IRALCO Iran and CREC China signed MOU $2 Billion
Today on 4 May 2016, Majid Pour Attar - CEO of Iranian Aluminium Co.(IRALCO) - signed an Memorandum of Understanding of investment with CREC China which is worth $2 Billion in Tehran, Iran.
According to me-metals, this project and investment will be done in 2nd Plant of IRALCO in Kheirabad Industrial Estate in Arak, Markazi Province in Iran.
Majid Pour Attar ,CEO of Iranian Aluminium Co.(IRALCO), announced this investment by CREC includes construction of one smelter, one 500 MW power station and anode project.
Moreover, Li Changjin is the Chairman of the Board of CREC China.
source: me-metals
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