Iralco as the first producer of aluminium in Iran and Middle East, is located in ARAK – Tehran Road and the area of the plant is 232 hectares . The capacity is 180000 tons /ALPY ,consisting of different  pure ingot in the shape of T-bar, 50 Lb ,casting alloys ,billets ,slabs. The products of the firm are produced according to the international standards, and the minimum purity degree of its aluminum is 99.80% .

IRANIAN ALUMINIUM CO(IRALCO) PROJECTS  FOR  INVESTMENT
IRALCO 2nd Phase Aluminium Smelter Plant In ARAK ,IRAN Feasibility study for second phase of a Greenfield aluminum smelter plant in Arak has been accomplished. The project consists of quarry development, market study, site location, technology selection, engineering, equipment lists, vendor list, available port facility, choice of energy (electricity) & power plant, economic analysis and the construction of a Greenfield aluminum smelter plant, producing pure aluminum metal and aluminum alloys products.
Iranian Aluminum Corporation (IRALCO) intends to construct Primary Aluminum Smelter Plant with the capacity of 350000 tons per year with 400 KA technology with 1200 Million USD Investment. The plant consists of reduction plant, carbon plant and material handling system.  

Request for Financing  Anode Plant Project
Based on financial analysis (comfar III), Internal rate of return of investment is 22.13% , internal rate of return of equity is 22% , normal payback is 6.8 years , net present value with 20% discount is 6.7 million USD. The financial sensitive analysis showed that the market price of Anode and petroleum coke has impact on IRR of the plant. Significant infrastructure advantages, low rate of electricity, natural gas, water, man power and availability of mainline railway, Provincial highways, proven technology package. Stable , globally completive energy ,natural gas , an efficient local labour, considering  petroleum coke long term contract, sale of whole product to Iralco are the key factors lied to the viability of project to minimize risks for Iralco Anode plant project company. The study shows that Iralco's Anode plant is technically feasible and economically viable.

Progress of the Project
The progress of the project is 43.8% and the investment for the project so far is above 45 million US$.
We expect to receive any proposal from different institute/company for investment by finance/loan / shareholder schemes for the execution of the project with the remaining sum of 100 million US$. 
Request For Investment Of Power Plant Project On BOO Scheme

Power plant capacity
Electricity cost is 35% of primary Aluminium production , so the supply of cheap and permanent electricity is very important for primary aluminium producers and regarding to this matter most of the aluminium producers prefer to construct power plant adjacent to the aluminium smelter.
The demand of electricity for Iralco's new aluminium smelter plant with 350 kt/y capacity is approximately 560 MWH. The power plant consist of two gas turbine and one steam turbine with 162 MW nominal capacity of each units. The total nominal capacity of power plant is 486 MW with 4257360 MWH/Y production. Considering the site sea level (1800 m above sea level) site temperature, 8760 working hour per year, life of power plant 95% and etc , the real power plant capacity will reaches to 398 MW with 3441072 MWH/Y. The heating efficiency of power plant is 51% and the natural gas and gasoline (secondary fuel) consumption per kw is 0.185 and 0.196 m3/hr respectively.

Working Time Schedule
According to the working time schedule of  the power plant, the gas portion will commission 24 months after effectiveness of ECA contract and steam portion will commission 36 months after effectiveness of ECA contract.
Construction Of Power Plant On BOO Scheme
Life of ECA contract is 20 years and Iralco is responsible for supply of natural gas and land. 50 hectares of land and 90000 m3/hr natural gas is ready for construction and production of power plant.
According to normal practice in Iran, the price of natural gas per cubic meter for power plants is 700 Rials (0.02 US$) and the price of BOO per kw production of electricity is approximately 600 rials (0.017 US$).

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