Domestic Economy

46% Rise in Iran's Aluminum Ingot Output

46% Rise in Iran's Aluminum Ingot Output46% Rise in Iran's Aluminum Ingot Output

Iranian aluminum producers had an aggregate output of 30,030 tons of aluminum ingots during the first month of the current Iranian year (March 20-April 19), which indicates a 46% increase compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.
Flagship producer Iran Aluminum Company (IRALCO) accounted for 16,148 tons of the total output, posting a 6% growth year-on-year.
It was followed by Hormozal Aluminum Company with 6,809 tons, up 159% YOY; Almahdi Aluminum Company with 5,440 tons, up 118% YOY; and Iran Alumina Company with 1,633 tons (no data on YOY changes).
Iran Alumina Company produced 20,899 tons of alumina powder during month, up 14% YOY.


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