Arabian American First Sale and Ships Copper Concentrates from Al Masane Al Kobra Mine

Copper Investing

Arabian American (NYSE:ARSD) announced its first sale and the shipment of copper concentrates from its Al Masane Al Kobra mine.

Arabian American (NYSE:ARSD) announced its first sale and the shipment of copper concentrates from its Al Masane Al Kobra mine.

As stated in the press release:

The contract with the buyer of the copper concentrate, an Indian smelter, allows for a shipment of up to 7,000 metric tons of product which will generate over $11.5 million in gross revenue for the Saudi joint stock company.

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