Alba

Alba Boosted Aluminium Sales And Production Totals In Q1

Alba Boosted Aluminium Sales And Production Totals In Q1

In the face of weak aluminium prices at the LME, Aluminium Bahrain B.S.C. expanded throughput and sales volume through the first quarter of 2019 the firm revealed in an announcement earlier this week. In the year’s opening three months, Alba shipped 257,113...

Events

Alba Concludes Second Tranche Of ECA Financing For Line 6 Expansion Project

Aluminium Bahrain B.S.C. (Alba) announced on Sunday the closure of the last installment of the second tranche of Export Credit Agency (ECA) financing for Alba’s Line 6 Expansion Project. Per the firm, the second tranche consists of a ten-year, US$136-million Export Development Canada (EDC) facility and a €90-million (US$102 million) Japan Bank for International Cooperation […]

Alba Tops 1 Million Metric Tons In Aluminium Sales In 2018

Aluminium Bahrain B.S.C. (Alba) continued its climb to the top of the global aluminium-smelting mountain last year, posting a sales volume of over 1 million metric tons in 2018. Per the company, last year witnessed the sale of 1,012,548 metric tons of aluminium, representing an all-time high for the company. Last year’s sales total increased […]

Alba Surpasses 2018 Aluminium Production Goal Of 1 Million Metric Tons

Aluminium Bahrain B.S.C. (Alba) achieved a new high-water mark in production volume last year, clocking a per-annum production rate of 1,011,101 metric tons. The record exceeded the firm’s production target by over 11 thousand metric tons per annum. The 2018 result was a rise of 3 percent over 2017’s production volume of 981,016 metric tons […]

Alba Commissions Line 6 Two Weeks Ahead of Schedule

Months of construction came to an end at Aluminium Bahrain B.S.C. (Alba) earlier this week after the firm commissioned Potline 6, making the firm’s operations the largest single-site aluminium smelter on Earth. The commissioning, which involved energizing the pot for the first time, occurred almost two weeks ahead of the scheduled completion date of January […]

Despite Rising Alumina Costs, Alba Turns In Strong Third Quarter

Aluminium Bahrain B.S.C. (Alba) reported financial results for the third quarter of 2018 yesterday. Though sales volumes in the quarter rose, a rise in alumina prices tempered bottom-line gains. In the just-ended quarter, Alba recorded a net income of BD14.3 million (US$38 million), off by 44 percent on the year from BD25.8 million (US$68.5 million). […]