# Arfem Alüminyum completes first phase of $130M investment in Diyarbakır

Arfem Alüminyum completed the first phase of a $130 million investment at its facility in Diyarbakır Organized Industrial Zone. The $30 million first phase includes a new aluminum billet casting plant with a monthly capacity of 6,000 tons and annual capacity of 72,000 tons.

- Type: Expansion
- Announced: 2024-11-24
- Where: Diyarbakır Organized Industrial Zone, Türkiye
- Value: $130.0M
- Starts operating: 24 Nov 2024
- Status: completed
- Capacity: 72,000 tons per year (aluminum billet)
- Products: aluminum billet, aluminum profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arfem Alüminyum](https://endata.com/companies/81269.md)

## Sources

- [ekonomigazetesi.com](https://www.ekonomigazetesi.com/sirket-haberleri/arfem-aluminyum-130-milyon-dolarlik-yatiriminin-ilk-fazini-tamamladi-40788), 2024-11-24: "Ulaşmış oldukları 85 milyon dolarlık yatırım hacmi ile 12 ülkeye gerçekleştirdikleri yıllık 30 milyon dolarlık ihracat ile Diyarbakır ihracatının yüzde 12'sini gerçekleştirdiklerini belirten Baran."

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