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FinancialNews


  • 12-01-21

    Iran: Value of exports for main copper products reaches over USD1 B

    (MENAFN)The periodical reports and statistics declare that Iran’s metals sector is moving ahead both in terms of production and export in spite of the restrictions imposed by the U.S. sanctions.

    The country’s copper industry is taking moves noticeably, as some exceptional projects are implemented.

    Iran has seen its copper exports doubled in the previous Iranian year, regardless of a series of bitter sanctions imposed by the US planned at hampering the Islamic Republic’s trade of lucrative metals.

    The worth of exports for main copper products stood at more than USD1 billion over the previous year, stated a senior official at Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s largest metals and mining holding.

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