Company profilePrivate / Non-listed

Babak Copper Company

Iranian Babak Copper Company is a private copper producer and processor associated with MIDHCO's mining-industrial platform in Shahr-e Babak, Kerman Province. In the Hormuz Group company graph, it matters because it links copper mining, concentrate processing, cathode production, tube manufacturing, and downstream industrial-material supply. Its location near major Kerman copper resources makes it relevant for mapping non-ferrous metals capacity outside the fully state-dominated copper structure.

ListingPrivate / Non-listed
ExportHigh
VerificationBasic
ConfidenceHigh
Updated19/07/2026
OPERATING PROFILE

Operations & footprint

Products and services

Iranian Babak Copper Company develops and operates copper mining and processing activities, including copper concentrator operations, copper cathode production, copper tubes, and related copper-processing projects. Its activity is tied to Shahr-e Babak's copper district, MIDHCO's mining-industrial chain, exportable copper materials, and downstream non-ferrous manufacturing demand.

Operations and assets

Assets include the Dareh Alo copper concentrator plant, commissioned in 2012 with nominal capacity of 50,000 tonnes of copper concentrate per year; the operational Dareh Zar copper concentrator plant; a bioleaching-based copper cathode plant designed for 50,000 tonnes per year of LME Grade A cathode, whose first phase, representing 30% of capacity, was launched in 2018; and a copper tube plant with capacity of 12,000 tonnes per year. The Chah Firoozeh concentrator project is reported under development, with estimated capacity of 100,000 metric tonnes per year and 30% progress reported; the cited project information gives a construction start date of November 30, 1999.

Geographic footprint

Operations are reported in the Shahr-e Babak copper district in Kerman Province, Iran.

CORPORATE STRUCTURE

Ownership & group structure

Ownership

Private subsidiary of Mining and Industrial Development Investment Company (MIDHCO).

Parent company

Mining and Industrial Development Investment Company (MIDHCO).

Reported scale

Scale note: Revenue and profit data were not identified in the supplied evidence.

Investor Lens

Commercial and investment relevance

Babak Copper Company is relevant for investors assessing Iran's private copper-processing capacity, copper cathode supply, downstream tube manufacturing, mining-linked industrial development, and exportable non-ferrous products. It can support analysis of copper beneficiation, bioleaching-related processing, regional contractor demand, equipment needs, water scarcity, energy exposure, and customer links to domestic and export markets. Due diligence should verify current ownership, production status, product flows, environmental performance, sales channels, and dependence on MIDHCO-linked financing or procurement structures. The company combines upstream concentrate production with cathode and tube manufacturing. MIDHCO states that the tube plant is expected to consume 25% of cathode production, indicating an intended internal link between cathode and downstream processing.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Decision-useful current data are limited. Available evidence does not establish recent production volumes, financial performance, export markets or volumes, workforce size, or comprehensive ESG performance.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

Who owns Iranian Babak Copper Company?

Iranian Babak Copper Company is a private subsidiary of Mining and Industrial Development Investment Company (MIDHCO).

What does Iranian Babak Copper Company produce?

Its reported activities include copper concentrate production, LME Grade A copper cathode production and copper tube manufacturing, alongside related downstream copper processing.

Where does IBCCO operate?

IBCCO operates in Shahr-e Babak, Kerman Province, Iran.

What copper-processing capacity has IBCCO reported?

Reported capacities include 50,000 tonnes per year of copper concentrate at Dareh Alo, 50,000 tonnes per year of designed copper cathode capacity and 12,000 tonnes per year of copper tube capacity. These are stated capacities rather than verified recent production volumes.