Tim Murray

Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

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...

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Alba Tops 1 Million Metric Tons In Aluminium Sales In 2018

Aluminium Bahrain B.S.C. (Alba) continued its climb to the top of the global aluminium-smelting mountain last year, posting a sales volume of over 1 million metric tons in 2018. Per the company, last year witnessed the sale of 1,012,548 metric tons of aluminium, representing an all-time high for the company. Last year’s sales total increased […]

Alba Surpasses 2018 Aluminium Production Goal Of 1 Million Metric Tons

Aluminium Bahrain B.S.C. (Alba) achieved a new high-water mark in production volume last year, clocking a per-annum production rate of 1,011,101 metric tons. The record exceeded the firm’s production target by over 11 thousand metric tons per annum. The 2018 result was a rise of 3 percent over 2017’s production volume of 981,016 metric tons […]

Despite Rising Alumina Costs, Alba Turns In Strong Third Quarter

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). […]

Alba’s Net Income Jumps 65 In Q2 To US$77.4 Million

Aluminium Bahrain B.S.C. (Alba) released results from the second quarter and first half of 2018 last week. Per the firm, top-line and bottom-line increases were fueled by a corresponding increase in sales volume, a recovery in prices at the LME, and the return to service of Line 5. During the second quarter, Alba saw a […]