By John Lee.
Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, has laid the foundation stone for a sponge iron plant in Basra.
The plant, belonging to the General Company for Iron and Steel, will have a production capacity of one million tonnes per year.
The project aims to ensure a steady supply of high-purity sponge iron, a key raw material for steel production, to sustain operations at the country's steel plants.
Speaking at a press conference, Minister Al-Najm described the project as a major industrial initiative under the government's strategic industry development plan. He highlighted its importance in meeting market demand, strengthening Iraq's steel sector, and creating job opportunities.
(Source: Ministry of Industry and Minerals)
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