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46% Decline in Iran's Lead, Zinc Ore Extractions

Jul 17, 2019, 11:56 AM
News ID: 29543

EghtesadOnline: Major Iranian lead and zinc producers extracted 207,788 tons of ores during the first three Iranian months (March 21-June 21), which indicates a 46% fall in production compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.

Angouran Lead and Zinc Complex accounted for 193,355 tons and Nakhlak Lead and Zinc Plant for 14,433 tons of the total output to register a 48% and 6% year-on-year decrease respectively.

The two producers extracted an aggregate of 1.09 million tons of ores in the last fiscal year (ended March 20, 2019).

Lead, zinc ore extractions during the month to June 21 amounted to 78,616 tons, down 38% compared with last year’s similar month, according to Financial Tribune.

Angouran's output stood at 73,910 tons, down 40% YOY, while Nakhlak extracted 4,706 tons, down 11% YOY.