Shaikh Daij Bin Salman Bin Daij Al Khalifa

Alba Sees 25 Percent Rise In Sales Volumes In Q2

Alba Sees 25 Percent Rise In Sales Volumes In Q2

Aluminium Bahrain B.S.C. (Alba) released financial and production results for the year’s second quarter and first half on Sunday. The firm posted increases in both its bottom line and its production totals in both periods. For the year’s first half Alba reported...

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 generated a Profit and Total Comprehensive Income of BD10.7 million (US$28.5 million), down […]

Alba Plans Region’s First Spent Pot Lining Treatment Plant

Aluminium Bahrain B.S.C. announced yesterday its plans to establish the region’s first Spent Pot Lining (SPL) Treatment Plant. The project, which is the result of collaboration between Alba and Bahrain’s Supreme Council for Environment (SCE), is part of a bigger initiative driven by Shaikh Abdulla bin Hamad Al Khalifa to more properly manage the country’s […]

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 […]

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 […]