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FinancialNews


  • 27-07-20

    Approximated copper preserves scale 528 million tons

    (MENAFN) On Saturday July 25 IRIB accounted that Managing director of the National Iranian Copper Industries Company (NICICO) stated that the capability of the country's copper preserves has boosted by 528 million tons.

    Ardeshir Sa'ad Mohammadi stated that "Considering the new reserves, Iran has become the world's seventh-biggest holder of copper reserves,".

    Ardeshir reminded that more preserves could be found in the near future and Iran could overshadow Indonesia which holds the sixth position in the middle of the world's top countries in terms of copper preserves.

    Sa'ad Mohammadi stated that "Our country currently holds 4.2 percent of the global reserves,", adding up that new copper discoveries had been accounted in the southeast and northwestern Iran.

    MENAFN2707202000450000ID1100547325

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