MIDHCO, a Middle East Mining Industry Development company, was established and started operations in 2007 to invest in Iran's mining and industrial Minerals sector. It has the highest industrial bioleaching method with copper production technology in the world . İn addition it uses the highest technology in the blast furnace and direct regeneration method in the country.
Among the duties of the Holding (MIDHCO);It has created a brand in the domestic and foreign markets by supplying high-use products to business units (MESCO), by giving priority to the export of its subsidiaries and by selling its products.
The products and their annual capacities are;
Billet (ST52, 34CrMo4, D15-2, St3Sp, St37) 1.5 million tons
Crude steel 4.2 million tons
Iron ore 7.5 million tons
Iron ore concentrate 8 million tons
Metallurgical coke 1.2 million tons
Processed coal 1.1 million tons
Ferro silicon 24 thousand tons
Lime and dolomite 400 thousand tons
Copper cathode 50 thousand tons
Copper pipe 12 thousand tons
Electricity 500 MW
Engineering, construction companies and representatives in Europe and Asia formed sub-groups of the holding (MIDHCO) with Aftabe Derakhshan Middle East Trading Company (MESCO). Company names are below.
Zarand Iranian Steel,Sirjan Iranian Steel,Butia , Iranian Babak Copper, Ferrosilice Gharbe Pars Co, Pabdana Coal, Iranian Industrial Development Renovation Construction Co, Middle East Meyar Sanat engineering co, Iranian Industrial Development Renovation Construction Co Iran Mana, Middle East Shining Sun Commercial Co(MESCO), Middle East Industrial Agents, Iranian Samangan Tarabar Co, Fartak Iranians Research and Innovation Company, IMICO
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