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Armenia exports record amounts of copper in 2017

Metal News - Published on Mon, 15 Jan 2018

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Hetq reported that rising price of copper on international markets in 2017 was a boon for exporting countries like Armenia. By the end of the year, the price for one ton had exceeded USD 7,000. Many analysts point to increasing copper demand from China as a prime factor in the copper price rise.

According to Armenia’s State Revenue Committee, the country exported 444,000 tonnes of copper ore between January and November 2017 worth USD 527 million.

Compare these numbers to the same period in 2016, when Armenia exported 397 tonnes of copper ore worth USD 357 million.

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Posted By : Rabi Wangkhem on Mon, 15 Jan 2018
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