Financial Deputy of Nicico Said;
Copper Sanction Has Solutions
Wednesday, May 15, 2019 - 3:22:27 PM

According to Mining News Pro - Mohsen Bazarnavi, financial deputy of National Iranian Copper Industry Co. (Nicico) said: “Previous sanction has included some industries and products but their financial activity is still alive. For example, Mobarakeh Steel Company was in the list of sanctioned company but they continued their financial activity.”

“We believe that the first round of sanctions have included Iran’s copper. Our copper is sanctioned again, however we will find our way through it”, he explained.

“We trying to do something that this issue have the least effect on our companies income. We are in the beginning of this path and we are trying to do some effective efforts in this 90-days deadline.”

“If we export certain amount of products during three-month period, the budget of the company for this year is covered. Otherwise, we will find another way.” Bazarnavi said.

“There are two environmental plans. Sulfuric Acid Factory of Sarcheshmeh Copper Complex has been set up and Khatoonabad Sulfuric Acid Plant will be in operation in the next 6 months.
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