Alba Achieves First Fire of State-of-the-Art Gas Turbine for Power Station 5 Block 4 Project
Aluminium Bahrain B.S.C. (Alba), one of the world's largest aluminium smelters, announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT) on Tuesday 23 April 2024. This achievement marks a key step towards the project's on-schedule completion in Q4 2024. Notably, it also comes just six months after the GT unit's delivery to site in October 2023.
Alba wins four Awards from the National Safety Council
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, is proud to announce that it has won four major National Safety Council (NSC) USA awards for 2024, namely Perfect Record Award, Occupational Excellence Achievement Award, Milestone Award and Million Work Hours Award.
Alba kicks-off ‘SAFE and Healthy Ramadan’ Campaign
In line with the Company's commitment to its personnel's Safety and Wellbeing, Alba's CEO Ali Al Baqali launched the plant-wide "SAFE and Healthy Ramadan" campaign on 14 March 2024. The event was attended by the Company's top officials and employees representing various departments.
Alba and EGA sign Technology Service Agreement for Reduction Line 6
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, and Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, have recently inked a Technology Services Agreement for Alba’s Reduction Line 6.
Alba holds its Annual and Extraordinary General Meetings for 2024
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, held its 14th Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on 07 March 2024 at Al Dana Hall in Alba. The meeting was led by the Chairman of the Board Khalid Al Rumaihi with attendance from the Board members, Company’s Executive Management, Alba shareholders, and representatives from regulatory bodies.
Alba signs Associate Centre Partnership Agreement with the World Economic Forum
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, has inked an Associate Centre Partnership Agreement under the Advanced Manufacturing Industries Cluster with the World Economic Forum (WEF), in a signing ceremony led by Alba’s Chief Executive Officer Ali Al Baqali and WEF’s Head of Global Partner Development and Member of the Executive Committee, Alexandre Raffoul, on 04 March 2024 at Alba premises.
Alba hosts top officials and key clients at the 2024 Formula 1 Gulf Air Bahrain Grand Prix
Aluminium Bahrain B.S.C. (Alba)’s Chairman of the Board of Directors Khalid Al Rumaihi and the Chief Executive Officer Ali Al Baqali, hosted top officials from various companies in Bahrain and GCC aluminium smelters as well as key clients and suppliers at its exclusive Paddock Club area for the 2024 Formula 1 Gulf Air Bahrain Grand Prix that was held from 29 February to 02 March 2024 at the Bahrain International Circuit in Sakhir, Bahrain.
Alba marks Bahrain Sports Day with Walkathon
In celebration of Bahrain Sports Day, Aluminium Bahrain B.S.C. (Alba) hosted a Walkathon near its Oasis Hall on Thursday 22 February 2024 promoting a healthy and active lifestyle for all.
Alba Reports its Financial Results for the Fourth Quarter and 12 Months of 2023
Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), one of the world’s largest aluminium smelters, has reported a Profit of BD23.4 million (US$62.2 million) for the fourth quarter of 2023, down by 40.7% Year-over-Year (YoY) versus a Profit of BD39.4 million (US$104.9 million) for the same period in 2022. The Company reported Basic and Diluted Earnings per Share of Fils 17for Q4 2023 versus Basic and Diluted Earnings per Share of Fils 28 for the same period in 2022. The Total Comprehensive Income for Q4 2023 stood at BD6.2 million (US$16.5 million) versus a Total Comprehensive Income for Q4 of 2022 of BD24.4 million (US$64.7 million) – down by 74.6% YoY.
Alba holds 2nd edition of its Sports Festival
In collaboration with the International Sports Academies Federation (ISAF), Aluminium Bahrain B.S.C. (Alba) is organising the 2nd edition of its Sports Festival from 08 to 13 February 2024, at the Alba Club, Riffa.