Iran aluminum output capacity to reach 1.5 milliom tons by 2025
Azerbaijan, Baku, Jan.6/ Trend F.Milad
Iran plans to increase its annual aluminum ingot production capacity up to 1.5 million by the end of the country's 20-year Development Vision Plan, which ends before 2025, Iranian Mining and Mineral Industries Development and Renovation Organization (IMIDRO) announced on Sunday, the IRNA News Agency reported.
Aluminum ingot output surpassed 224,000 tons in Iran during the first eight months of the current Iranian calendar year, which began on March 20.
The amount shows two percent increase in comparison to the previous year's figure.
Iran plans to increase its annual aluminum ingot production capacity up to 910,000 tons by the end of the Fifth Five-Year Economic Development Plan (March 2016).
Iranian Deputy Minister of Industry, Mine and Trade Vajihollah Ja'fari had said in May that Iran's aluminum output will exceed 400,000 tons by the end of the current Iranian calendar year (starting March 20).
Ja'fari had previously said that the volume of aluminum production in the country increased by 8.5% during the past Iranian calendar year (ended March 19) compared to its preceding year, Press TV reported in May.
The production growth rate comes despite the fact that the world average yield increased by seven percent during the mentioned period, he added.
Ja'afri also put Iran's current per capita consumption of aluminum at 4.5 kilogram, noting that per capita aluminum consumption worldwide now stands at 6.5 kilograms.
The head of Iranian Mining and Mineral Industries Development and Renovation Organization (IMIDRO) also said that his organization will implement various projects across the country to achieve the aluminum output target set for this year.
The official highlighted that Iran's ranking in production of aluminum has risen by four steps since 2005 to stand as number 22 in the world aluminum output.
Ja'fari stressed that Iran plans to book the 14th rank in the global aluminum production by the end of the 5th Economic Development Plan (2010-2015).