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EghtesadOnline: A ferrochrome plant with a 60,000-ton per year capacity was inaugurated in Kerman Province’s Rafsanjan Special Economic Zone on Thursday.

Launched in the fiscal 2014-15, the project was established using Chinese investment amounting to 4.2 trillion rials ($100 million). 

The plant is set to produce ferrochrome with a 60% content, making it the Middle East’s top and the world’s 20th in terms of product purity, IRNA reported. 

Ferrochrome, also called ferrochromium, is a type of ferroalloy, that is, an alloy between chromium and iron, according to Financial Tribune. 

Ferrochrome is produced by electric arc carbothermic reduction of chromite.

 

Iran Ferrochrome Plant Kerman Ferrochrome Plant Rafsanjan Special Economic Zone