Iran’s H1 copper exports at 56K tons

Financial Tribune – Iran exported a total of 56,000 tons of copper during the first six months of the current Iranian year (March 21-Sept. 22), according to the managing director of the National Iranian Copper Industries Company.

Ardeshir Sa’d-Mohammadi added that H1 exports exceeded the total volume of shipments in the last fiscal year (March 2018-19), which stood at 47,000 tons.

According to the official, Iran’s copper output stood at more than 132,400 tons during the six-month period, IRNA reported.

“Iran’s copper production is expected to exceed 260,000 tons by the [fiscal] yearend [March 19, 2020] and will exceed 300,000 tons next year [March 2020-21],” he said.