- Write by:
-
Saturday, July 27, 2019 - 1:39:49 PM
-
1202 Visit
-
Print
Mining News Pro - CEO of National Iranian Copper Industries Company said: “In the first four month of this year, our company succeeded to increase the cathode production by 26 percent. The production volume reached 90.5 thousand tons.
According to Mining News Pro - Ardeshir Sadmohammadi, CEO of National Iranian Copper Industries Company (NICICO) announced that with 22 percent growth in the last month, the company produced 23 thousand tons of cathode.
He mentioned the company’s new record in cathode production and said: “In the first four months of this year, we produced 117.5 thousand tons of anode.”
“Monthly production of copper in NICICO increased by 8 percent. In the last month by 2 thousand tons of increase, the total production reached 25.3 thousand tons”, Sadmohammadi said.
According to the CEO of NICICO, copper concentrate production has experienced a 5% growth over this period. According to the plan, 381.9 thousand tons of copper concentrate was expected but the actual number is 400.6 thousand tons.
“Financial performance of the company in Q1 shows that we had 89 percent growth and total sales are $413.6 million. Also, during the first quarter of this year, the company earned a profit of $261.5 million, up 174 percent from the same period last year.”
Short Link:
https://www.miningnews.ir/En/News/403423
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the ...
Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of ...
The state-run Chilean Copper Commission (Cochilco) will soon revise its copper price outlook, which will be considerably ...
Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado ...
Truck drivers in Chile staged protests Monday in the mineral-rich north of the country and around the capital Santiago, ...
Democratic Republic of Congo’s government has lifted a suspension order on a Congolese copper and cobalt operation ...
Peru’s copper production came in essentially flat for March at about 219,000 metric tons, government data showed on ...
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it ...
No comments have been posted yet ...