Gold Refinery Construction in Iran and Worldwide
Gold refinery construction is the process of setting up an industrial facility that converts extracted or concentrated gold into high-purity gold or bullion.
Major Steps of Gold Refinery Setup
- Gold Extraction: Using techniques such as cyanidation, leaching, or activated carbon methods to obtain gold from ore or concentrate.
- Smelting and Refining: Removing impurities from gold through heat and chemical treatment to achieve high purity.
- Bullion or Grain Production: Casting the refined gold into bars or grains depending on the market or client's demand.
- Weighing and Packaging: Preparing final gold products for domestic use or export.
Benefits of Building a Gold Refinery
- Value Addition
- Job Creation
- Import Dependency Reduction
- Local Technology Development
Key Factors to Consider
- Proper Site Selection
- Utilizing Modern Equipment
- Skilled and Trained Workforce
- Securing Sustainable Financing
- Environmental and Safety Considerations
FAQ
What is the approximate cost of building a refinery?
It depends on capacity, technology, and location — usually starts from a few million dollars.
When will the project become profitable?
Typically within 6 to 18 months of starting operations.
Can the bullion be exported?
Yes, especially if it meets international standards like LBMA.
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