May 25, 2019, 8:10 PM

Production of aluminum ingot tops 20,000t in 1st month

TEHRAN, May 25 (MNA) – More than 20,000 tons of aluminum ingots were produced in the first month of the current Iranian calendar year (March 21 – April 21).

Production of aluminum ingots in Iranian Aluminum Company (IRALCO) and Al-Mahdi Aluminum Corporation exceeded 20,400 tons in the time period.

According to statistics, Iranian Aluminum Company (IRALCO) accounted for about 75 percent of the country’s total aluminum production volume.

The three large aluminum production companies of IRALCO, Hormozal and Al-Mahdi produced about 15,297, 2,625 and 2,493 tons of aluminum ingot respectively in the same period.

Also, Iranian Alumina Company in Jajarm, North Khorasan province, produced 18,259 tons of alumina power [raw material needed for producing aluminum] in the same period, showing a 11 percent decline as compared to the last year’s corresponding period.

The report put the total exports value of mining and mineral sector in the past year (ended March 20, 2019) at more than $9.226 billion.

MA/IRN83326356

News ID 145705