Economy
Fri Aug 07, 2020 2:48
Iran’s Aluminum Output Rises 50% despite Economic Pressures
TEHRAN (FNA)- Caretaker of the Ministry of Industry, Mine and Trade Hossein Modarres Khiabani said that Iran has increased aluminum production by 50 percent in spite of the tough economic conditions caused by sanctions.

Khiabani said on Thursday that launching every economic project is a thorn in the eyes of the enemies, adding that the production sector will strongly continue the path of progress even in the most tough economic conditions.

It was announced in mid-March that Iran is expecting significant surge in its aluminum production, as national prospective plans are directing towards an increase by more than 60 percent in the current local calendar year (March 20, 2020-March 20, 2021).

Iran's aluminum production capacity will increase by more than 60 percent this year compared to last year, based on country's Mine and Mining Industries Roadmap and the Ministry of Industry, Mine and Trade's four-year plan (2018-2021).

The statistical tables of the Roadmap of the Mine and Mining Industries of the country indicate that the country's aluminum production capacity reached 422,000 tons in 2017, and production amounted to 337,000 tons and in addition, the production of alumina powder amounted to 220,000 tons.

 

 

 

 

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