Iran News ...


09/23/11

World's Largest Aluminum Producer Keen on Joint Venture with Iran

Source: Fars News Agency, Tehran

The world's largest aluminum producer, UC RUSAL, said it is much interested in expanding work in Iran. The Kommersant newspaper reported RUSAL was looking at a partnership to build a $1 billion smelter, to consist of two potlines of equal size, and a 650 megawatt power station.

Hormozal aluminum plant Bandar Abbas, Iran
Hormozal aluminum plant Bandar Abbas, Iran

Russia built Iran's Bushehr nuclear power plant, which joined the grid earlier this month.

The report follows an agreement between Russia and Iran to jointly develop the Mehdiabad zinc and lead deposit in Iran.

Kommersant said that Iranian authorities and the head of state industrial holding Russian Technologies, Sergei Chemezov, agreed to back RUSAL's talks during a meeting of a Russian-Iranian business cooperation council, where the agreement on zinc mining was also reached.

The talks between RUSAL and the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) envisages cooperation on production of alumina and industrial mineral nepheline syenite in addition to the construction of the smelter.

Related Report: Iran, Russia in Joint Venture to Set up World's Largest Zinc Company

... Payvand News - 03/25/16 ... --



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