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Aluminium Bahrain B.S.C. (Alba), soon-to-be the largest smelter in the world, brim with all kind of activities that pave the way for the First Hot Metal on January 01, 2019 as per the schedule, according to a statement issued by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa.
The statement was made following the fourth quarterly meeting for 2018, which was held on Sunday December 02, 2018 at Alba.
During this meeting, Alba’s Board of Directors approved the minutes of the previous meeting, which was held on Wednesday September 26, 2018 as well as reviewed the reports of the Executive Committee, Board Audit Committee and the Nomination, Remuneration and Corporate Governance Committee. In addition, the Board approved the 2019 Annual Operating Plan and Q3 2018 Financial Statements. Updates were also given by the Executive Management on Safety, overall Financial Performance on the back of current market conditions – higher Alumina prices and lower LME prices, Line 6 Expansion Project progress, Project Titan – Phase III as well as Industry Outlook.
Adding further, Shaikh Daij Bin Salman Bin Daij Al Khalifa:
“We are delighted with the progress to-date and we look forward for the successful commissioning of Power Station 5 and Safe Start-up of Line 6.”
The Board, also, approved the appointment of Dr. Abdulla Habib Ahmed as Chief Operations Officer (COO) with immediate effect.
In addition to the Chairman of the Board, Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Alba Board of Directors comprises six directors appointed by Bahrain Mumtalakat Holding Company – Mr. Yousif Abdulla Taqi, Mr. Osama Mohammed Al Arrayedh, Mr. Yaser E. Humaidan, Dr. Mohamed Kameshki and Mrs. Suha Karzoon. The two directors appointed by Sabic Industrial Investments Co. (SIIC) are Mr. Ahmed Mohammad A. Al Jabr and Mr. Ali Al Shamrani and two elected directors, Mr. Uwaidh Al Harethi and Mr. Mutlaq Al-Morished.