
As quoted in the publication:
The construction work on the plant started in 2010 and about $30 million (based on official rate of 27,000 rials/USD) is invested for it.
