Economy, Domestic Economy

Online Copper Projects

Online Copper ProjectsOnline Copper Projects

Two copper development projects will come into operation this month one in Songon, East Azarbaijan Province and the other in Sarcheshmeh, Kerman Province, said Mehdi Karbasian, the head of the board of directors of Iran National Copper Company. According to IRNA, the projects have a capacity of 150 thousand tons each, producing a total of 300 thousand metric tons of copper concentrate, the official said. Karbasian, who is also the chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said, “based on new government policies for the copper industry, future projects will be part-funded by the private sector.” The minister also stated that other two projects with a capacity of 50 thousand metric tons of copper concentrate are also on the cards in the Songon complex.