About Us
Chadormalu mining & Industrial Co.
(Public Joint Stock Company)
The Most Dominant Iron Ore Concentrate (Pellet Feed) Producer in Iran.
Introduction:
Chadormalu Mining and Industrial Company is the main Iron Ore Concentrate producer for Iron Making by Direct Reduction in Iran.
Beside of Iron Ore concentrate the Company Produce also up to 1,000,000 ton/year crushed Iron Ore for using in Blast Furnaces in Iran as well for Export purpose.
The Company was established on June 1992, as a Private Joint Stock Co. Later, on 21st April 2003 the legal status of the company changed to Public Joint Stock Co. and has been registered on Tehran stock exchange.
Capital:
|
Description
|
Amount
|
|
Number of shares
|
6,000,000,000
|
|
Initial value
|
1000 RLS
|
|
Capital amount
|
6000 Mio RLS
|
Capital Changes:
|
Date of General Meeting
|
Date of Entry
|
Increase Capital Amount (M. Rials)
|
Capital (M. Rials)
|
Financer
|
|
Established
|
1992/06/09
|
0
|
10
|
cash
|
|
1994/08/02
|
1994/09/25
|
79,990
|
80,000
|
stockholders receivable
|
|
1997/08/04
|
1997/10/24
|
260,000
|
340,000
|
stockholders receivable
|
|
1998/07/01
|
1998/10/26
|
120,000
|
460,000
|
cash
|
|
1998/12/02
|
1999/01/22
|
40,000
|
500,000
|
stockholders receivable
|
|
2004/12/23
|
2005/06/13
|
250,000
|
750,000
|
stockholders receivable & cash
|
|
2004/12/23
|
2005/12/28
|
250,000
|
1,000,000
|
stockholders receivable & cash
|
|
2007/01/22
|
2007/05/08
|
1,000,000
|
2,000,000
|
stockholders receivable & cash
|
|
2010/05/31
|
-
|
4,000,000
|
6,000,000
|
stockholders receivable & cash
|
Expansion Project:
Company Target is to increase its annual Iron Ore concentrate Production to 8 Mio ton.
For realization of this purpose Beneficiation Line 4 is under constructio