The annual ordinary general assembly of Tajali Mines and Metals Development Company ending on 29th of Esfand 1402 of the Persian calendar was held in Tehran on Sunday, Khordad 27, 1403 (Persian Calendar) with the presence of 94.14% of shareholders.

In this assembly, Tajali Development of Mines and Metals Company approved the company’s financial statements and distributed an amount of 80 Rials (8 Tomans) equivalent to 100% per share.

Also, “Donyaye Eghtesad – World of Economy” newspaper was chosen as the widely published newspaper for the announcements of this company for the Iranian year of 1403. 200 million Tomans was also approved to be expensed for the social responsibilities of this company.

 

He further pointed out that the Iranian year of 1403 will be one of the best years of our work with the utilization of the Kalaf Sarmad project, and said:

With the timely provision of liquidity, the two Sarmad steel projects and the Shargh Khorasan steel concentrate project will be put into operation by the end of this year.

The best projects of Sarmad Steel will be put into operation in late 1403 and early 1404 (Iranian Calendars), bringing considerable profit to “Tajali” company.

In the end, the CEO of Tajali Development of Mines and Metals, while thanking the investment companies of Development of Mines and Metals (Va-Ma’aden), Chador-Malou Mining and Industrial (Kachad) and Golgohar Mining and Industrial (Kegal) – symbols in the stock market, noted:

These companies have given us consulting help in raising capital and in some matters, and we are confident that this support from them will continue.

 

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