Baku, Azerbaijan, Feb. 21
By Khalid Kazimov – Trend:
National Iranian Copper Industries Company says that six new copper mines have been discovered in the country.
Head of the National Iranian Copper Industries Company Ahmad Moralizadeh has said that the new mines are located in East Azerbaijan, Southern Khorasan, Sistan and Balouchestan, and Kerman provinces.
Elaborating on the sales of his company, Moralizadeh forecast that the value of the output would hit 8.3 trillion tomans (about $1.8 billion) by the end of the current fiscal year (March 20).
In the meantime, the official expects to export $1.250 billion worth of products over the year.
Iran’s copper concentrate output amounted to 851,917 tons in the first nine months of current Iranian fiscal year (March 20-Dec. 21, 2017).
The figure indicates an increase by 7.9 percent as compared to the same period of the preceding year, according to the data of Iran’s state-run Mines and Mining Industries Development and Renovation Organization (IMIDRO).
The country’s overall copper concentrate output reached 1.046 million tons during the last fiscal year (ended March 20, 2017).
Some 105,917 tons of copper cathode (a 27.4 percent fall) as well as 130,197 tons of copper anode were produced in Iran during the nine-month period.