Aluminium Bahrain B.S.C. (Alba)

Alba Reports 53 Percent Bump In Gross Profit For Q3

Alba Reports 53 Percent Bump In Gross Profit For Q3

Aluminium Bahrain B.S.C. reported financial results for the third quarter and opening three months of 2019 yesterday. A weak global market for aluminium notwithstanding, the firm reported increases in both sales and profit for the just-ended quarter. In the third quarter, Alba...

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Events

Alba Sees Sales Volumes Rise By 21 Percent In Q2

Alba Sees Sales Volumes Rise By 21 Percent In Q2

Aluminium Bahrain B.S.C. released financial results for the second quarter and first half of 2019 on Sunday. Alba turned in a weaker than hoped performance in both periods due to tepid prices at the LME. The second quarter saw Alba post a total comprehensive loss of BD3.3 million (US$8.8 million), a reversal on the year […]

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Alba Records 25-Percent Rise In Aluminium Sales Volume In Year’s Opening Half

Alba Records 25-Percent Rise In Aluminium Sales Volume In Year’s Opening Half

Aluminium Bahrain B.S.C. released production numbers for the second quarter of 2019 over the weekend. Despite sagging prices at the London Metal Exchange, Alba turned in double-digit increases in both sales volume and throughput in the quarter. During the year’s second quarter Alba recorded a sales volume of 311,928 metric tons, up by 25 percent […]

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Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Aluminium Bahrain B.S.C. reached the halfway point on start-up at its new Line 6 after successfully bringing another 106 pots online last week, bringing the total number of operational pots to 212. Alba held an event on Tuesday to mark the occasion, which was attended by officials from both Alba and construction contractor Bechtel. “We […]

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Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Aluminium Bahrain B.S.C. released results for the year’s opening quarter earlier this week. Lower LME prices teamed up with higher alumina prices to squeeze the firm’s bottom line over the year’s first three months. In the year’s first quarter Alba reported a net loss of BD 15.8 million (US$42 million), reversing a net profit of […]

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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 metric tons of product, a rise of 2 percent on the year. Production […]

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