Iran signs contract with German company for producing Alumina Powder

Iranian Ministry of Industry, Mines and Trade on Saturday signed a 9.3 million euro worth contract with a German company for implementation of a project to produce Alumina Powder near the city of Sarab in northwestern Iran.

Deputy Minister of Industry, Mines and Trade Mahdi Karbasian told the signing ceremony in Tehran that the project could serve economic development of East Azarbaijan province.

Karbasian said the implementation of the project in the country would lead to producing an additional 200,000 tons of Alumina Powder, as raw material for producing Aluminum bars.

He said the project is projected to be completed within eight months and once completed it is expected to lead to direct employment of 2,000 persons and indirect employment of 10,000 others.

The city of Sarab is located 140 kilometers east of Tabriz, the capital city of East Azarbaijan province.

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