Azerbaijan plans to produce aluminum

"In 2004 the plant produced 30,000 tons of aluminum and approximately 300,000 tons of aluminum oxisi. Te last is highest indicator over the past 20-year production. Export last year comprised $100m. The audit of the enterprise is currently underway," Ozkurt noted.

He spoke about the pans of construction of a new plant with designed production capacity of 50,000 tons of aluminum. Appropriate talks with the Chinese and western companies continue. "In 2006 the okisi production will be increased to 450,000 tons. This year we forecast to manufacture 400,000 tons. The enterprise will achieve production of 110,000 tons of aluminum through the advanced technologies," Ozkurt stressed. (Trend)

In accordance with the presidential decree from March 2001 Fondel Metal Participation B.V. undertook the management over the existing production for 25 years. In 2000 Azeraluminiy JSC was founded on the base of Zeylik Alunite Mine, Ganja Aluminum Plant and the Sumgayit Aluminum Plant.