ISNA
Iran in talks with Russia for investment on aluminum industry
Edited by : AL CIRCLE
1 min read
TEHRAN (ISNA)-The Head of Iranian Mines, Mining Industries Development and Renovation Organization Khodamorad Ahmadi said the company has held talks with Russia for investment on Iranian aluminum industry.
"We have held dialogues with Russians for funding Iranian aluminum industry. Russia does not accept Iran's gas price. We will hold sessions with Iranian Oil Ministry and inform Russians of the ministry's view on gas price," he told ISNA.
He added Iran's aluminum production should total 1.5 million tons by 2025. So far the fund for 800,000 tons of which has been provided and we have started negotiations with Russians for the remaining 900,000 tons.
"We have held dialogues with Russians for funding Iranian aluminum industry. Russia does not accept Iran's gas price. We will hold sessions with Iranian Oil Ministry and inform Russians of the ministry's view on gas price," he told ISNA.
He added Iran's aluminum production should total 1.5 million tons by 2025. So far the fund for 800,000 tons of which has been provided and we have started negotiations with Russians for the remaining 900,000 tons.
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