Zawya reported that companies such as Iralco, Almahdi and Hormuzal produced 59,253 tonnes of aluminum ingots indicating 3% rise compared to the corresponding figure of last year.

They produced 57,582 tonnes of aluminum ingots during March 21st to May 21st 2012. Also, production of alumina powder reached 41,903 tonnes during the same period.

The weight and value of aluminum ingots reached 26,893 tonnes and IRR 1.8 trillion respectively during March 21st to May 21st 2013 showing a 118% rise in weight and 218% growth in value YoY. The weight and value of aluminum ingots stood at 12,348 tonnes and IRR 574.7 billion respectively during March 21st to May 21st 2012.

Mr Vajihollah Jafari deputy Minister of Industries, Mines and Trade of Iran said earlier that Iran's aluminum output would hit 1.5 million tonnes by the end of the country's 20 Year Vision Plan which runs until March 2025.

He said that Iran's ranking in aluminum production has risen by four places since 2005 to number 22 in the world in 2012. Iran plans to become the world's 14th leading aluminum producer by the end of the Fifth Five Year Economic Development Plan.