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Adani enters metals business with mega $5bn investment planThe Adani Group, one of India’s leading conglomerates, is expanding its footprint in the metals industry with a massive $5 billion investment plan over the next five years, said media reports. It wi More… |
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Alba nine-month profits jump 55.8% to $392mAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has reported a profit of BD54.5 million ($145 million) for the third quarter of 2024, up by 215% year-over-year (YoY), versus a profit of BD17.3 million ($46 mi More… |
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EGA extends CelestiAL-R supply deal with BMW GroupEmirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced the extension of its CelestiAL-R supply agreement with the BMW Group for the upcoming years. Celesti More… |
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Alba joins forces with Array Innovation to rev up 4IR transformationAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced a strategic partnership agreement with Array Innovation, a Bahrain-based leader in AI and cloud-native digital solutions. More… |
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Alba joins forces with Array Innovation to rev up 4IR transformationAluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced a strategic partnership agreement with Array Innovation, a Bahrain-based leader in AI and cloud-native digital solutions. More… |
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SABIC sells Alba shares to Ma’adenSABIC, a Saudi-based global diversified chemicals company, has signed an agreement with Saudi Arabian Mining Company (Ma'aden) for the sale of its 20.62% shareholding in Aluminum Bahrain (Alba). The s More… |
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Ducab doubles aluminium production capacity to 110,000 tpaDucab Metals Business (DMB), a subsidiary of Ducab Group, has announced the doubling of its annual production capacity for aluminium from 55,000 tonnes per annum (tpa) to 110,000 tpa. It also increased its bare copper product capacity in respo More… |
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EGA to acquire majority stake in US recycling firmEmirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas and the biggest ‘premium aluminium’ producer in the world, on Thursday announced its intention to acquire a majority stake in American a More… |
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Alba delivers solid Q2 results; revenue surges 5.2pc to $1.1bnAluminium Bahrain (Alba), one of the world’s largest aluminium smelters, has delivered solid results for the second quarter with more than two-fold growth in its net profit which soared to BD68.5 million ($182.2 million) from BD29.9 mill More… |
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Alba appoints new Chief Financial OfficerAluminium Bahrain (Alba), the world’s largest single-site smelter, has appointed Ricardo Fontes Santana as its new Chief Financial Officer (CFO), effective August 15. A seasoned finance executive with ove More… |
