Aluminium Bahrain B.S.C. (Alba)

Alba Commissions 106 New Aluminium Smelting Pots On Line 6

Alba Commissions 106 New Aluminium Smelting Pots On Line 6

Aluminium Bahrain B.S.C. announced earlier this week the opening of over one hundred pots on its new Line 6, bringing the line to around one-quarter capacity. As of Tuesday this week, Alba is operating 106 of the 424 pots on line six,...

Events

Spike In Alumina Prices Hammer Alba’s Bottom Line In 2018

Though a rise in sales volumes and a recovery of alumina prices at the LME, Aluminium Bahrain B.S.C’s fourth quarter and full year numbers struggled largely due to an “unprecedented” jump in alumina prices. In the fourth quarter Alba reported a net loss of US$47 million, a reversal on the year from last year’s net […]

One-Fifth Of Alba’s Line 6 Aluminium Destined For Spot Market

Around one-fifth of the primary aluminium to roll off Aluminium Bahrain’s new Line 6 is slated for sale on the global spot market according to the firm’s CEO Tim Murray. In a recent interview with S&P Global Platts, Murray said the US$3-billion project is on the verge of first production. “We commissioned it on December […]

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 […]