Fundamental analysis by بورس24 | Bourse24 about Stock تراک on 4/18/2024

Saad Mohammadi, Managing Director of Mines and Metals Investment Company ◀️ In Janja, with the consortium that has been formed, which is the leader of this consortium with the development of mines and metals, companies such as Golghar, Chadormelo, Gehr Zameen and Ghadir also participated, and 400 million euros of investment is being formed in this area. ◀️ The design and exploration of the mine has been done, 15 new 100 ton trucks are being transported, I think it will arrive in the area within the next week. ◀️ We hope that a factory with a capacity of 130 thousand tons of concentrate with a grade of 26% will be set up in the region in the next year, which was about 300 million dollars in revenue of this factory. ◀️ A sponge iron factory with a capacity of 1.7 million tons of sponge iron and 1.1 million tons of steel is being invested in Qorwa and Bijar. ◀️ In Ardabil, a 1.1 million ton steel factory with more than 51% progress is one of Pishran's projects. ◀️ A 1.1 million ton sponge iron factory is being invested in Fars province, which is currently about 18% progress. ◀️ The important news is that we fortunately were able to discover nearly 220 million tons of new iron ore within the last 2 years in the western region of the country, this is a very important event that the value of these stones is about 750 million tons of dollars. We hope that another 80 million tons of exploration will be provided to us this year. ◀️ Two projects of 2.5 million tons of concentrate have been defined, which is 2.5 million tons of concentrate in the Golali region and 2.5 million tons in the Shahrek region, and these two projects each require about 9 thousand billion tomans of investment, that is, 18 thousand billion tomans Only these two plans have been invested. ◀️ In Elshtar region, which is a deprived area, the design of a conveyor belt factory is being carried out in Sila and Delfan, the design operation of the factory is also underway there, and hopefully we will invest in the conveyor belt factory in that area as well. ◀️ In the Euclid region of Fars province, a 1.1 million ton sponge iron factory is being invested, which is currently about 18% progress and is one of the economic driving projects. @bourse24ir