Domestic Economy

IMIDRO Reviews Upstream Copper Output Over Seven Months

IMIDRO Reviews Upstream Copper Output Over Seven MonthsIMIDRO Reviews Upstream Copper Output Over Seven Months

The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 691,381 tons of copper concentrate during the first seven months of the current Iranian year (March 21-Oct. 22) to register a decrease of 1% compared with last year’s similar period.
Production in the month ending Oct. 22 stood at 101,712 tons going down 2% year-on-year, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
Sarcheshmeh Copper Complex had the lion’s share with 409,510 tons, remaining unchanged YOY. Sungun Complex produced 197,008 tons, down 1% YOY as Miduk Complex produced 84,863 tons to witness an 8% drop YOY.
Meanwhile, Sarcheshmeh Copper Complex and Khatoon Abad Copper Refinery produced an aggregate of 182,818 tons of copper anode during the period under review, up 5% YOY. Sarcheshmeh had the biggest share with 136,571 tons, up 22% YOY. Khatoon Abad produced 46,247 tons, down by 26% YOY.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment