Iran’s Aluminium Ingot Output Up By 69 Percent Over Last Seven Months
Aluminium output by producers in Iran has risen significantly since the beginning of the Iranian year, with more expected as...
Asia
South America’s First Aluminium Plant To Feature EGA Technology
Emirates Global Aluminium PJSC (EGA) announced last week an agreement with Colombian firm NEO Aluminio Colombia to provide its technological expertise to the building of an aluminium production facility in Colombia. The facility, called the Green Aluminium Transformation Complex for Colombia (GALTCO)...
Norsk Hydro And Hindalco Less Than Pleased Over LME’s Proposed Low-Carbon Aluminium Trading Platform
A few of the world’s major aluminium producers are less than pleased with the London Metal Exchange with its move...
EGA Employee Suggestion Box Saves Firm AED60 Million So Far In 2020
Emirates Global Aluminium PJSC (EGA) said last week that its employee-led continuous improvement initiative has led to AED60 million (US$16.3...
Events
COVID-19 Dims Alba’s Third Quarter Numbers
Aluminium Bahrain B.S.C. (Alba) announced results for the year’s third quarter and its first nine months yesterday, reporting numbers lower than usual due to the volatile global market that was upended due to the novel coronavirus pandemic. In the year’s third quarter Alba reported a net loss of BD11.6 million (US$31 million), reversing a net […]
Alba Extends Pact With Arabian Gulf University On Employee Training And Education
Aluminium Bahrain B.S.C. (Alba) said earlier this week that it has extended its partnership with Arabian Gulf University (AGU) to promote higher education. The Memorandum of Understanding between the two parties continues a multi-year agreement aimed at developing EGA’s human talent via higher education, specially-tailored training programs, and research on business management. Alba’s CEO Ali […]
Alba Lauded For Region’s Best Investor Relations By MEIRA
Aluminium Bahrain B.S.C. (Alba) received a pair of prestigious awards late last month in recognition of its investor relations. In a virtual awards ceremony and conference held on September 22 and 23, Alba was named the Leading Corporate for Investor Relations in Bahrain and Best Investor Relations Professional – Bahrain. The awards were bestowed upon […]
EGA’s Greenhouse Gas Emissions 38 Percent Below Industry Average In 2019
Emirates Global Aluminium PJSC (EGA) published its third annual Sustainability Report this week. The report details the firm’s environmental, social, and governance performance in 2019 for operations in the United Arab Emirates and the Republic of Guinea. Per the firm, it had a greenhouse-gas-emissions intensity that was 38 percent below the industry average as published […]
Alba Inks MoU With University Of Bahrain On Research Cooperation
Aluminium Bahrain B.S.C. (Alba) signed a Memorandum of Understanding with the University of Bahrain (UoB) last week aimed at increasing cooperation between the two parties on several areas of research. Per the firm, the biggest programs currently in progress between the two institutions involve technology aimed at implementing solar and renewable energy in the aluminium […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
