Hormozgan Aluminum Complex (Hormozal), an $800M joint investment between Iran and Italy, came on stream in the industrial zone located in Bandar Abbas, in the south of Iran.
The 147kt capacity plant will eventually reach to 257kt, accounting for more than 60% of total aluminium production in the country.
The 90000m2 plant, with 228 boilers, uses 230-D20kA technology, declining anode up to 6600t, as well as increasing the rate of capacity up to 37kt compared with the technology used in Almahdi.
Overseas investment was €300M – the highest overseas capital invested in the history of Iran’s aluminium industry. Ali Akbar Mehrabian, Iran’s Minister for Mines and Industries said aluminium was one of the most important metals.
Per capita consumption is expected to double in the next five years and another two projects are under construction: a 250kt/y site at South Lamerd and a 300kt/y site at Masjed Soleiman.
He added that the plant’s technology will save energy. It uses 13.6kW of electricity per kg of ingot compared to 18kW before.