Economy, Business And Markets
0

New Copper Facility in 3 Months

New Copper Facility  in 3 MonthsNew Copper Facility  in 3 Months

Iran’s second biggest facility to produce copper cathodes will be inaugurated within the next three months in Tarom Copper Mine in Qazvin Province, Mehr News Agency reported. According to head of Qazvin’s industry, mine and trade organization, Ali Porzahmat, the mine will produce 10,000 tons of copper per year. The facility, which has made 90% physical progress, is built by a private sector company through a 1-billion-rial investment. Some 400 new jobs will be created upon the inauguration of the first phase of the facility. Copper ore in Tarom Mine has a grade of 1.5%, which is remarkably higher than that of Sarcheshmeh in the southeastern Kerman Province whose grade is between 0.2% and 0.4%.

Financialtribune.com