15:48 - 2.06.2026

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June 2, Fineko/abc.az. Azəralüminium LLC (Azeraluminium) plans to increase the annual export value to about 340 million manats by 2030.

ABC.AZ informs that Deputy Financial Director at Azəralüminium, Jeyhun Abdullayev, made this statement at the 31st Baku Energy Forum.

He noted that currently this figure is close to 80 million manats: "We are one of the largest producers and mainly export our products. We work with the markets of the USA, Turkey, Greece and the UK, which are major consumers of aluminum. Currently, our contribution to GDP is 85 million manats. By 2030, due to new investments, it should increase by 295 million manats. Now we pay approx. 9 million manats of income tax annually. By 2030, we plan to increase the tax contribution to nearly 23 million manats," he said.

According to the deputy director, the annual production capacity is expected to double within three years:

"Our primary aluminum capacity will be increased from 50,000 tons up to 100,000 tons a year by 2030. We are working on expanding rolled products, especially cold-rolled products, which should reach 50%. One of the key consumable components in aluminum production is anode blocks. We plan to invest in the production of anode blocks in Azerbaijan, which will have a positive impact on the country's economy."