Iran's Copper Cathode Production Rises 7%

Production of copper cathode in Iran increased 7.1% during the first eight months of the current Iranian calendar year (March 20-November 20), compared to the same period of time in the previous year. Copper cathode output hit 188,900 tons in the first eight months of the present year, while the figure was 176,300 tons in the same time span of the past year. Production of copper cathode, which stood at 250,000 tons in the past Iranian calendar year (ended on March 20), is planned to reach 280,000 tons in the present year. Iran has seen its copper exports doubled in the past Iranian calendar year despite a series of bitter sanctions imposed by the United States aimed at hampering the Islamic Republic’s trade of lucrative metals. - Tehran Times