Iran Accounts for 0.7% of World Aluminum Production

The manager responsible for nonferrous metals at the Industrial Development and Renovation Organization (IDRO) said that Iran accounts for 0.7 percent of the world’s aluminum production.

Majid Ghodarzi added that Iran produced 168,000 tons of aluminum in the previous year.

Pointing to the projects in progress as well as the long-term and medium-term plans that are being implemented, Ghodarzi predicted that the upward trend in aluminum production in Iran will continue.

He said that Iran has skilled workers with technical expertise and has more experience in aluminum production than its regional competitors since it has been involved in the industry longer than neighboring countries.

He went on to say that aluminum is currently being produced at the Arak Complex, which was established in the early 1970s, and the Al Mahdi Complex, which was established about 6 years ago.

He said that the current production capacity of the Arak Aluminum Complex is 120,000 tons per annum and the figure stands at 60,000 tons per annum for the Al Mahdi Complex.

He noted that $700 million and Rls.1.02 billion has been invested in aluminum production projects.

He added that it is projected that the production capacity of the industry will hit 750,000 tons per year in 2011 and eventually rise to 1.5 million tons per year according to the aluminum industry ten-year development plan.

He expressed hope that the modernization of the Arak Aluminum Complex and the completion of Phase 1 and the implementation of phases 2 and 3 of the Al Mahdi Aluminum Complex would increase the aluminum production capacity of the country in the near future.

HK/HG

End

MNA