Outotec has received an order from Bafgh Mineral Complex Iron and Steel Industry Company (B-MISCO) for the design and delivery of technology and services for a new iron ore pelletizing plant in Bafgh, Yazd Province, Iran.
The new 5 million tonnes per annum pellet plant is part of B-MISCO's greenfield investment program. Outotec's scope covers the technology license, basic engineering of the pelletizing plant, detailed engineering and supply of proprietary and key equipment and automation, as well as advisory site services for installation, commissioning and start-up. The new plant is expected to become operational in 2018.
Prior to finalizing the deal, Outotec has applied for all the relevant export approvals from export control authorities and has received all of the necessary permits to ensure that the envisaged technology delivery does not collide with the existing regulations. In anticipation of possible future changes in the regulatory framework, the order will be booked in Outotec's order backlog gradually during 2015-2018 according to each year's overall progress of the project.
|Order Received From||B-MISCO|
|Type||Iron Ore Pelletizing Technology|