Sherali Kabirov, who was appointed on November 3 to head the Ministry of Industry and New Technologies, is expected to continue to run the Tajik Aluminum Company (TALCO) as well.
A source close to TALCO’s management told Asia-Plus this on the basis of anonymity. According to him, an agreement was reached at the level of the country’s political leadership that Sherali Kabirov will continue to run TALCO as well.
“Perhaps in the future, this decision will change, but now they have come to such an agreement,” the source added
Meanwhile, Igor Sattarov, the head of the TALCO Information Department, says he has no information about that.
“Appointment of the Chairman of the Board of Directors of the Tajik Aluminum Company as the Minister of Industry and New Technologies came as a complete surprise to us. We still have no information whether Sherali Kabirov will remain at the post of Chairman of the Board of Directors of the Tajik Aluminum Company or not,” Sattarov told Asia-Plus in an interview.
The Tajik Aluminum Company (TALCO) is one of the ten largest aluminum smelters in the world. It consumes more than 30 percent of the country’s electrical power. TALCO is wholly owned by the Tajik government. Tajikistan does not mine alumina but imports the raw material through tolling arrangements.
Construction of the Tajik aluminum plant (TadAZ) began in 1972, and the first pouring of aluminum took place on March 31, 1975. The Tajik aluminum smelter has a rated capacity of 517,000 tons of primary aluminum per year.
On April 3, 2007, TadAZ was officially renamed to TALCO – Tajik Aluminum Company.
