Domestic Economy
0

Aluminum Production Rises 71% Over Six Months

Aluminum Production Rises 71% Over Six Months
Aluminum Production Rises 71% Over Six Months

Iranian aluminum producers had an aggregate output of 211,779 tons of ingots during the first half of the current Iranian year (March 20-Sept. 22) to register a 71% rise compared with the corresponding period of last year's 123,576 tons. 
According to the latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), flagship producer Iran Aluminum Company (IRALCO) accounted for the highest volume of the total output with 95,723 tons, up 7.47% year-on-year.
IRALCO is the top producer of aluminum in Iran. Inaugurated in 1972, the plant has an annual production capacity of 180,000.
It was followed by Hormozal Aluminum Company with 45,444 tons, up 166% YOY; Almahdi Aluminum Company with 33,988 tons, up 133% YOY; South Aluminum Company (SALCO) with 25,379 tons and Iran Alumina Company with 11,227 tons.
The overall output during the month to Sept. 20 amounted to 36,025 tons, indicating an 84% rise YOY.

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