Shaikh Daij Bin Salman Bin Daij Al Khalifa

Alba Reports Gross Profit Increase Of 6 Percent In 2019

Alba Reports Gross Profit Increase Of 6 Percent In 2019

Aluminium Bahrain B.S.C. released results for the final quarter and full year of 2019 on Thursday. Despite less than favorable market conditions, the firm reported better results in most metrics for both periods largely due to the commissioning of aluminium production at...

Events

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 […]

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 […]