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  • 10-05-22

    Shakouri: copper cathode will increase to 1m tons by 2025

    (MENAFN) Chief of Iran Copper Organization Bahram Shakouri has stated that the nation will surge its copper cathode manufacture from the present 300,000 tons to one million tons in about 3 years which is 1404 in Iranian calendar year (starts on March 21, 2025).

    On Sunday, Shakouri stated to IRIB that “although less than 300,000 tons of copper cathodes is currently produced in the country, with the development of reserves and more exploration and extraction, the production of one million tons of the product is projected by 1404.”

    Shakouri went further on explaining that “for the 1404 horizon, production of 800,000 tons of copper is targeted, and if we develop mineral reserves and expand exploration operations while creating more processing plants, the production ceiling of one million tons of copper cathodes can be considered for the mentioned year.”

    Pointing to the worldwide target for copper output in the next 30 years, the official also stated: "According to forecasts, copper production in the world by 2050 should reach four times the current level which is over 1.8 million tons.”

    MENAFN10052022000045014228ID1104186446

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