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Iran’s NICICO to increase copper production

Business Materials 14 September 2021 13:40 (UTC +04:00)
Iran’s NICICO to increase copper production

BAKU, Azerbaijan, Sept. 14

By Elnur Baghishov – Trend:

The National Iranian Copper Industries Company (NICICO) signed a contract worth 80 trillion rials (about $1.9 billion) with the Khatam al-Anbiya Construction Headquarters related to increasing copper production at the Sungun copper complex in the East Azerbaijan Province (north-western Iran) on September 14, 2021, Trend reports citing the NICICO’s website.

According to the contract, a plant with a capacity to produce 100,000 tons of LME-A grade copper cathode per year, will be built in the complex.

In addition, a plant with a capacity to produce 120,000 tons of copper anode and a plant with a capacity to produce 400,000 tons of sulfuric acid per year, will be built in the complex.

After the launch of these plants, 500 people will be employed.

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