Domestic Economy
0

SALCO's New Aluminum Ingot Production Line to Come on Stream

SALCO's New Aluminum Ingot Production Line to Come on StreamSALCO's New Aluminum Ingot Production Line to Come on Stream

South Aluminum Corporation (SALCO) located in Lamerd, capital of Lamerd County in Fars Province, will begin the production of 100,000 tons of aluminum ingots per year as of the next Iranian month (Nov. 22-Dec. 21).
Its production capacity is expected to reach 300,000 tons per year in a subsequent phase, the Ministry of Industries, Mining and Trade’s Shata News reported.
The final production capacity is expected to reach 1 million tons of aluminum ingots and billets per year.
SALCO aims to become Iran’s biggest aluminum producer and the fourth major producer in the Middle East.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com