Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Iran’s National Copper Company is ready to start its first copper concentrate production plant in Yazd province by the end of autumn this year (December), according to the Iranian Mines and Mining, Industries Development and Renovation Organization (Imidro).

 

The company officials informed that the processing plant is expected to have a capacity of 72,000mt and equipment worth €51mn ($60.44mn) has been installed at the plant.

 

The company will begin operations as soon as it receives the license. The company has received a 20-year valid exploration license for its copper mine in the region. 

 

Apart from that, the crushers and equipment installation at the Mehdiabad lead and zinc project will also be complete by year-end.

The project is 34pc done and will be completed by September next year, as per the officials.

 

The authorities planned on reviving 42 mines in the Yazd province in Iran, of which, 14 mines have been revived and activated with the support of the Yazd Province Industry, Mining, and Trade Organization. 

 

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