VOL. XL

No. 31

4-August-1997

IRAN

Japanese/Australian Group Wins Contract For Expansion Of Sarcheshmeh Copper Smelter

The Iranian Ministry of Mines and Metals has awarded a consortium consisting of Japan'sTomen and Australia's Broken Hill Proprietary Company and MIM Holdings, a contract worth$75mn to double to 200,000 tons/year the capacity of the smelter at the Sarcheshmeh coppercomplex in the southern province of Kerman. In the current fiscal year, the Iranianparliament has authorized the...