Alba Chairman leads the Company’s delegation at the 25th Arab-German Business Forum 2022
“Five decades and counting, Bahrain has forged closed ties with Germany in the fields in trade and investment, and Alba is a great tangible example of this,” stated Aluminium Bahrain B.S.C. (Alba)’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa during his Keynote Speech at the Gala Dinner of the 25th Arab-German Business Forum that is being held in Berlin from 21 to 23 June 2022.
Alba launches its plantwide ESG Campaign ‘A Journey, Not A Destination’
Aluminium Bahrain B.S.C. (Alba)’s CEO Ali Al Baqali kicked-off the Company’s plant-wide Environment, Social and Governance (ESG) Campaign ‘A Journey, Not A Destination’ today, Monday 20 June 2022 with a welcome message that was broadcasted to all employees and contractors’ workers as well as representatives of other GCC smelters and Gulf Aluminium Council (GAC).
Alba hosts a delegation of Bahrain Association of Banks to further its ESG goals
“Aluminium Bahrain B.S.C (Alba), an Environment, Social and Governance (ESG) corporate activist, is charting its journey to meet Bahrain’s Net Zero Emissions by 2060,” as stated by Alba’s CEO Ali Al Baqali during a meeting with the Bahrain Association of Banks (BAB) at Alba’s Oasis Hall on 12 June 2022.
Alba Grows its Global Presence with Opening its Sales’ Office in Singapore
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, took a major step to strengthen its presence in the Asian-Pacific market with inaugurating its newest Sales’ office in Singapore on Friday 27 May 2022.
Alba Signs Agreement with Mitsubishi Power & SEPCO III as EPC contractor for Block 4 in Power Station 5
"Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, is on course to start the construction works for its fourth additional block in Power Station 5,” as stated by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa, during the signing ceremony with Mitsubishi Power & SEPCO III consortium on Monday 16 May 2022 at Al Oasis Hall in Alba.
Alba Discloses its Financial Results for the First Quarter of 2022
Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world’s largest aluminium smelter w/o China, has reported a Profit of BD146.8 million (US$390.4 million) for the first quarter of 2022, up by 181% Year-over-Year (YoY), versus a Profit of BD52.2 million (US$138.8 million) for the same period in 2021. The Company reported Basic and Diluted Earnings Per Share of fils 104 versus fils 37 for the same period in 2021.
Alba continues to lead in ESG, earning rank no. 1 amongst listed companies in Bahrain
The world’s largest smelter ex-China Aluminium Bahrain B.S.C. (Alba) continues to lead in Sustainability as it has been recognised as the top Company in Bahrain on the Environmental, Social and Governance (ESG) ratings list by ESG Invest - the investment research arm of ‘Sustainability Excellence’, which provides comprehensive ratings that quantify ESG performance of companies in the Arab World.
Alba makes history with its first ever achieved Safety Performance
The world’s largest aluminium smelter ex-China, Aluminium Bahrain B.S.C. (Alba) set new records in Safety on 30 April 2022 as it surpassed 25 million Safe working-hours without Lost Time Injury (LTI) for the first time in the history of its commercial operations. This milestone came alongside exceeding 25 million metric tonnes (MT) in overall production since the Company began its operations in 1971.
Alba Becomes First Company in Bahrain to Refinance its Existing Syndicated Loan of c.US$1.247 Billion Tied to Sustainability Linked Targets
Aluminium Bahrain B.S.C. (Alba), the world’s largest smelter ex-China, is the first Bahraini Company to have successfully achieved sustainability-linked refinancing for its US$1,247,475,000 Syndicated Loan Facility in connection to the Line 6 Expansion Project.
Alba CEO rolls out the Company’s ESG Roadmap
Ali Al Baqali, the Chief Executive Officer of Aluminium Bahrain B.S.C. (Alba) rolled out the Company’s approved Environment, Social and Governance (ESG) Roadmap by the Board of Directors, to underline the Company’s strong commitment to Bahrain’s objective of ‘Net Zero Emissions by 2060’ under the leadership of HRH the Crown Prince and Prime Minister of Bahrain as well as the United Nations Sustainable Development Goals (SDGs).