Report: Copper Cathode Production Grows 12% in Six Months

Date: 26 October 2024 - 22:07

News ID: ۱۳۲۸۶۱

TEHRAN - Head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mohammad Aghajanlou has announced that the production of copper cathode in Iran rose 12 percent in the first half of the current Iranian calendar year (March 20-September 21).
Aghajanlou said that 145,000 tonnes of copper cathode was produced in the six-month period of this year.
Copper cathode is the primary raw material input for the production of copper rods for the wire and cable industry.
IMIDRO has 8 major companies and 55 operational subsidiaries active in steel, aluminum, copper, cement and mineral exploitation fields.
Iran is one of the largest producers and exporters of copper in Asia and even on a global scale. Due to the high quality of its copper products, they are highly sought after in international markets. Therefore, being informed about the market capacity and copper price in Iran, its producers, mines, and the transactions conducted in global markets in relation to exports can be valuable for customers of Iran’s export copper market.
In 2024, Iran holds 6% of the world’s copper reserves, containing 60 million tonnes of copper, ranking it sixth globally. In terms of copper production, with an annual output of 335,000 tonnes, Iran accounts for 1.5% of the world’s copper production and ranks fifteenth. In fact, the ratio of copper production to reserves in Iran is 0.6%, which is the lowest among copper-producing countries.