NewsPrimary ALTehran, Moscow Discuss Russian Investment in Iran's Aluminum Industry
FARS News Agency

Tehran, Moscow Discuss Russian Investment in Iran's Aluminum Industry

Edited by : AL CIRCLE
1 min read
Senior Iranian industrial officials announced that Tehran and Moscow are in talks over the latter's investment in Iran's aluminum industry.

Head of the Iranian Mines and Mining Industries Development and Renovation Organization Khodamorad Ahmadi announced that Tehran and Moscow are in talks over Russian investment in Iran's aluminum industry.

"We have held dialogues with Russians for funding Iranian aluminum industry," Khodamorad Ahmadi told the Iranian students news agency.

Iran's aluminum production is expected to reach a total of 1.5 million tons by 2025, Ahmadi said.

Iran has received funds for producing 800,000 tons of aluminum products, he said, adding that the country has started negotiations with Russians for investments on the remaining amount.

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