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Iran Aluminium Company, listed under the FAYRA ticker, says an electrical fault temporarily took a number of reduction cells out of service on its new Line 6. The company issued a clarification following reports of a production disruption.
Chief executive Alimardan Azimi said management and technical teams had the situation under control and were working to restore the affected cells as quickly as possible.
The company lowered its projected aluminium output by about 7,000 tonnes and estimated the cost of restarting the affected cells at around 360 billion tomans. The original Persian report contains the company's detailed disclosure.