Construction of low grade barite processing plant
For the purpose of processing of Mehdiabad low grade barite, tender documents were released by Iran Minerals Production and Supply Company (IMPASCO) in September 2014, based on which the bid winner is obliged to process Mehdiabad barite by taking some steps including construction licensure obtain, investment, construction of a barite processing plant, operationalization of it and sales of the final product. The winner must construct the barite processing plant with the annual input capacity of minimum 500 thousand tons of barite lumps within a period of 24 months from the contract submission. Then it must, for 15 years, receive barite lumps to process and sell its final product. In Exchange for these services, the winner reserves the right to withdraw a fixed percent of product value as its share and it must pay the rest of product value as the right to tender organizer.