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NewsIMIDRO Changing Product Development Strategy

IMIDRO Changing Product Development Strategy

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Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) is proud of taking another step towards self-sufficiency, development of the country and realization of the ‘economy of resistance’.

IMIDRO, as the development organization of the mines sector and mining industries, began its activity in 1381(2002/03). The organization was created in an effort to develop and renovate mines and mining industries of Iran and then transfer it to the private sector in line with empowering Iran’s mining sector. During this period, IMIDRO managed to create maturity in steel, copper, aluminum and cement industries and is now supporting the private sector for the required development of the said industries.

In the new product development strategy of IMIDRO greater importance has been attached to strategic and hi-tech products. Projects such as production of graphite electrodes for completion of parts of the steel production chain as well as production of green coke for completion of parts of the requirements of aluminum industry are noteworthy.

In this regard, IMIDRO has attached special importance to rare earth elements and strategic metals. The pilot project for production of antimony metal was successfully completed and its semi-industrial unit has been inaugurated in Sistan and Baluchestan Province.

Antimony is a strategic product the production of which will create new industrial projects and job opportunities. IMIDRO has also a project for production of Kahnooj titanium under implementation. This precious metal is produced at a limited level in the country and IMIDRO plans to accomplish its industrial output. Production of pigments and titan cement is among approved plans of IMIDRO.

Recently, the first ingot of the strategic metal of Iran’s rare earth elements was unveiled in the presence of Ali Akbar Salehi, Head of Iran Atomic Energy Organization, Vice President for Science and Technology Sorena Sattari, and myself at the Mineral Processing Research Centre of Iran which is under IMIDRO.

This product, called mischmetal ingot, is comprised of four rare earth elements including cerium, lanthanum, neodymium, and yttrium. Iran Mineral Processing Research Center in collaboration with the officials in charge of the plan for rare earth elements (affiliated to IMIDRO), after 6 months of efforts, succeeded in gaining access to the technical knowhow of extraction of rare earth elements and managed to produce the first ingot with a purity of 99% from the minerals extracted from the mines in central Iran.

Other substances we have so far managed to produce at Iran Mineral Processing Research Center include praseodymium oxide with a purity of 99.9% , neodymium oxide with a purity of 99.9%, titan ferrous oxide with a combination of 55% iron and 45% titanium, yttrium oxide with a purity of 99.5%, cerium oxide with a purity of 99.5%, ferro titanium ingot, cerium oxide powder with a purity of 99 %, cerium ingot with a purity of 99.9%, lanthanum oxide powder with a purity of 99%.

IMIDRO, with regard to its development and monitoring position and considering the past negligence in the area of rare earth elements, embarked on serious exploration, research and processing activities in this field. The organization managed to achieve satisfactory results with the help of domestic and foreign experts.

IMIDRO is therefore ready to attract domestic and foreign investors for the development of this important field.

Source: IRAN International