Marketing in Middle East Zinc and Metals Market
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Zinc is a metal with the abbreviation Zn and atomic number 30 and is in the category of basic metals. Zinc is the fourth most widely used metal in the world after iron, aluminum, and Copper and has four isotopes. Zinc is the twenty-third element in the earth's crust in terms of abundance.
Many of the heavy Minerals extracted contain 10% iron and 40-50% zinc. The mines from which zinc is extracted include sphacrit, Boland, sonite, calamine, and franklinite. So far, about 60 types of zinc minerals are known. Zinc does not exist naturally. Of these, zinc sulfide, known as sphalerite or Bland (ZnS), is the most important mineral.
Other important minerals of zinc include Smith Znite ZnCO3, Hemorphite (Zn4Si2O7 (OH and Zenith) (ZnO). Iran with rich zinc mines in Zanjan, Yazd, Kerman Semnan is one of the countries producing and exporting zinc metal, with estimated total global reserves of 1 billion and 900 million tons, of which 480 million tons are potential reserves and 250 million tons are definitive reserves.
The rest of the projected reserves are Iran, which ranks third in the world in zinc reserves, while the country's zinc production is not balanced by world production in the next three years. Global zinc prices will rise, he said, hoping that in the next three years, global zinc prices with a base of $ 2,300 will make the industry more prosperous in the world and Iran.
Announced the investment of 12 thousand billion rials in the collection of these companies and said: investment of three thousand billion rials for the production of BZS, nickel, cadmium, and cobalt, SO flotation, production of Zamak alloy, construction of the Wales furnace, construction Wow The flotation limit of Chah Mir mine, production of filter press plates, zinc carbonate (nano), calcium carbonate (nano), zinc oxide (nano), construction of coal washing plant and production of hydrated lime are in the priority of the programs.
Iran's lead and zinc industry is the largest group of lead and zinc industry companies in the Middle East, with the richest (Angoran) and largest (Mehdiabad) lead and zinc mines in the world and the Middle East located in Iran.