Islamic Republic of Iran

Major Aluminium And Copper Plants To Come Online By Next Spring In Iran

Major Aluminium And Copper Plants To Come Online By Next Spring In Iran

Iran’s state-owned media announced on Monday that major aluminium and copper plants will begin production by the end of next spring. Deputy Minister of Industries, Mining and Trade Mehdi Karbasian was quoted as making the announcement, which is in line with the...

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Events

Iran Smelts 82 Thousand Tons of Aluminium in Q1

Iran Smelts 82 Thousand Tons of Aluminium in Q1

According to numbers just released by the Iranian Mines and Mining Industries Development and Renovation Organization, Iran’s mining sector churned out 84.89 million tons of minerals from mid-March to mid-June, which is a 9.49-percent increase year on year. The period of March 21 through June 21, which corresponds with Iran’s first quarter of the fiscal […]

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Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

India’s state-owned smelter National Aluminium Company Ltd (Nalco) announced yesterday that all overseas projects have been put on hold so that the company could concentrate upon increasing its domestic capacity. Among the projects put on hiatus is Nalco’s investigation of building a smelting operation in Iran. “Iran’s proposal is attractive as long as gas prices […]

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Nalco Senior Execs to Visit Iran Next Month

Nalco Senior Execs to Visit Iran Next Month

India’s state-owned firm National Aluminium Co. Ltd (Nalco) is sending a study group comprised of senior executives to Iran next month. The group is tasked with examining the feasibility of building and operating an aluminium smelter and powering it with a gas-fired power plant. An ease in sanctions on Iran and an increased emphasis on […]

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Nalco Eyeing Iran as Potential Home for New Smelter

Nalco Eyeing Iran as Potential Home for New Smelter

India’s state-owned aluminium producer National Aluminium Company Limited (Nalco) is looking abroad for a location to build its planned 500,000 metric-ton-per-annum aluminium smelter. According to the company’s top executive, the Islamic Republic of Iran is at the top of the list. “Three things push up the production cost of aluminium in India – energy, labor […]

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Sinosteel Inks Deal with Iran for Three Aluminium Projects

Sinosteel Inks Deal with Iran for Three Aluminium Projects

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and the People’s Republic of China’s Sinosteel Corporation signed a Memorandum of Understanding (MOU) last week to implement three aluminium projects in the Islamic Republic of Iran. Per the MOU, Sinosteel Equipment and Engineering Co. LTD, one of Sinosteel’s specialized companies, will build three […]

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