Asia

Alba’s Profit Jumped By Over 800 Percent To US$138.8 MM In The First Quarter

Alba’s Profit Jumped By Over 800 Percent To US$138.8 MM In The First Quarter

Aluminium Bahrain B.S.C. (Alba) announced financial results for the first quarter of 2021 this week. The firm got help with its top line thanks to a rise in aluminium prices, while its bottom line was buoyed by the strong top line, but...

Events

Metso Outotec Inks €13 MM Contract For Twin Flash Evaporation Alumina Plants With NALCO

Finnish mining operations and technology firm Metso Outotec announced last week a €13-million contract with India’s National Aluminium Company (NALCO) to deliver two 170 t/h Bayer-process flash evaporation plants to its plant in northern India. Metso Outotec will deliver the twin flash evaporation plants to Damanjodi Alumina Refinery in Odisha. The plants employ cutting-edge technology […]

Rusal Inks Supply Agreement With Auto Parts Maker Kosei On Low-Carbon Aluminium

Russian Federation aluminium titan UC Rusal announced earlier this week its selection by global wheel and automotive component maker Kosei to be its global supplier of high-quality aluminium alloys. Rusal says it will be selling its proprietary low-carbon aluminium ALLOW to Kosei. ALLOW emits roughly 2.4 metric tons of CO2 per metric ton of metal […]

Alba’s Bottom Line Jumps By 81 Percent In 2020 To US$25.9 MM

Aluminium Bahrain B.S.C. (Alba) released results for the final quarter and full year of 2020 last week. Financial numbers were generally up in both periods despite the global pandemic and its effect upon the aluminium sector. In the fourth quarter of 2020 Alba turned a profit of US$85.1 million, better by 132 percent on the […]

EGA Fires Up Cutting-Edge Gas Turbine At Jebel Ali

A joint venture between Emirates Global Aluminium (EGA) and Mubadala and Dubal Holding spun up a new gas turbine for the first time at the site of its under-construction power plant at the Jebel Ali operations. The power plant, which will be operated by JA Power & Water Co, started the Siemens Energy H-class gas […]

Rusal Inks Deal With Taiwan Aluminium Alloy Producer Hodaka To Supply Low-Carbon Aluminium

Russian Federation titan U.C. Rusal announced earlier this week a new agreement with Taiwanese aluminium alloy producer Hodaka to provide it with its low-carbon aluminium products. Rusal will supply Hodaka with its ALLOW line of low-carbon aluminium, which is produced using power derived from renewable sources like hydropower, wind, and solar power. This low-carbon aluminium […]