Under the contract, a factory for copper cathode
with capacity of 4,000 tons a year will initially be built.
Based on the Iranian industries ministry' strategy for copper production, it is predicted for Iran to be able to produce 850,000 tons of copper cathode
in future," Seyed Mohammad Fatemian announced.
Over 70% of its revenue was derived from copper cathodes
He added that copper cathodes
were always in demand in the global market.
This would increase the copper cathode
production from 137,000 tons to 200,000 tons of fine copper per year.
The investment will generate an increase in the production of copper cathodes
by some 16,000 tonnes to 250,000 tonnes.
They have chosen Macedonia because they plan on not only exploiting ore, but also launching a full vertical integration of copper production, manufacturing of copper cathodes
, wires and pipes.
smelter has resumed production of LME Grade 'A' copper cathodes
CMA expects production of 225,000 tonnes per year of refined copper cathodes
to begin in early 1997 and continue at least 20 years.
were produced in July, with production of the first nickel cathodes following in August.