News & Reports News Year 2012 April , 2012 Iran's copper export up $800 million

Iran's copper export up $800 million


TEHRAN (ISNA)-Iranian copper export totaled over 800 million dollars in 2011, signaling the country has managed to bypass sanctions.
The export includes copper cathode, refined copper, wire and copper pipe, plate, copper sheet and strip, copper ore and its concentrates and molybdenum hydroxides and oxide.
The amount shows 7 percent growth comparing to Iran's copper export in 2010.
The UAE, Turkey, Saudi Arabia and China were the biggest markets for Iranian copper in 2011.
Iran possesses 3 percent of the world's cooper reservoir and ranked among the world's best 10 countries regarding copper reservoirs.
Iran also stands 22nd regarding cathode copper production. It is the largest copper producer in the Middle East.
Copper is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; a freshly exposed surface has a reddish-orange color.
It is used as a conductor of heat and electricity, a building material, and a constituent of various metal alloys.

Last Updated (Tuesday, 24 April 2012 10:09)