Copper exports hit $644m in 10 months: IMIDRO
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the total value of copper exports in the first 10 months of this year (March 20, 2024-January 19, 2025) exceeded 31 trillion tomans, equivalent to $644 million.
According to statistics released by the National Iranian Copper Industries Company, the company’s total sales during the stated period reached 133 trillion tomans, marking a 32% increase compared to the 101 trillion tomans recorded in the same period last year.
In domestic sales, the National Iranian Copper Company achieved sales of 79 trillion tomans in the first 10 months of the Iranian year 1402 (March 2023-March 2024). This figure rose by 29% to 102 trillion tomans in the same period of the current year, 1403.
Additionally, the value of exports in the first 10 months of the Iranian calendar year exceeded 31 trillion tomans, equivalent to $644 million.
According to IRNA and based on the latest global statistics, the world’s total proven copper reserves are approximately 790 million tons, with the majority located in Chile. Australia, Peru, Mexico, and the United States follow in terms of global copper reserves.
Iran, with 36.5 million tons of copper reserves, equivalent to 4.2% of the world’s total, ranks seventh globally. The reserves are extracted from the Sarcheshmeh, Sungun, and Meyduk mines. Ninety-eight percent of Iran’s copper reserves are located in the provinces of Kerman and East Azerbaijan.