Sunday 23 July 2017
 
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Aluminium Bahrain

Alba closes $700m financing for Line 6 project

Aluminium Bahrain (Alba) has closed the first tranche of c. $700 million Export Credit Agency (ECA) covered facilities to finance the company’s Power Station 5 and Power Distribution System as part of the Line 6 expansion project.

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Alba appoints acting chief operations officer

Aluminium Bahrain (Alba), the Bahrain-based leading international aluminium smelter, has announced the appointment of Hassan Noor as the acting chief operations officer (COO). Alba’s chief executive officer Tim Murray said:

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Alba concludes Line 6 FEED study

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has concluded the optimization process of Line 6 Expansion Project with the completion of the Front End Engineering Design (FEED) study. The FEED Study was led by Inte

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Alba’s Q1 net income jumps 506pc to $68 million

Aluminium Bahrain (Alba), a leading global aluminium smelter, posted a net income of BD25.6 million ($68 million) in the first quarter of 2017, compared to BD4.2 million ($11 million) in Q1 2016, a 506 per cent increase year-on-year (YoY).

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Alba secures $700m in export credit financing

Aluminium Bahrain (Alba), a leading aluminium smelter, has secured commitments of about $700 million from Export Credit Agency (ECA) supported facilities to finance Line 6 Expansion project.   The facilities are made-up of a

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Alba to lead aluminium sector at Gulf Industry Fair

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, is the strategic sponsor for the Aluminium Sector at the upcoming Gulf Industry Fair 2017, Northern Gulf’s leading annual industrial expo. The even

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Alba chief outlines 2017 growth strategy

Aluminium Bahrain (Alba), one of the largest and modern aluminium smelters in the world, today (January 15) held the opening session of its annual ‘Town Hall Meetings’ at its premises laying emphasis on the company’s expectatio

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Alba achieves production milestone

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters based in Bahrain, achieved its highest ever metal production of 971,420 metric tonnes (mt) in 2016, up by 1.1 per cent year-on-year as compared to 960,643 mt in 2015.

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Alba Line 6 capex down to around $3bn

Aluminium Bahrain (Alba), the Bahrain-based international smelter, announced that the capex associated with Line 6 Expansion Project was brought-down from $3.5 billion to around $3 billion. As per the initial bankable feasibility

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Alba names Bechtel contractor for $3.5bn expansion

Aluminium Bahrain (Alba), the Bahrain-based leading international aluminium smelter, has named International Bechtel as the engineering, procurement, and construction management (EPCM) contractor for its landmark Line Six expansion project.

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