Alba Named Top Environmental, Social, And Governance Firm In Gulf Region
Aluminium Bahrain B.S.C. (Alba) said yesterday it has been named at the top of ESG Invest’s Environmental, Social and Governance...
Asia
Alba Inks MoU With Hangzhou Jinjiang On Alumina Feedstock Supply
Aluminium Bahrain B.S.C. (Alba) announced last week the signing of a memorandum of understanding with Chinese aluminium firm Hangzhou Jinjiang Group Co. Ltd (HJJ) to collaborate on supplying Alba’s aluminium smelters with alumina. The memorandum, which was signed in a virtual ceremony...
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...
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...
Events
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 to provide a new trading platform for green aluminium. Such was the report after they recently went on record with financial media admitting to opposing the LME’s plans. In an article in Financial Times, executives […]
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 ago and has yielded several important safety and efficiency improvements at the plant. […]
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 […]
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 ...
