# Iran plans $3.9 billion in mining projects including South Aluminum Smelter

Iran plans to launch nearly $3.9 billion worth of projects in the mining industry by March 2020, including the South Aluminum Project in Fars province, expected to open in November 2019. The projects aim to employ 10,000 people and increase steel production to 39 million tons per year.

- Type: Investment
- Announced: 2019-09-22
- Where: Fars province, Iran
- Value: $3.90B
- Jobs: 10,000
- Starts operating: Nov 2019
- Status: announced
- Products: aluminum, steel, copper cathode, graphite electrodes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [IMIDRO](https://endata.com/companies/42249.md)

## Sources

- [images.globalsecurity.org](http://images.globalsecurity.org/wmd/library/news/iran/2019/iran-190922-presstv06.htm), 2019-09-22: "The South Aluminum Project, planned to be opened in November in Fars province, would seek to compensate for the reduced exports of aluminum from Iran over the past years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.