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Saturday, August 15, 2026
Azerbaijan seeks to turn aluminum into pillar of industrial diversification [ANALYSIS]

Azerbaijan seeks to turn aluminum into pillar of industrial diversification [ANALYSIS]

Azerbaijan’s latest discussions with China’s Xinjiang Joinworld Co., Ltd. should be viewed as more than an effort to expand aluminum production. The country already has an established aluminum industry and, through Azeraluminium, remains the South Caucasus’ only producer of primary aluminum. The real opportunity lies beyond simply producing more metal. It is about using foreign technology, investment and expertise to take Azerbaijan’s aluminum industry to the next level—transforming existing industrial capacity into higher-value production and positioning the country further up the global industrial value chain.

Italy’s government debt hits record €3.2 trillion in June

Italy’s government debt hits record €3.2 trillion in June

Last June, general government debt increased by €26.2 billion compared to the previous month, reaching a record €3,207.2 billion, the Bank of Italy said Friday, AzerNEWS reports, citing ANSA.

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