Iran aluminum output up 9%
Some 51,888 tons of aluminum have been produced in the first two months of current Iranian calendar year (ended May 21).
The amount shows a 9 percent increase in comparison to the same period in previous year, the Mehr News Agency reported.
The IRALCO Company exported 14,585 tons of aluminum worth $32,670,000 in the mentioned period. The amount shows a 33 percent increase in terms of volume and 117 percent rise in terms of value.
Almahdi Aluminum Company also exported 18,071 tons of aluminum worth $40,583,000 in the two-month period. The figures show a 43 percent increase in terms of volume and 126 percent rise in terms of value.
The largest and the most advanced aluminum plant of Iran, Hormozal, was inaugurated on January 9 in the southern city of Bandar Abbas.
Hormozal aluminum plant with the annual production capacity of 147,000 tons came on stream at the cost of 400 million euros and 2 trillion rials (about $200 million).
The 230 KA technology has been applied in the project, IMIDRO said in a statement.
Hormozal would add some 47 percent to the country's annual production capacity, boosting it to 457,000 tons from the previous figure of 310,000.
The plant is a joint venture between Iran and Italy. The giant project would create 7,700 direct and indirect jobs.