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...
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...
Aluminium Bahrain B.S.C. announced earlier this week the opening of over one hundred pots on its new Line 6, bringing...
Aluminium Bahrain B.S.C. announced over the weekend another milestone in its Line 6 Expansion Project with the handover of over...
Aluminium Bahrain B.S.C. updated investors on its Line 6 Expansion Project earlier this week, noting the successful testing of over...
Though a rise in sales volumes and a recovery of alumina prices at the LME, Aluminium Bahrain B.S.C’s fourth quarter and full year numbers struggled largely due to an “unprecedented” jump in alumina prices. In the fourth quarter Alba reported a net loss of US$47 million, a reversal on the year from last year’s net […]
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 Canada (EDC) facility and a €90-million (US$102 million) Japan Bank for International Cooperation […]
Months of construction came to an end at Aluminium Bahrain B.S.C. (Alba) earlier this week after the firm commissioned Potline 6, making the firm’s operations the largest single-site aluminium smelter on Earth. The commissioning, which involved energizing the pot for the first time, occurred almost two weeks ahead of the scheduled completion date of January […]
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). […]
Aluminium Bahrain B.S.C. (Alba) announced last week that it was the proud recipient of one-third of the six rectifier transformer units needed for the completion of its Line 6 Expansion Project. Designed and built by Fuji Electric in Japan, the rectifier-transformer (a/k/a “rectiformer”) is rated for 120 kA at 1880V DC. The design in question […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...