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...
Asia
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 million) in savings for the firm for the year to date. The program, which is know as “Tamayaz,” was launched four years...
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...
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...
Events
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 […]
Alba Partners With CRU On Virtual Market Update Conference
Last week Aluminium Bahrain B.S.C. (Alba) hosted the first-of-its-kind virtual market update session for customers around the globe. The initiative was a partnership between Alba and CRU and took place over four days. The program was divided up into two-day segments, and speakers at the event updated the market on Alba’s response to the coronavirus […]
India To Begin Limiting Aluminium And Copper Imports From China And Other Asian Neighbors
Indian government and aluminium industry sources told Reuters earlier this week that the country is soon to begin monitoring aluminium and copper imports in an effort at containing the flow of both metals into its market from the People’s Republic of China and other Asian sources. Per the news service, anonymous sources within India’s government […]
Fourth Quarter Aluminium Premiums Rise For First Time In Five Quarters To US$88 Per MT
Hints of a recovery in demand for aluminium in Japan came in the form of a rise in contracts for fourth-quarter premiums, as a quartet of anonymous sources told Reuters that buyers have already agreed to pay US$88 per metric ton above LME prices. “We have agreed with a producer at $88 a tonne this […]
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 ...
