Production of aluminum ingot in Iran rose 20 percent during the past Iranian calendar year (ended on March 20), as compared to its preceding year, according to the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
The IMIDRO’s data put the annual production of aluminum ingot at 538,633 tons, while the figure stood at 446,836 tons in the preceding year, and 278,318 tons a year earlier.
Among the country’s four major producers, Iranian Aluminum Company (IRALCO) had the best performance in the previous year producing 177,058 tons of aluminum ingots, although the figure was 185,000 tons in its preceding year.
South Aluminum Corporation (SALCO) produced 173,594 tons, production by Almahdi Aluminum Company stood at 150,738 tons, and Iran Alumina Company produced 37,243 tons of aluminum ingots in the Iranian calendar year 1400, the IMIDRO’s data indicated.
Annual production of the aluminum ingot in the country had been planned to increase 63 percent in the past year.
Iranian officials estimate the country’s aluminum sector has a value of $22 billion, which is sufficient to meet the country’s aluminum needs.
At present, Iran is the 18th biggest aluminum producing country in the world.
The country plans to reach the annual production of 1.5 million tons of aluminum ingot by the calendar year to March 2026.