Aluminium Bahrain (Alba) a leading Bahrain-based aluminium smelter, has launched Phase III of its company-wide, cost reduction programme Project Titan.

Project Titan aims to reduce cash-cost by $60 per metric tonne of aluminium and step-up its production capacity to 1,000,000 metric tonnes per annum by end of 2018.

Project Titan Phase III, aims to optimise the company’s operational costs, boost value-added sales as well as increase its production, is an integral part of Alba’s strategy for value-creation and sustainable operations, said a statement from the company.

Alba’s chief executive officer Tim Murray said: “Preparation is key if we are to seize the right opportunities in the future.”

“By stretching our limits via Phase III of Project Titan, our resilience will allow us to improve our operational efficiency and maintain our competitive position in the industry,” he added. – TradeArabia News Service