Tajik aluminium output 14pct down – 258148 – 2012-04-08

Posted: April 10, 2012 in Confrontation, Economy and Resources, Environment, Geography, Health, History, Human Rights, International, Language, Politics, Region, Relations, Resources, Tajikistan

Business Recorder reported that Tajikistan’s state owned aluminium smelter the largest in Central Asia, reduced output by 14.2% YoY in the Q1 of 2012 to 73,362 tonnes.

A source said that Tajikistan Aluminium Company known as TALCO, plans to produce 332,500 tonnes of primary aluminium this year. It produced 377,584 tonnes in 2011 down 20.4% from the total the year before. Aluminium exports account for more than a half of Tajikistan’s entire export revenues.

Ex Soviet neighbour Uzbekistan, which is the sole natural gas exporter to Tajikistan halted its supplies of the fuel on April 1st 2012 after saying its 3 month contract with Dushanbe had expired and it needed to fill a gas pipeline running to China.

Tajik industry officials said that the move would deal a severe blow to the country’s shaky economy.

A TALCO official said that the company, which underwent a costly overhaul last year could have to shelve its output growth plans if Uzbek gas was not supplied for a long period of time. TALCO’s output grew by 8.9% in March compared to February but fell by 12.0% YoY.

The TALCO source said that despite the absence of gas this month, we still hope to keep up our growth tempo and achieve our target for this year.

via Tajik aluminium output 14pct down – 258148 – 2012-04-08.

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