By Xinhua

TEHRAN, Oct. 28 (Xinhua) -- Iran has inaugurated an iron ore concentrate plant, Tehran Times daily reported Sunday.

The plant with the production capacity of two million tons per annum was launched on Saturday in the city of Zarand, southeastern Kerman Province, said the report.

Some 570 million U.S. dollars have been invested by the private sector and it will create 150 direct jobs and 400 indirect jobs, according to Tehran Times.

Iron ores are rocks and minerals from which metallic iron can be economically extracted.

Iran exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India, and Afghanistan, the deputy director of Iran's Geology and Mineral Exploration Organization, Behrouz Borna, was quoted as saying.

 

The Iran Project is not responsible for the content of quoted articles.