Iran to open $200m aluminum plant in January 

(MENAFN) IRNA news agency reported that Hormozal, the biggest aluminum plant in Iran, will be opened in the southern city of Bandar Abbas next month. According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), about $200 million have been invested in the project. IMIDRO added that Hormozal has an annual capacity of 147,000 tons and will produce 47 percent of the aluminum in Iran. It said that some 700 jobs will be created directly and 7,000 jobs indirectly by implementing the project. The most advanced technology in the aluminum industry, namely the 230 KA, has been applied in the project, it stated. Hormozal plant has been built adjacent to Almahdi aluminum plant and the total aluminum capacity in the country will reach 457,000 tons when this plant comes on stream.