Baku, Azerbaijan, July 21
Trend:
Iran’s copper concentrate output amounted to 313,273 tons in the first quarter of the current Iranian fiscal year (March 20-June 21), according to the latest statistics, released by Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO).
The data indicates that Iran’s copper concentrate output has increased by 10 percent, compared to the produced concentrate in the corresponding period of the last fiscal year.
The companies affiliated with the National Iranian Copper Industry Company (NICICO), including Sarcheshmeh, Meydook and Sungun Copper Complexes, produced 100,201 tons of copper concentrate in the last calendar month (May 21-June 21), which is 10 percent more year-on-year.
The NICICO companies also produced 70,871 tons of anode copper in the 3-month period, 56 percent more year-on-year.
The cathode copper output by the companies also amounted to 53,233 tons in the same span of time, which was 50 percent more compared to the corresponding period of the preceding year.
Iran’s anode and cathode copper output in the last calendar month stood at 25,597 (96 percent more year-on-year) and 19,761 tons (109 percent growth), respectively.
The copper ore extraction by the companies affiliated to the NICICO surpassed 45 million tons in the first quarter of the current fiscal year, registering a rise by 12 percent.
The monthly output in the last calendar month increased by 6 percent to 14.34 million tons.
Iran’s copper concentrate output registered an increase by 6 percent in the last fiscal year, ended March 20, 218.
The country produced 1.141 million tons of copper concentrate in the 12-month period.
The country also produced 160,128 tons of cathode copper in the 12-month period, 17 percent less year-on-year.
Iran’s anode copper production also stood at 201,234 tons in the last fiscal year, registering a fall by 11 percent compared to the preceding year.
Iran possesses 22 million of copper reserves, equal to 1.3 percent of the world’s proven copper reserves, according to the report.
At present, six copper mines are operating in the country.