Islamic Republic’s Aluminum Production Shows 65% Growth in 10 Months Despite US Unilateral Sanctions

  February 15, 2021   News ID 1961
Islamic Republic’s Aluminum Production Shows 65% Growth in 10 Months Despite US Unilateral Sanctions
Iran has produced 65 percent more aluminum in 10 months (March 20, 2020- January 19, 2021), according to a report.

Tehran, SAEDNEWS, Feb. 15: The total production for unwrought aluminum in four major smelters in Iran had reached 364,783 metric tons in the mentioned period, the report said, noting that the figure shows a 65% rise compared to the same period last year.

“Unwrought aluminum output topped 39,000 tons in the single month to January 19, a growth of 58 percent year on year,” it added.

Experts maintain that reinforcement of Iran’s metals and mining sector would diminish the government’s excessive dependence on crude revenues while it would boost jobs and lead to more manufacturing activity in the country.

In a relevant report in December, Iran’s Customs Administration (IRICA) announced that the country exported over 60,000 tons of aluminum worth $101.1 million during the first seven months of the current year (March 20-October 21, 2020).

The IRICA figures indicate that 61,147 tons of aluminum were exported during the 7-month period, showing an 84% and 56% rise in terms of tonnage and value respectively in comparison with the last year’s corresponding period.

Iran imported 102,091 tons of aluminum products worth $154 million during the same period, setting a 102% and 11% rise in volume and value respectively year-on-year.


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