1.General Description of the project (Name, Kind of production, relative advantages)
Name of the project: Chromite production project
Products: Chromite concentrate
The project includes systematic exploration over a belt with an approximate length of 200 km and width of 1 km.
Place: From Sabzevar to Fariman
2.Estimate of Investment: US$ 20,000,000
The Foreign Side Investment percentage: 0%
The Iranian Side Investment percentage: 0%
Based on agreements according to the international norms and terms.
3. Needed Foreign Investment
Capital■ Technology ■ Equipment ■
4. Scale of the Project (capacity, possibility of upgrading the capacity, development plans)
First class mining based on international classification.
5.Estimate of Sales in Home and Foreign Markets
Percentage of sales in home markets: 40%
Percentage of sales in foreign markets: 60%
6. Kind of Joint Venture:
Joint Investment ■ Cooperation in production ■
Raw materials □ Cooperation in the sales of the product □
7. Pay Back Period: 5 years
Rate of Return; 20%
Needed Working Capital: %
8.Present Status of the Company (name and type of the company; its current activities and its advantages)
The company has 120,000 shareholders with a capital 67,000,000 Rials.
It is active in the fields of auto parts, agriculture, mining etc. The M.F. batteries production line is active too. The company has also some related companies like: (EMICO) Ehyaa North-east Mines (an International Company), Ehyaa Gardeshgar Toos, Niroogostaran, SabaAbrisham, Chakavak Sabz, Sabz Daneh, and Food packaging.
9. Contact numbers and Addresses of the company:
Postal Address: No. 459, Sanabad St. (between Shahriar & Afarin), Mashad
Tel.: 0098 511 8405714
Fax: 0098 511 8413976
Manager of the company: Vahid Hosseini