Baku, Azerbaijan, Nov. 20
By Kamila Aliyeva - Trend:
A new aluminum plant will be built on the territory of the existing aluminum enterprise in Tajikistan.
This was announced by the head of the Information and Public Relations Department of Tajik Aluminum Company SUE Igor Sattarov at the briefing in Dushanbe.
In 2018, the Tajik Aluminum Company (TALCO) is set to begin the implementation of the program for the phased and complete modernization of aluminum production and its transfer to new modern technologies.
“At present, the enterprise is forced to spend huge funds for the repair of worn out and out-dated equipment. The modernization program will allow renewing fixed assets in the very near future, replacing obsolete equipment with modern energy-saving equipment, which will significantly increase the production of aluminum,” Sattarov explained.
In terms of implementing the project to modernize the aluminum plant, TALCO specialists conducted a detailed analysis of the market for the latest aluminum production technologies, as a result of which it was decided to apply Chinese technology, which proved to be effective in recent years, including due to high energy saving indicators.
During the state visit to Tajikistan, Tajik President Emomali Rahmon signed a Memorandum on Cooperation between SUE Tajik Aluminum Company and Chinese company Yunnan Construction and Investment Holding Group.
This Chinese company and TALCO have reached an agreement on the construction of a new aluminum plant on the territory of the existing aluminum enterprise with the installation of fully automated electrolysis baths with a capacity of 540 kA. The Chinese company has already prepared a preliminary feasibility study and is currently engaged in the development of the project. The production capacity of the new aluminum plant will be 503,000 tons per year. Its structure will include foundry and anode production.
At the same time, the new aluminum plant will significantly save electricity and basic raw materials, such as alumina, cryolite, aluminum fluoride, and also anodes. The company will create 1,100 new jobs.
The beginning of the construction of the plant is scheduled for 2018. The construction period of the project worth $1.6 billion is one year and a half.