Aluminium Bahrain B.S.C.

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

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...

Events

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). […]

Alba’s Net Income Jumps 65 In Q2 To US$77.4 Million

Aluminium Bahrain B.S.C. (Alba) released results from the second quarter and first half of 2018 last week. Per the firm, top-line and bottom-line increases were fueled by a corresponding increase in sales volume, a recovery in prices at the LME, and the return to service of Line 5. During the second quarter, Alba saw a […]

Alba Commissions State-of-the-Art Batch Homogenizer in Casthouse 3

Aluminium Bahrain B.S.C. (Alba) announced last week the commissioning of a high-tech batch homogenizer for use in production of specialized billet at its Casthouse 3. The homogenizer, which was provided by SMS group’s Hertwich Engineering as part of the Alba Casthouse 3 Batch Homogenizing Extension Project, will be used for heat treatment of 6xxx, 1xxx […]