ALIR Cuts Annual Sales Forecast After Aluminium Smelting Line Damage

Iran Aluminium Company, traded as ALIR, cut its forecast sales for fiscal year 1405 from 947,558 billion rials to 904,226 billion rials in a Codal disclosure dated Saturday, October 31, 2026. These are company forecasts, not realised sales. Forecast production fell from 160,948 tons to 153,933 tons, and forecast sales volume from 164,868 tons to 157,913 tons. The company attributed the revision to pots on its new aluminium reduction line (line 6) being taken out of service after a technical power connection problem. ALIR estimated the running cost of sidelining the damaged pots at about 2,300 billion rials on average and the funds needed to restart them at about 3,600 billion rials, to be met from internal resources.