Reaching 25 thousand tons by the end of this year

According to Mining News Pro - Touraj Zare said that due to the pandemic, the aluminum price had fallen but after maintaining the situation the table turned.

“Currently the prices have improved by reaching $2000 and we expect a better price situation in 2021. We expect that price fluctuates around $2000 to $2300,” Zare said.

“Compared to last year, Iran Alumina Company has increased production by 3% in the alumina powder production sector however, due to the fact that one of our mines faced problems because of environmental disputes and false pretenses, our production decreased and couldn’t follow up the plan,” he explained.

“In the aluminum ingot section, we put more boilers into operation and now our production level is 17,000 tons, which we hope will reach 25,000 tons by the end of the year. I predict that we will reach full capacity by the end of February and all the other boilers will enter the circuit. We hope to have full capacity production (40,000 tons) next year,” he added.