Shaikh Daij Bin Salman Bin Daij Al Khalifa

Comeback in Global Aluminium Market Raises Alba’s Q3 Numbers

Comeback in Global Aluminium Market Raises Alba’s Q3 Numbers

Aluminium Bahrain B.S.C. (Alba) released financials for the third quarter of 2017 yesterday. Financial numbers were up across the board, which the firm credits in no small part to the continuing recovery of the global aluminium market. Alba recorded US$625.8 million in...

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Events

Alba Lays Foundation for Sixth Potline

Alba Lays Foundation for Sixth Potline

Aluminium Bahrain B.S.C. (Alba) announced over the weekend that the concrete foundation of the firm’s new Potline 6 facility has been laid. A portion of the Line 6 project, Potline 6 consists of two pot rooms, each of which is just under a mile long. As such, these buildings are the longest in the Line […]

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Construction Underway on Alba’s Sixth Aluminium Potline

Construction Underway on Alba’s Sixth Aluminium Potline

Shovels have turned the first dirt in the construction of Aluminium Bahrain B.S.C.’s long-awaited Line 6 Expansion Project. Alba made the announcement of same this past Sunday. The new line is slated to cover an area of 150 acres and require an earthwork cut-and-fill volume of 63.6 million square feet of dirt. Companies local to […]

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Early Project Planning Complete on Alba’s Line 6 Aluminium Smelter

Early Project Planning Complete on Alba’s Line 6 Aluminium Smelter

Aluminium Bahrain B.S.C. announced the completion of the Front End Engineering Design (FEED) study for its Line 6 Expansion Project last week, marking the end of the optimization process of the project. The FEED study, which was conducted by International Bechtel Co. Ltd. (Bechtel), identified several value-added opportunities, according to Alba. In addition, the study […]

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Alba Posts Gains Across the Board in 2017’s First Quarter

Alba Posts Gains Across the Board in 2017’s First Quarter

Aluminium Bahrain recently released financial results for the first quarter, boasting significant to exceptional gains in several major categories. Alba reported a sales volume of 242,932 metric tons, up 4.9% year-on-year. Total sales for the quarter came in at US$506 million, a 22% increase year-on-year from last year’s Q1 total of US$416 million. Net income […]

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Alba Obtains US$700 MM for Financing Line 6 Project

Alba Obtains US$700 MM for Financing Line 6 Project

Aluminium Bahrain B.S.C. announced yesterday that it had secured US$700 million in financing for the construction of its sixth aluminium production line. The financing from the Export Credit Agency (ECA) will be composed of two tranches, one of US$310 million and a second composed of a EUR315-million SERV Guaranteed Export Credit and a EUR50-million Euler […]

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