Saturday 23 November 2024
 
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LME prices

Alba workshop discusses drop in prices

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters, recently held a special workshop aimed to discuss the challenges posed by the significant drop in London Metal Exchange (LME) prices and physical premiums.

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Alba’s net income drops 42 per cent in Q2

Aluminium Bahrain (Alba) has posted a net income BD20.7 million ($55 million) for the second quarter of the year, a drop of 42 per cent from BD35.6 million of Q2 2012, driven by unrealised derivative gains as well as lower metal prices.

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