Iran’s aluminum output falls

Business Materials 20 June 2016 12:08 (UTC +04:00)

Baku, Azerbaijan, June 20

By Fatih Karimov – Trend:

Over 53,000 tons of aluminum ingots were produced in Iran in the first two months of current Iranian fiscal year (March 20 – May 20).

The figure indicates a fall by two percent compared to the same period of preceding year, the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said.

Arak Aluminum company with 25,745 tons production was the biggest producers of aluminum ingot in Iran in the mentioned period, followed by Hormozal Aluminum Company with 16,354 tons and Almahdi Aluminium Company with 10,947 tons of production.

About 39,314 tons of alumina powder as well as 66,834 tons of aluminum hydrate also produced in the country during the 2-month period.

Alumina is a refined version of the raw ore bauxite. It is typically used to make aluminum, but in its high purity or 'chemical grade' form, it has non-metal applications that have sensitive military uses.

Iran’s proven mineral reserves stand at 37 billion tons.

The official website of Iran’s Industry, Mine, and Trade Ministry names exploratory operations in aluminum and iron ore mines as the top priorities of the ministry for investments.

Aluminum and Iron mines are also among the four top discovery priorities. According to the ministry, Iran daily produces 1.2 million tons of minerals.