Aluminium Bahrain BSC (ALBA)

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Aluminium Bahrain BSC (ALBA)

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At plus-1.6 million metric tonnes per annum (mtpa), Alba is one of the largest Aluminium smelters in the world with more than 50 years of excellence in Operations, Safety, Environment and Socio-Economic Development.

A blue-chip asset of the Kingdom of Bahrain, Alba produces high-quality Aluminium products in the form of Standard and Value-Added Products (VAP)s, which are exported to more than 240 global customers through its sales offices in Europe (Zurich), Asia (Singapore) and subsidiary office in the U.S. Alba is dual listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), SABIC Industrial Investments Company (SIIC) (20.62%) and General Public (10%). Alba holds globally-recognised certifications such as ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016, ISO 22301:2012 Business Continuity Management System (BCMS) and ASI Performance Standard Certification and Ecovadis Certification.

As the first aluminium smelter in the Middle East, Alba sits at the heart of a thriving aluminium downstream sector in Bahrain, which accounts for approximately 12% of the Kingdom's GDP. As one of the biggest national companies, it has ensured not only the employment of Bahrain nationals (85% in 2022) but also the enhancement of their capabilities through education, training, and development initiatives at every stage of their career.

PRODUCT & SERVICES

Alba: first smelter in the GCC to attain 4-star audit rating by the British Safety Council

The accomplishment recognises Alba s steadfast dedication and commitment to health and safety practices as well as managing risks to workers health safety and wellbeing. Alba underwent a 12-day comprehensive and robust evaluation in September 2023 of its occupational health and safety management systems and had its performance measured against a number of key best practice indicators which include... View more

Alba Scoops Two Major Investor Relations Awards for 2023 by MEIRA

The MEIRA 2023: From ESG to Sustainable Capital Markets was hosted by Bahrain Bourse in collaboration with the Central Bank of Bahrain and featured a diverse lineup of discussions and panels that explored the GCC market s structure growth potential regulatory environment and emerging trends ESG landscape and IR developments. Commenting on this win Alba s Chief Executive Officer Ali Al Baqali said:... View more

Alba Reports its Financial Results for the Third Quarter and 9 Months of 2023

With regards to the nine months of 2023 Alba has reported a Profit of BD94.6 million (US 251.7 million) down by 75% YoY versus a Profit of BD376.7 million (US 1 001.9 million) for the same period in 2022. The Company reported Basic and Diluted Earnings per Share of fils 67 for the nine months of 2023 versus Basic and Diluted Earnings per Share of fils 266 for the same period in 2022. Alba s Total ... View more

Alba holds its Board Meeting for Third Quarter of 2023

Alba s Chairman of the Board Shaikh Daij Bin Salman Bin Daij Al Khalifa started the e-meeting with: Delivering consistency amidst uncertain macroeconomic outlook is our top priority: as we head into the fourth quarter of this year we remain focused on our operational excellence and lean cost structure to finish 2023 strong. Adding further Shaikh Daij bin Salman bin Daij Al Khalifa said: On behalf ... View more

Alba CEO key panelist at the 37th Fastmarkets International Aluminium Conference 2023

As a panelist Al Baqali spoke about the resilience of the Middle East market thanks to the recovery in the auto and packaging sectors as well as about Alba s commitment to transition to a low carbon economy and emphasised that Alba s ESG Roadmap was developed to address EU s emerging Carbon Border Adjustment Mechanism (CBAM) Bahrain s commitment towards Net Zero Emissions by 2060 customers demand ... View more

Alba introduces new alloy 6060.HE in its product portfolio

Alba s new 6060.HE alloy has been developed in collaboration with the University of Bahrain in terms of enhancing the scientific research studies associated with this alloy production and Bahrain Aluminium Extrusion Company (BALEXCO) being one of the leading aluminium extrusion producers in the Region and Alba s long-standing customer which provided extensive support in developing the 6060.HE allo... View more

Alba CEO applauds interns upon completion of OJT programmes

Every year Alba welcomes university and school students for hands-on training placements across its various operational and support functions as per their respective specialisations. Since the beginning of 2023 Alba has provided OJT opportunities to 141 students of whom 54 were females. View more

Alba: the first smelter in the region to be recertified to the new ASI Performance Standard

The certification for three years starting from 31 August 2023 was achieved with no major non-conformance following a rigorous on-site audit of Alba and its facilities. The scope of the certification included the production and marketing of primary aluminium from alumina calcinations of petroleum coke water desalination anode manufacturing smelting casting and captive power generation at the Alba ... View more

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