aryobarzan
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Those beautiful "I" beams....Iran now amongst 10 big steel producers in the world...now that is progress..
Iran steel industry blasts out of the blocks despite sanctions
- Thread starter SubWater
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SubWater
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not steel but aluminum
News / Economy
Iran says aluminum output would reach over 450k tons till March
Wednesday, 22 April 2020 1:26 PM [ Last Update: Wednesday, 22 April 2020 1:26 PM ]
Iran’s total aluminum production is expected to surge by 63% till March 2021 to top 450,000 tons. (Photo by IRNA)
Iran’s production of aluminum would jump by more than 63 percent in the current calendar year ending March 2021 to reach over 430,000 metric tons, says the country’s minister for industries.
Reza Rahmani said on Wednesday that the total output for aluminum in the past calendar year ending March 19 topped 276,000 tons.
He said output would jump in the year ahead with the opening of SALCO, Iran’s massive aluminum smelter in the southern province of Fars.
“The aforementioned project has been completed in the city of Lamerd in Fars Province with an output capacity of 300,000 tons (a year) with an investment of around $1.2 billion,” said Rahmani, adding that by opening SALCO, Iran’s total output capacity for aluminum would reach 785,000 tons a year.
He added that SALCO would be the only aluminum plant in Iran benefitting from all components of aluminum production chain, including smelter, anode making and storage facilities, in one single location.
Iran opening first phase of $1 billion aluminum smelter in south
Iran is to open one of the largest aluminum smelters in the Middle East with over $1bn in investment.
The minister said the plant would enjoy the services of an exclusive port terminal on the Persian Gulf for the purpose of the exports of its products; a structure he said had cost the government more than $170 million to build.
SALCO is jointly owned by IMIDRO, Iran’s government-run holding for mining and metals, and Ghadir Investment Company, where Iran’s Social Security Organization and pension funds related to the armed forces are the main shareholders.
The plant is expected to directly employ more than 1,500 people, mostly from the local people, while 5,000 more jobs would be created on the company’s wider supply chain.
A first phase of the giant aluminum smelter had been planned to open in November but it was delayed because of a series of logistics issues.
https://www.presstv.com/Detail/2020/04/22/623642/Iran-aluminium-production-surge-minister
https://www.tasnimnews.com/fa/news/...رگترین-مجتمع-تولید-آلومینیوم-کشور-توسط-روحانی
Video
http://stream.tnews.ir/159432392_1510425bdbbe_480.mp4
News / Economy
Iran says aluminum output would reach over 450k tons till March
Wednesday, 22 April 2020 1:26 PM [ Last Update: Wednesday, 22 April 2020 1:26 PM ]
Iran’s total aluminum production is expected to surge by 63% till March 2021 to top 450,000 tons. (Photo by IRNA)
Iran’s production of aluminum would jump by more than 63 percent in the current calendar year ending March 2021 to reach over 430,000 metric tons, says the country’s minister for industries.
Reza Rahmani said on Wednesday that the total output for aluminum in the past calendar year ending March 19 topped 276,000 tons.
He said output would jump in the year ahead with the opening of SALCO, Iran’s massive aluminum smelter in the southern province of Fars.
“The aforementioned project has been completed in the city of Lamerd in Fars Province with an output capacity of 300,000 tons (a year) with an investment of around $1.2 billion,” said Rahmani, adding that by opening SALCO, Iran’s total output capacity for aluminum would reach 785,000 tons a year.
He added that SALCO would be the only aluminum plant in Iran benefitting from all components of aluminum production chain, including smelter, anode making and storage facilities, in one single location.
Iran opening first phase of $1 billion aluminum smelter in south
Iran is to open one of the largest aluminum smelters in the Middle East with over $1bn in investment.
The minister said the plant would enjoy the services of an exclusive port terminal on the Persian Gulf for the purpose of the exports of its products; a structure he said had cost the government more than $170 million to build.
SALCO is jointly owned by IMIDRO, Iran’s government-run holding for mining and metals, and Ghadir Investment Company, where Iran’s Social Security Organization and pension funds related to the armed forces are the main shareholders.
The plant is expected to directly employ more than 1,500 people, mostly from the local people, while 5,000 more jobs would be created on the company’s wider supply chain.
A first phase of the giant aluminum smelter had been planned to open in November but it was delayed because of a series of logistics issues.
https://www.presstv.com/Detail/2020/04/22/623642/Iran-aluminium-production-surge-minister
https://www.tasnimnews.com/fa/news/...رگترین-مجتمع-تولید-آلومینیوم-کشور-توسط-روحانی
Video
http://stream.tnews.ir/159432392_1510425bdbbe_480.mp4
Sina-1
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not steel but aluminum
News / Economy
Iran says aluminum output would reach over 450k tons till March
Wednesday, 22 April 2020 1:26 PM [ Last Update: Wednesday, 22 April 2020 1:26 PM ]
Iran’s total aluminum production is expected to surge by 63% till March 2021 to top 450,000 tons. (Photo by IRNA)
Iran’s production of aluminum would jump by more than 63 percent in the current calendar year ending March 2021 to reach over 430,000 metric tons, says the country’s minister for industries.
Reza Rahmani said on Wednesday that the total output for aluminum in the past calendar year ending March 19 topped 276,000 tons.
He said output would jump in the year ahead with the opening of SALCO, Iran’s massive aluminum smelter in the southern province of Fars.
“The aforementioned project has been completed in the city of Lamerd in Fars Province with an output capacity of 300,000 tons (a year) with an investment of around $1.2 billion,” said Rahmani, adding that by opening SALCO, Iran’s total output capacity for aluminum would reach 785,000 tons a year.
He added that SALCO would be the only aluminum plant in Iran benefitting from all components of aluminum production chain, including smelter, anode making and storage facilities, in one single location.
Iran opening first phase of $1 billion aluminum smelter in south
Iran is to open one of the largest aluminum smelters in the Middle East with over $1bn in investment.
The minister said the plant would enjoy the services of an exclusive port terminal on the Persian Gulf for the purpose of the exports of its products; a structure he said had cost the government more than $170 million to build.
SALCO is jointly owned by IMIDRO, Iran’s government-run holding for mining and metals, and Ghadir Investment Company, where Iran’s Social Security Organization and pension funds related to the armed forces are the main shareholders.
The plant is expected to directly employ more than 1,500 people, mostly from the local people, while 5,000 more jobs would be created on the company’s wider supply chain.
A first phase of the giant aluminum smelter had been planned to open in November but it was delayed because of a series of logistics issues.
https://www.presstv.com/Detail/2020/04/22/623642/Iran-aluminium-production-surge-minister
https://www.tasnimnews.com/fa/news/1399/02/03/2249417/فردا-افتتاح-بزرگترین-مجتمع-تولید-آلومینیوم-کشور-توسط-روحانی
Video
http://stream.tnews.ir/159432392_1510425bdbbe_480.mp4
aluminum production is generally vastly more difficult than steel production. This is a huuuuge achievement!
aryobarzan
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Yes you are correct..Aluminium production requires very high electricity consumption and a lot of countries around Iran have all electricity shortages Iran has surplus and relatively cheap electricity (thanks to free natural gas and MAPNA power generation technologies) . Iran also has vast deposits of Aluminium ..combined together the Aluminium produced in Iran can be exported very competitively....
QWECXZ
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Well, yeah but the US has already sanctioned Iran's aluminum exports.
aryobarzan
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Yes the sanctions are on but controlling the exports of industrial products is not as easy as oil exports..and by giving discounts Iran has been able to actually increase the exports of mineral products under the sanctions...
QWECXZ
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You are right. Monitoring it is indeed more difficult than tracking oil tankers, but there's still the issue of financial transactions between Iran and customer countries. Nearly all banks in Europe and Asia refuse to accept transactions to/from Iran.
SubWater
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more aluminum
https://www.iribnews.ir/files/fa/news/1399/2/7/4770035_344.mp4
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https://www.iribnews.ir/files/fa/news/1399/2/2/4752412_528.mp4
https://www.iribnews.ir/files/fa/news/1399/2/7/4770035_344.mp4
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https://www.iribnews.ir/files/fa/news/1399/2/2/4752412_528.mp4
SubWater
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Philosopher
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Sponge iron production increases 11%
June 19, 2020 - 10:27
TEHRAN- Production of sponge iron in Iran rose 11 percent during the first two months of the current Iranian calendar year (March 20-May 20) compared to the same period of time in the past year, IRNA reported.
As reported, 5.552 million tons of sponge iron has been produced during the two-month period of this year, rising from 4.994 million tons produced in the same time span of the previous year.
Iran’s production of sponge iron has climbed six percent to 27.907 million tons in the past Iranian calendar year (ended on March 19), from 26.359 million tons in its preceding year, according to the data released by Iranian Steel Producers Association (ISPA).
The country’s export of sponge iron has also risen 77 percent in the past year.
Meanwhile, sponge iron consumption in the country increased four percent to 26.965 million tons from 25.826 million tons on an annual basis.
Three projects each with a capacity of 800,000 tons were launched in the country during the past Iranian year.
The projects were put into operation in the southeastern province of Kerman, South Khorasan Province in east and Chaharmahal-Bakhtiari Province in the southwest of the country.
Iran is only second to India globally in terms of the volume of sponge iron production. The country is the 10th largest steel producer in the world.
Sponge iron is a metallic product produced through the direct reduction of iron ore in the strong state. It is a substitute for scrap and therefore is mostly applicable in making steel through the secondary route. The procedure of sponge iron making aims to expel the oxygen from iron ore.
MA/MA
https://www.tehrantimes.com/news/448959/Sponge-iron-production-increases-11
June 19, 2020 - 10:27
TEHRAN- Production of sponge iron in Iran rose 11 percent during the first two months of the current Iranian calendar year (March 20-May 20) compared to the same period of time in the past year, IRNA reported.
As reported, 5.552 million tons of sponge iron has been produced during the two-month period of this year, rising from 4.994 million tons produced in the same time span of the previous year.
Iran’s production of sponge iron has climbed six percent to 27.907 million tons in the past Iranian calendar year (ended on March 19), from 26.359 million tons in its preceding year, according to the data released by Iranian Steel Producers Association (ISPA).
The country’s export of sponge iron has also risen 77 percent in the past year.
Meanwhile, sponge iron consumption in the country increased four percent to 26.965 million tons from 25.826 million tons on an annual basis.
Three projects each with a capacity of 800,000 tons were launched in the country during the past Iranian year.
The projects were put into operation in the southeastern province of Kerman, South Khorasan Province in east and Chaharmahal-Bakhtiari Province in the southwest of the country.
Iran is only second to India globally in terms of the volume of sponge iron production. The country is the 10th largest steel producer in the world.
Sponge iron is a metallic product produced through the direct reduction of iron ore in the strong state. It is a substitute for scrap and therefore is mostly applicable in making steel through the secondary route. The procedure of sponge iron making aims to expel the oxygen from iron ore.
MA/MA
https://www.tehrantimes.com/news/448959/Sponge-iron-production-increases-11
SubWater
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Iran’s estimated copper reserves climb by 528mln tons
Saturday, 25 July 2020 3:35 PM [ Last Update: Saturday, 25 July 2020 3:35 PM ]
Iran reports new copper discoveries of nearly 528 million tons, becoming the world’s 7th largest holder. (Photo by IRNA)
Iran has found new copper reserves of around 528 million metric tons to become the world’s seventh largest holder of such reserves, says an industry chief.
Head of the National Iranian Copper Industries Company (NICICO) said on Saturday that more reserves could be found in the near future enabling Iran to outweigh Indonesia in the terms of the size of copper reserves.
“Our country currently holds 4.2 percent of the global reserves,” said Ardeshir Sa’admohammadi, adding that new copper discoveries had been reported in southeast and northwestern Iran.
That comes as Iran had the ninth largest reserves of copper in 2011 at 32.5 million tons.
The country has been investing heavily in the mining and metals sector amid efforts to diversify the economy away from oil and create new sources of income for the government.
Iran has already pocketed billions of dollars from exports of various metals despite a series of American bans targeting the industry since May 2019.
Iran’s copper exports doubled in 2019-2020 to surpass $1bn
Total sales of the National Iranian Copper Industry Company were about $1.5 billion.
Sa’admohammadi said key copper reserves in Iran, which are located in provinces of Kerman and East Azerbaijan, would serve more than 100 years of output at current production level.
He said Iran plans billion of dollars of new investment in the copper industry in the next 10 years.
The NICICO chief said, however, that four new copper smelters are due to open in Iran to add nearly 150,000 tons to the current capacity for production of copper concentrates.
Iran produced 1.1 million tons of copper concentrates in the year ending March while copper cathode production topped a quarter of million tons in the same period.
Sa’admohammadi said figures recorded last year were unprecedented, adding that cathode production is planned to reach 300,000 by March 2022.
Saturday, 25 July 2020 3:35 PM [ Last Update: Saturday, 25 July 2020 3:35 PM ]
Iran reports new copper discoveries of nearly 528 million tons, becoming the world’s 7th largest holder. (Photo by IRNA)
Iran has found new copper reserves of around 528 million metric tons to become the world’s seventh largest holder of such reserves, says an industry chief.
Head of the National Iranian Copper Industries Company (NICICO) said on Saturday that more reserves could be found in the near future enabling Iran to outweigh Indonesia in the terms of the size of copper reserves.
“Our country currently holds 4.2 percent of the global reserves,” said Ardeshir Sa’admohammadi, adding that new copper discoveries had been reported in southeast and northwestern Iran.
That comes as Iran had the ninth largest reserves of copper in 2011 at 32.5 million tons.
The country has been investing heavily in the mining and metals sector amid efforts to diversify the economy away from oil and create new sources of income for the government.
Iran has already pocketed billions of dollars from exports of various metals despite a series of American bans targeting the industry since May 2019.
Iran’s copper exports doubled in 2019-2020 to surpass $1bn
Total sales of the National Iranian Copper Industry Company were about $1.5 billion.
Sa’admohammadi said key copper reserves in Iran, which are located in provinces of Kerman and East Azerbaijan, would serve more than 100 years of output at current production level.
He said Iran plans billion of dollars of new investment in the copper industry in the next 10 years.
The NICICO chief said, however, that four new copper smelters are due to open in Iran to add nearly 150,000 tons to the current capacity for production of copper concentrates.
Iran produced 1.1 million tons of copper concentrates in the year ending March while copper cathode production topped a quarter of million tons in the same period.
Sa’admohammadi said figures recorded last year were unprecedented, adding that cathode production is planned to reach 300,000 by March 2022.
No. It's because those who loot the money make the laws.
And that also applies to Iranians abroad, so if you hold an Iranian passport but live in UK, and open up a UK bank account, I cant send you money.
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