Aluminium Bahrain B.S.C.

Aluminium Bahrain Inks MoU With Mitsubishi Heavy Industries On Carbon Capture

Aluminium Bahrain Inks MoU With Mitsubishi Heavy Industries On Carbon Capture

Aluminium Bahrain B.S.C. (Alba) announced this week the execution of a memorandum of understanding with Mitsubishi Heavy Industries EMEA Ltd. (MHI EMEA), part of Mitsubishi Heavy Industries (MHI) Group, to partner in efforts at reducing Alba’s overall carbon emissions. The memorandum is...

Events

Aluminium Bahrain Unveils Plan To Achieve Net-Zero Emissions By 2060

Aluminium Bahrain B.S.C. (Alba) has agreed upon a roadmap to achieve its environment, social, and governance (ESG) goals this week that it says will lead the firm to net-zero emissions by 2060. Per the firm, the plan outlines several quick wins as well as short- and long-term goals, all of which dovetail with its mission […]

Alba Reports Record-Breaking Profits Of US$720 MM In 2021’s First Nine Months

Aluminium Bahrain B.S.C. (Alba) reported record-breaking financial results for the third quarter and the first nine months of 2021 this week. For the third quarter Alba reported a profit of US$335 million, reversing a loss of US$30.9 million in the third quarter of last year. Total comprehensive income in the quarter came to US$336.1 million, […]

Alba Opens Jetty Extension At Port Facilities

Aluminium Bahrain B.S.C. (Alba) commissioned the new marine jetty extension at the firm’s port facilities this week. The new jetty will allow ships of a much larger size to be used for importing alumina. The new jetty extension is part of a larger project to increase production at Reduction Line 6, which will double Alba’s […]

Alba Sets Financial Highs In Q2 Across The Board

Aluminium Bahrain B.S.C. (Alba) reported results for the second quarter and first half of 2021 yesterday, showing improvements over last year across the board. In the year’s first half, Alba reported a Total Comprehensive Income of BD90.6 million (US$241.1 million), reversing a loss from last year, up by 598 percent. Gross Profit for the quarter […]