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...
Line 6 Project
Alba Commissions 40 New Pots On Line 6
Aluminium Bahrain B.S.C. updated investors on its Line 6 Expansion Project earlier this week, noting the successful testing of over three dozen pots, all of which are now fully operational. In addition to bringing 40 new potlines online, Alba pointed out the...
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...
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...
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). […]
As Siemens Dignitaries Look On, Alba Powers Up New Switch House 7
Aluminium Bahrain B.S.C. (Alba) earlier this week announced the Power Distribution System (PDS) Project’s energizing of the plant’s new 33kV Switch House 7 (SH7), the project’s first major milestone. The task on site was headed up by Germany’s Siemens LLC, the designer, engineer, materials procurer, builder, and commissioner of the installation. The new SH7 is […]
Alba Aims for Providing a Quarter of Gulf Region’s Annual Aluminium Production: CEO Murray
Aluminium Bahrain B.S.C. (Alba) is angling at becoming the owner of the largest single-site aluminium smelting operation on Earth according to its CEO Tim Murray. Murray made the comments in the course of a brief interview with a domestic media outlet earlier this week. He continued by noting that ongoing improvements to the facility, including […]
Alba Records a 91-Percent Bump in Net Income to US$246 MM in 2017
Aluminium Bahrain B.S.C. (Alba) announced results for the final quarter and full year of 2017 late last week, boasting of strong numbers for both periods across the board. Alba recorded a year-on-year rise in sales volume for the year of 0.4 percent to 978,195 metric tons, with production on an upswing as well, better by […]
Alba’s Line 6 Will Boost Aluminium Sector’s Contribution to Bahrain’s GDP to 16 Percent: CEO Tim Murray
A top official at Aluminium Bahrain B.S.C. (Alba) says that his industry is likely to account for up to 16 percent of Bahrain’s total gross domestic product once Alba’s ongoing capacity build-out is completed and comes online next year. Speaking at the Gulf Industry Fair 2018 earlier this week, Alba’s Chief Executive Officer Tim Murray […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
