In the first half of this year, Azerbaijan exported abroad 1,864.5 tons of copper ore and concentrate. That 59.3% more than in the same period of 2014, the State Statistics Committee told Turan.
This year, the entire volume of copper was delivered to Georgia. In the first half of 2014 it was also exported to Kazakhstan (224.6 tons).
This year the export of copper ore and concentrate generated $ 2 million 70.2 thousand of profit, which is 11.1% less than in January-June 2014. In the first half of this year, a ton of Azerbaijan copper cost $ 1,110.3, whereas a year ago it cost $ 878 more expensive.
The manufacturer of copper ore in Azerbaijan is Anglo-Asian Mining Company, which operates the gold deposits in the west of the country.
In the first half of this year, Azerbaijan produced 784.1 tons of copper ore, which is 2.3 times more than in the first half of 2014. ----08B
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review