South Aluminum Industries Complex (SALCO) was founded in 2003 according to its industrial development goals in energy-consuming sector with the goal of export, eradication of poverty, employment and increased productivity of the natural gas reserves through the construction of aluminum smelter factories with a capacity of approximately one million tons in three independent phases. In order to use the country's huge gas reserves the company has been established by 51% of Ghadir company investment and 49% of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Main goals of SALCO are becoming first pole in aluminum industry in the country and one of the four largest firms in the Middle East region by increasing the production capacity in the aluminum sector in order to create added value in the energy sector and access to developing markets for export. In the comprehensive plan of the company one million tons of annual production of primary aluminum and alloys in three independent phase is defined and approved.

A contract has been signed for the first phase of the project with a capacity of 300 thousand tons with EPCF method with China nonferrous engineering and construction company (NFC) which is one of the world's most prestigious companies in the design and construction of aluminum smelting plants and the operation begun in January 2005. According to the project schedule, the first hot metal will be produced in August 2018 and May 2019, the factory have been launched at full capacity and exploration operation of the project will begin. The technology used in the project is production line amperage of 430 kA with 94% efficiency which is the most advanced technology in the world.
 Another benefit of the project is its deployment in Special Economic Zone of Lamerd and Parsian which is in proximity to huge gas reserves in Parsian and Asaluyeh region. It also can enjoy advantages of the country's special economic which include the following:

- Free admission and no duty for machineries, spare parts, raw materials and building materials for the construction of production units, trade units and services in the area.
- Possibility of exporting goods made from raw materials and foreign goods in the region to overseas without the obligation to observe the general rules of export and import.
- The possibility of investment for foreign and Iranian investors in any kind of productive activity and trade based on any amount of stock.
- Foreign investment is guaranteed by the state.
- Freedom of entry and exit of capital and profits from economic activity in the region.
- Taking advantage of recruiting foreign forces in the region.
- Aluminum smelters (CPR), foundry, anode-making, storage and silos for raw materials and emissions control systems of SALCO   will be built in an area of 200 hectares in the Lamerd special economic zone.
In order to  import raw materials and export their products to required port facilities including the waterfront with docking facilities for ships with a capacity of 45,000 tons. Conveying systems and silos warehouses of raw materials in an area of about eight hectares will be built in Parsian special economic zone.
One of the competitive advantages of the company's plan is building of a private power plant with a capacity of 960 MW in an area of 80 hectares. This power plant is combined cycle type with class F turbines and 8/58 percent efficiency.
Obeying HSE standards, staff training as well as building a private clinic and fire stations were company's measures to protect the health and safety of employees, contractors and the Employer. Towards achieving its goals including production one million tons of primary aluminum and alloys, SALCO has put launching the phases 2 and 3 of its comprehensive plan with the capacity of 350 thousand tons per phase.
A 100 hectares of land dedicated to build a downstream industries park in the vicinity of the company's aluminum production site in the Lamard Special Economic Zone. To complete production chain of aluminum industry, SALCO is negotiating with large and reputable companies and foreign and domestic investors and to raise funds for downstream industries.
Existing infrastructure in the region, benefits from the special economic zone, access to skilled and experienced labor and the possibility to provide molten aluminum given the sharp decline in last price of  products, has created a very good and attractive condition for partnership and investment.

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