Introduction
Foolad Gostar Kowsar Holding is a specialized subset of Daric Investment Group. This holding has been established since 2007 in order to increase surveillance and performance of subsidiaries in direction of the goals of Daric Investment Group. The Holding is mainly involved in mining industry as well as trade and includes six specialized subsidiaries. Every company carries out its own specialized activities in different fields of mineral prospection, exploration, mining as well as mineral processing.
Tavangaran Sahand has started its activity in the field of mining since 2010 as a supplier of minerals and materials needed for the steel companies belonging Daric Investment Complex (with registered capital of 100 billion Rials), and nowadays becomes one of the greatest subsidiary of Kowsar Investment Holding which owns valuable mines as well as technical and qualified experts. Main activity of the company includes pre prospection, prospection, exploration, mining, grinding, mineral processing (in particular Iron Ore, Titanium, Copper and Gold), and installation of mineral processing facilities, ore treatment (metallic and non-metallic concentration). Tavangaran also provides geological studies, remote sensing, geophysical surveys and geochemical studies to meet the own needs.
Sahand Azaran Copper Industries has been registered as one of the subsidiaries of The Kowsar Steel Development Investment Holding since 2004.The company is established to invest in the Ghazi Kandi copper Mine, which is located at the 9th Km of the northeast of Hashtroud city in East Azerbaijan Province northwest of Iran with an average height of 1900 m above sea level. The vein-type copper deposit in this mining district has been explored in 2013.
The mine contains more than one million tons of proved reserve with an average grade of 0/4 percent, and its main minerals include Malachite and Chalcopyrite. The other valuable associate minerals include gold and silver.
In the first phase, copper concentration plant was built on the area of 30000 m2 adjacent to the mine which has an input capacity of 500 tons sulfide copper ore per day with an output grade of 25 to 32 percent. Daily production will be increased to 2000 tons in the next phases.
Azerbaijan Iron / Titanium Processing Industries has started its activities in northwest part of the country since 2015. This company is involved in Mining as well as iron-titanium mineral processing. The company is one of the most capable private sector producing iron and titanium in the country.
Sahand Azaran Coal Company, one of the youngest coal producer in the country, is established in 2020. This company is acting in the field of exploiting and manufacturing of coke and thermal coal used in various industries. This company has stepped forward regarding sustainable development, environmental protection and safety provision of all workers by employing experts and experienced personnel.
Sahand Azaran Lime Industries was established in 2020 by the efforts of Kowsar Steel Investment Company.
The main purpose of establishing Sahand Azaran Lime Industries is to process non-metallic minerals to produce value added products to supply the needs of the steel and pharmaceutical- sanitary industries (which are currently provided through imports).
Foolad Gostar Kowsar Investment Company is ready to invest in this field by acquiring Buket limestone mine located in Qaleh Chay vicinity of Ajabshir city. Extensive studies were conducted and 13 hectares land allocated in Saeb Ajabshir Steel Site for his purpose.
For this purpose. Gonbad limestone mine with mineral processing potential and Khalifeh Kandy Dolomite Mine in Maragheh are also owned by the company and are about to be exploited as the main loan sources for this project.
This company is one of the subsidiaries of Kowsar holding which has been established in 2020 with the aim of business and supplying raw materials as well as selling the products of Kowsar Holding. Activity areas:
- Supplying raw material to meet the needs of Holding Mineral export.
- Dried fruit export and other foodstuffs
- Import of mechanical part, wood and chemical materials
- Active in financial markets
