Lucky Cement’s Iraq plant fully functional after minor damage

KARACHI:  The Lucky Cement on Friday clarified its plant in Iraq is fully functional and had suffered negligible damage due to an unidentified flying object hitting its top part.

In a filing at the Pakistan Stock Exchange (PSX), the Lucky Cement addressed the rumours arising from a video circulating on social media. 

“In this regard, it is hereby informed that the cement plant of the Company, under joint venture arrangement at Samawah, Iraq remains fully operational and no significant or material damage has been caused to the plant,” according to the filing at PSX. 

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“The incident occurred due to an unidentified flying object colliding with the top part of the pre-heater installed at Samawah, Iraq which has caused negligible damage to some electrical wiring.” You may please inform the TRE certificate holders of the Exchange, accordingly,” the statement went on to add.

Apparently a splinter of some projectile might have hit the Lucky Cement’s plant, as Iraq’s airspace is witnessing heavy traffic of missiles being fired by Iran towards Israel in the on-going war which started last Friday.

Israel is also reportedly using Iraq airspace to carry out attacks against Iran.

Soon after Israel’s attacks on Iran last week, the government of Iraq filed a complaint with the United Nations Security Council over Israel’s “violation of Iraqi airspace” in a major attack on Iran, Baghdad’s foreign ministry said.

“These practices constitute a flagrant violation of Iraq’s sovereignty,” the ministry said, calling on the Security Council to assume its responsibilities and act to prevent the recurrences of such violations.

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Iran’s Foreign Minister Abbas Araghchi said today that Iran is not prepared for talks with anyone till Israeli forces continue aggression against the country.

His statement follows the International Atomic Energy Agency (IAEA)’s post on X on Friday that it has information that key buildings at Iran’s Khondab heavy water research site were damaged in Israeli strikes, including the distillation unit.

The information was an update on an assessment from Thursday, in which the IAEA said the reactor has been hit but there were no radiological effects.