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Chinese firm willing to set up steel mill at Kalabagh

Steel News - Published on Thu, 13 Jan 2011

The Daily Times reported that a Chinese firm, AMLONG has shown interest in setting up a steel mill of 1 million tonnes at Kalabagh based on local iron ore deposits.

The Chinese Prime Minister during his recent visit to Pakistan was accompanied by over 200 delegates, including high officials, industrialists, businessmen and investors. AMLONG was also part of the delegation.

The company officials held meetings with various government organizations including Ministry of Industries and Production, said an EDB statement issued on Wednesday.

On the directives of the Ministry of Industries & Production, Engineering Development Board gave a detailed presentation on the iron ore deposits available at Makarwal and Chichali and other raw materials available in the same vicinity.

The delegation showed keen interest in the project and requested CEO EDB Aitazaz A. Niazi to arrange a visit to the site. Accordingly, a seven-member delegation led by S.M. Adil Shah, General Manager, EDB visited Makarwal/ Chichali iron ore deposits on January 10-11.

The officials of AMLONG expressed satisfaction on the iron ore deposits available at Kalabagh, the infrastructure and the proposed site for establishment of the steel mill.

SH Farooqi, a leading geologist briefed the delegation about the iron ore deposits in the area and prospects of a steel mill setup based on local iron ore.

The delegation was provided all the necessary information including maps, composition of the ores, quantum of deposits and reports prepared in the past.

The proven reserves at the Kalabagh iron ore deposit, which is the largest one in Pakistan, are around 350 million tonnes.

In addition, the iron ore deposits in Makerwal range which are spread over 83 km long belt up to Pezu district Bannu, are estimated to be around 600 million tonnes. Iron (Fe) content varies between 32 to 38.6%.

(Sourced from dailytimes.com.pk)
Posted By : admin on Thu, 13 Jan 2011
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