7 September 2010 - 18:48
Iran aluminum output up 6%

TEHRAN, Sept. 7 (MNA) -- Some 127,683 tons of aluminum have been produced in the first five months of current Iranian calendar year (started March 20).

 The amount shows six percent increase in comparison to the same period in the previous year, the Mehr News Agency reported.

 The Almahdi Aluminium Comapany exported 32,283 tons of aluminum worth $70,977,000 in the mentioned period. The amount shows a five percent increase in terms of volume and 53 percent rise in terms of value.

 Iranian Mines and Mining Industries Developing and Renovation Organization (IMIDRO) exported 39,619 tons of aluminum worth $84,468,000 in the five-month period. The figures show a 3 percent increase in terms of volume and 37 percent rise in terms of value.

 The largest and the most advanced aluminum plant of Iran, Hormozal, was inaugurated on January 9 in the southern city of Bandar Abbas.

 Hormozal aluminum plant with the annual production capacity of 147,000 tons came on stream at the cost of 400 million euros in imports of services and parts and about 2 trillion rials ($200 million) in domestic cost.

 The 230 KA technology has been applied in the project, IMIDRO said in a statement.

 Hormozal would add some 47 percent to the country’s annual production capacity, boosting it to 457,000 tons from the previous figure of 310,000.

 The plant is a joint venture between Iran and Italy. The giant project would create 7,700 direct and indirect jobs.

 MF/SJ

END

MNA

News Code 41758

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