About Midhco
Middle East Mines & Mineral(MIDHCO)
• MIDHCO establishing and investment
A hundred percent private and a public held co., Middle East Mines Industries Development Holding Company started its investment and developing activities in mine and mineral sectors of the country in November 2007, having permission of the Securities and Exchange Organization, by public stock subscribing and a fund of 28 million USD. MIDHCO capital has been raised to 480 million USD in six stages.
• MIDHCO activities
The aim of this professional holding is to invest on mines and mine industries therefore all the subordinate companies serve this expertise intent.
• Model of management
MIDHCO model of management is based on strategic control namely the holding is responsible of regulating equal dominant standards for the subordinate companies and supervising them. The subordinate companies mange themselves independently obeying their board.
- Applying top technologies to diminish the environmental destructive effects of the production processes and undertaking social responsibilities to the interest of future generations by respecting safety and health standards
MIDHCO motto: Our development commences from mine. MIDHCO target: Rising stock value of shareholders
MIDHCO excellence: Health, speed, precision, discipline, integration
• MIDHCO leadership scope
Assigning vision, targets, mission and strategy of the holding
Assigning strategy testament
Managing substantial risks and coordinating the ternal committees
• MIDHCO five year
• MIDHCO establishing and investment
A hundred percent private and a public held co., Middle East Mines Industries Development Holding Company started its investment and developing activities in mine and mineral sectors of the country in November 2007, having permission of the Securities and Exchange Organization, by public stock subscribing and a fund of 28 million USD. MIDHCO capital has been raised to 480 million USD in six stages.
• MIDHCO activities
The aim of this professional holding is to invest on mines and mine industries therefore all the subordinate companies serve this expertise intent.
• Model of management
MIDHCO model of management is based on strategic control namely the holding is responsible of regulating equal dominant standards for the subordinate companies and supervising them. The subordinate companies mange themselves independently obeying their board.
- Applying top technologies to diminish the environmental destructive effects of the production processes and undertaking social responsibilities to the interest of future generations by respecting safety and health standards
MIDHCO motto: Our development commences from mine. MIDHCO target: Rising stock value of shareholders
MIDHCO excellence: Health, speed, precision, discipline, integration
• MIDHCO leadership scope
Assigning vision, targets, mission and strategy of the holding
Assigning strategy testament
Managing substantial risks and coordinating the ternal committees
• MIDHCO five year
| Name of products | Quantity |
|---|---|
| (Raw steel) | 2.4 million tons |
| (Iron ore pellet) | 5.7 million tons |
| (Iron ore concentrate) | 8 million tons |
| (Metallurgical coke) | 800 thousand tons |
| (Charcoal concentrate) | 550 thousand tons |
| (Ferro silicon) | 12 thousand tons |
| (Copper cathode) | 50 thousand tons |
| (Lower-hand copper industries) | 12 thousand tons |