Chadormalu Mining and Industrial Company
An Iranian mining and industrial company focused on iron ore, iron ore concentrate, and related steelmaking inputs.
Last updated August 26, 2026
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Overview
Chadormalu Mining and Industrial Company, commonly abbreviated as CMIC or known simply as Chadormalu, is an Iranian mining and industrial enterprise centered on the extraction and processing of iron ore. The company was established in June 1992 in Tehran and developed into one of Iran’s most important iron ore producers. Its operations are associated with the Chadormalu iron ore district in Yazd Province, while the company’s corporate base is in Tehran. Chadormalu’s principal activity is the production of iron ore concentrate for the direct-reduction steelmaking route. According to the referenced company profile, it has capacity of approximately seven million tonnes per year for iron ore concentrate production, making it a major producer in the Middle East. The company also produces crushed iron ore, with stated capacity of up to one million tonnes annually. This material can be supplied to blast-furnace operations and may also be exported. The company occupies an important position in Iran’s vertically developing metals economy. Its products are upstream inputs for the country’s steel industry, particularly facilities using direct-reduced iron and electric-arc-furnace technology. Chadormalu therefore sits between mineral extraction and downstream steel production rather than functioning primarily as a consumer-facing brand. Its economic importance is tied to domestic industrial supply, mineral-resource development, processing capacity, and the export potential of Iranian iron ore products. Chadormalu became one of the larger companies listed on the Tehran Stock Exchange. A referenced 2007 profile reported a market capitalization of approximately two billion U.S. dollars at that time; this historical figure should not be treated as a current valuation. The company has also been reported as holding ISO 9001 quality-management, ISO 14001 environmental-management, and OHSAS 18001 occupational-health-and-safety certifications, reflecting the formalization of its production and management systems. The available reference material provides limited detail on ownership structure, executive leadership, specific mines and processing plants, annual financial performance, later expansion projects, and current corporate website information. Accordingly, Chadormalu is best characterized here as an active Iranian iron ore mining and processing company with a major role in concentrate production, while many present-day operating details remain to be verified.
History
Chadormalu Mining and Industrial Company was established in June 1992 in Tehran, Iran. Its formation occurred within the broader development of Iran’s mining and metals sector, where domestic extraction and processing of iron ore were central to expanding national steelmaking capacity. The company took its name from the Chadormalu iron ore area associated with Yazd Province, one of Iran’s significant mineral-producing regions. From its early development, Chadormalu’s role extended beyond the simple extraction of ore. The company’s industrial profile has been defined particularly by the beneficiation of iron ore into concentrate suitable for direct-reduction steelmaking. This processing step increases the usable iron content and provides a standardized feedstock for downstream reduction and steel facilities. Chadormalu has also produced crushed ore for blast-furnace applications and for export markets. The company grew into a major participant in the Iranian iron ore industry. Its reported concentrate-production capacity reached approximately seven million tonnes per year, while crushed iron ore capacity was described as reaching one million tonnes annually. These figures positioned Chadormalu as a leading direct-reduction concentrate producer in the Middle East and connected the company to the supply chain supporting Iran’s large steel sector. Chadormalu subsequently became one of the larger companies listed on the Tehran Stock Exchange. A 2007 reference reported a market capitalization of about two billion U.S. dollars, although that figure is historical and does not represent a current valuation. Public listing increased the company’s visibility within Iran’s industrial capital markets and reflected its importance among the country’s major mining and metals enterprises. The company has also been associated with formal management and operational standards. Reported certifications include ISO 9001 for quality management, ISO 14001 for environmental management, and OHSAS 18001 for occupational health and safety. Together, these certifications indicate an effort to systematize production quality, environmental controls, and workplace-safety practices. Chadormalu’s business remains primarily industrial and business-to-business. Its customers and stakeholders are found in mining, mineral processing, direct-reduction ironmaking, blast-furnace operations, steel production, logistics, and commodity export. The available reference material does not establish a complete chronology of mine development, plant construction, ownership changes, executive appointments, or later production expansions. It also does not provide sufficiently current information to describe present capacity, valuation, or detailed operating performance beyond the reported historical profile.
- 2007
Reported as a major Tehran Stock Exchange company
[1]A referenced profile described Chadormalu as one of the largest companies listed on the Tehran Stock Exchange and reported a historical market capitalization of approximately two billion U.S. dollars.
- 1992
Company established
[1]Chadormalu Mining and Industrial Company was established in June 1992 in Tehran, Iran.
Products and positioning
An important Iranian iron ore producer and a major Middle Eastern supplier of concentrate for direct-reduction steelmaking.
Mineral processing product
Iron ore concentrate
Chadormalu’s principal processed product is iron ore concentrate produced for the direct-reduction route used in steelmaking. Concentrate is a beneficiated and more standardized iron-bearing material than run-of-mine ore, allowing it to serve as an important feedstock for downstream ironmaking facilities. The company has been described as having capacity of approximately seven million tonnes per year, placing it among the major concentrate producers in the Middle East.
Iron ore
Crushed iron ore
Chadormalu also produces crushed iron ore for industrial use. The referenced profile gives capacity of up to one million tonnes per year. This material can be used in blast-furnace operations and may be directed to export markets, giving the company a product role in both domestic steelmaking supply and international iron ore commerce.
Sources1 sources
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