Subsidiary of Novafives S.A.S.
"Fives is the industrial engineering group, designer and supplier of equipment, machinery and production lines for big industries worldwide including aluminium. Fives has been known for its 8400 personal based in more than 30 countries around the world and its technical expertise and project implementation worldwide in the industry. Fives is a company with history which has had extensive activities in the Middle East and various industries in Iran including Aluminium. Previously Fives has signed a Memorandum of Understanding (MOU) under a contract with the IMIDRO group of Iran for the construction of an anode plant in Iran." (January 2018)
"The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said on Wednesday that per an agreement, French Fives Group and IMIDRO will set up a joint firm. An official at Fives Group presented the offer in a meeting with Deputy Minister of Industries, Mining and Trade and the IMIDRO board member, Mehdi Karbasian, on the verge of Iranian President Hassan Rouhani's visit to France. The two sides are to expedite investment in the project for establishment of an anode production plant." (IRNA, "IMIDRO, French Fives Group to set up joint aluminum anode production company," 11/4/15)