Maad Koush Co. was established in 2005 in Persian Gulf Mining and Metal Industries Special Economic Zone in Bandar Abbas, Iran in an area of 37 hectares. The first phase began operation in May 2020 and was officially inaugurated in February 2021. 

Relying on its experts and specialists as well as high-tech equipment, Maad Koush is willing to reach the target of production 5 MTPA iron ore pellets by 2023 which will account for % 6.6 of country’s annual iron ore pellet production of 80 MTPA.