Aluminum Production Will Exceed 400,000 Tons

Iran is expected to produce 1.5 million tons of aluminum by the end of ‘Vision 2025’, said the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Vajihollah Jafari added the figure will exceed 400,000 tons in the current Iranian year (started March 20). He said to attain this capacity, Alumina Mine’s 100,000-ton aluminum production project (North Khorasan province), the 276,000-ton South Aluminum plan and the 375,000-ton Khuzestan Aluminum scheme will be implemented, IRNA reported.

Noting that Iran’s aluminum production has improved by four ranks since 2005, he said Iran is expected to improve its global position by eight ranks to occupy the 14th position by the end of the Fifth Five-Year Development Economic Plan (2010-15).

He said more than $12.5 billion worth of mineral products was exported last year, indicating a 42-percent growth compared to the figure for the preceding year.

The official noted last year, non-oil exports exceeded $45 billion, adding the figure is expected to reach $70 billion this year. He recalled that aluminum production grew by 8.5 percent in the past year, while worldwide aluminum production growth rate was seven percent.

He said energy, raw materials and hydrocarbon materials are the three main components of aluminum production to which serious attention should be paid.