Shaikh Daij Bin Salman Bin Daij Al Khalifa

Alba Refinances US$1.5 Billion Loan Facility Funding Line 6 Expansion Project

Alba Refinances US$1.5 Billion Loan Facility Funding Line 6 Expansion Project

Aluminium Bahrain B.S.C. announced yesterday the successful refinancing of a US$1.5 billion syndicated loan facility that the firm has been using to fund the Line 6 Expansion Project. Per the firm, the new terms of the facility give it an 8-year tenor...

Events

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 […]

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 […]

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, with plans for opening another hundred by the end of next month. Chairman […]

Alba’s Line 6 Aluminium Potline Reaches 50 Percent Capacity

Aluminium Bahrain B.S.C. announced over the weekend another milestone in its Line 6 Expansion Project with the handover of over 14 dozen new pots, allowing the firm to begin commissioning over half the line’s new capacity. “We are pleased to announce that Potline 6 is now in full ramp-up mode with the handover of the […]

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 safety record achieved in the process. Per the firm, employees on the project […]