South Aluminum Corporation
South Aluminum Corporation, branded as SALCO, is confirmed as the English name used by the company for the aluminum complex in Lamerd. The company reports primary aluminum products including ingots, billets and slabs; its reported Phase 1 capacity is 300,000 metric tons per year.
Operations & footprint
Products and services
South Aluminum Corporation, commonly known as SALCO, produces primary aluminum products including ingots and related cast aluminum outputs. Its activity is tied to Lamerd Special Economic Zone, energy-intensive smelting, domestic industrial demand, non-oil export ambitions, alumina and carbon-material supply, and logistics links from southern Iran toward ports and downstream users.
Operations and assets
Primary aluminum complex in the Lamerd Special Energy Economic Zone. Phase 1 capacity is reported as 300,000 metric tons per year. The complex was inaugurated in April 2020.
Geographic footprint
Operations are in Lamerd, Fars Province. The company also has a corporate office in Tehran.
Ownership & group structure
Ownership
51% Ghadir Investment Company; 49% Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), as reported in sources dated June 2024.
Commercial and investment relevance
In the Hormuz investment graph, South Aluminum Corporation connects primary aluminum, energy supply, special economic zone infrastructure, port-linked logistics, export-sensitive metals markets, and downstream industrial users. It is useful for screening aluminum-sector capacity, energy-risk exposure, supplier and customer relationships, raw-material logistics, and opportunities in value-added aluminum processing. Foreign-facing analysis should verify ownership, current operating status, export channels, sanctions exposure, energy availability, input sourcing, environmental obligations, and counterparty reliability before commercial reliance. SALCO supplies primary aluminum forms used by industrial and downstream metal-processing customers. It is relevant to counterparties assessing aluminum supply, procurement and industrial inputs in Iran.
Constraints, risk & compliance
Key risks and constraints
Transaction-specific diligence is needed on current production, electricity and other utility availability, feedstock arrangements, logistics, product qualification, commercial counterparties and compliance obligations.
Sanctions and compliance considerations
Not assessed in the supplied evidence.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does South Aluminum Corporation produce?
SALCO produces primary aluminum products, including aluminum ingots, billets and slabs.
Where is SALCO located?
Its operational headquarters and aluminum complex are in the Lamerd Special Energy Economic Zone in Fars Province, Iran. The company also maintains a corporate office in Tehran.
What is SALCO's reported production capacity?
Phase 1 capacity is reported at 300,000 metric tons of aluminum per year. Current production should be confirmed directly for any commercial assessment.
Who owns South Aluminum Corporation?
Sources dated June 2024 report ownership of 51% by Ghadir Investment Company and 49% by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).