Copper Cathode Output Up 62%

Major Iranian copper producers produced 73,996 tons of copper cathode during the first four-month of the current Iranian year (March 21-July22) indicating a 62 percent growth compared with the corresponding period of previous year.

According to the report of public relations of IMIDRO, during the period under review, Sarcheshmeh Copper Complex and Miduk Copper Company, as the subsidiaries of National Iranian Copper Industries Company, produced 96,920 tons of copper anode registering a 65 percent increase YOY.

During the first four-month of current Iranian year, Sarcheshmeh Copper Complex, Sungun Copper Complex and Miduk Copper Company produced 413,739 tons of copper concentrate, up 10% YOY.

Likewise, Sarcheshmeh Copper Complex and Miduk Copper Company produced 1,599 tons and 799 tons of molybdenum concentrate during the first four-month of current Iranian year(March 21-July22), which indicate 21% down and 38% growth YOY, respectively.

The three companies’ copper oxide ore extraction increased 9% YOY to 19,013,273 tons.

source: IMIDRO