Baku, Azerbaijan, August 20
Trend:
Iran’s copper concentrate output amounted to 413,739 tons in the first four months of the current Iranian fiscal year (March 20-July 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 100,466 tons of copper concentrate in the last calendar month (June 21-July 21).
The NICICO companies also produced 96,920 tons of anode copper in the 4-month period, 65 percent more year-on-year.
The cathode copper output by the companies also amounted to 73,996 tons in the same span of time, which was 62 percent more compared to the corresponding period of the preceding year.
The Copper sulphide ore production by the companies affiliated to the NICICO surpassed 19.01 million tons in the first four months of the current fiscal year, registering a rise by 9 percent.
Sarcheshmeh copper complex produced 1,599 tons of molybdenum concentrate in the period, 21 percent less year on year. In the meantime, 799 tons of molybdenum concentrate was produced in Sungun Copper Complex, 38 percent more compared to the 4-month period of the preceding year.
Iran’s copper concentrate output registered an increase by 6 percent in the last fiscal year, ended March 20, 2018.
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.