Decline on copper production reduced export revenues

16:31 - 23.02.2024

February 23, Fineko/ In Azerbaijan, the reduction in copper production in 2023 had an effect on exports.

Copper ore production decreased by 15.8% last year to 2,122.6 tons, ABC.AZ reports with reference to the State Statistics Committee. Exports of copper ore and its concentrates abroad dropped to 16,616 tons (13% less than a year earlier).

The value of copper exports amounted to $19.04 million. In the previous year, $26.75 million in foreign currency was received.

A ton of copper cost $1,146.

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