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Iran sees minor decrease in aluminum ingots production

Business Materials 23 October 2023 10:35 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 23. Iran's aluminum ingots output decreased by 0.5 percent in the first half of the current Iranian year (March 21 through September 22, 2023), compared with the same period last year, Trend reports.

Data from the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) shows that four Iranian aluminum companies produced 316,408 tons of aluminum ingots in six months.

In the same period last year, Iran’s aluminum ingot production stood at 318,091 tons.

Within six months, Iran's South Aluminum Corporation (SALCO) produced 141,721 tons of aluminum ingots; the Iranian Aluminum Company produced 85,246 tons; the Al-Mahdi Aluminum Company produced 71,339 tons; and the Iran Alumina Company produced 18,102 tons.

Alone in the 6th month (August 23 through September 22, 2023), the mentioned four companies produced 48,425 tons of aluminum ingots, representing a 3.3 percent increase compared to 46,864 tons in the same period last year.

In addition, Iran Alumina Company produced 117,458 tons of aluminum oxide for 6 months, a decrease of 1.2 percent compared to 118,845 tons at the same time last Iranian year.

At the same time, the Iranian Alumina Company produced 241,279 tons of bauxite in six months.

On average, Iran's annual aluminum ingot production capacity is about 700,000 tons.

Meanwhile, 632,166 tons of aluminum ingots were produced by four Iranian aluminum companies over the last Iranian year (March 21, 2022 through March 20, 2023), which is an increase of 12.9 percent compared to the preceding year (March 21, 2021 through March 20, 2022).

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