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Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, received a high-level delegation from the Russian Federation headed by HE Mr. Sergey Tsyb, Deputy Minister of Industry and Trade of the Russian Federation on 21 February 2017.
The delegation included Mr Sergei Grishaev, Head of Development of Non-Ferrous Metallurgy, Mr Alexander Pankratov, Assistant to Deputy Minister of Industry and Trade and Anton Bazulev, Director of International Project of UC Rusal.
Alba’s Chief Operations Officer, Amin Sultan and Chief Marketing Officer Khalid A. Latif welcomed the Russian delegation. Also present were Alba’s Administration Director Waleed Tamimi, Manager Legal, Stephanus Grobler and Acting Manager Public Relations, Fatema Al-Mohri.
Commenting on the visit of the Russian delegation, Alba’s Chief Marketing Officer, Khalid A. Latif said:
“We express thanks to the Russian delegation for their visit during which we were able to demonstrate Alba’s pioneering role as the first smelter in the Middle East as well as its significant contribution towards supporting the national economy. We look forward to further strengthening business relations between Bahrain and Russia in the future.”
The delegation was given a tour of the smelter and shown the state-of-the art production facilities that have enabled Alba to maintain its status as one of the world’s leading aluminium smelters. The delegation was also briefed on Alba’s Line 6 Expansion Project and its growth trajectory.
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About Alba:
Aluminium Bahrain B.S.C. (Alba) - one of the largest and modern aluminium smelters in the world - is renowned for its premium grade aluminium products, technological strength and innovative policies, strict environmental guidelines and high track record for safety. Established in 1971 as a 120,000 tonnes per annum smelter, Alba today produces more than 971,000 metric tonnes per annum of the highest grade aluminium, with products including standard and T-ingots, extrusion billets, rolling slab, properzi ingots, and molten aluminium.
Alba is listed on both the Bahrain Bourse and London Stock Exchange, and the Company’s shareholders are Bahrain Mumtalakat Holding Company (69.38%), SABIC Industrial Investment Company (20.62%) and the General Public (10%).
About Line 6 Expansion Project:
Alba’s Line 6 Expansion Project is one of the largest brownfield developments in the region. Expected to begin production by early 2019, this Project will boost the smelter’s per-annum production by 540,000 metric tonnes, bringing its total production capacity to around 1.5 million metric tonnes per year.
With a CAPEX of approximately US$ 3 billion, the Line 6 Expansion Project involves the construction of a sixth pot line utilising EGA’s proprietary DX+ Ultra Technology, a 1,792 MW power station and other industrial services.
Bechtel is the EPCM contractor for the Line 6 Expansion Project smelter. For Power Station 5 (PS 5), GE and GAMA Consortium was awarded the EPC contract, while Siemens is the Power Distribution System contractor. J.P. Morgan, Gulf International Bank (GIB) and National Bank of Bahrain (NBB) are the Financial Advisors for this Project.
The Bankable Feasibility Study was completed by Bechtel in December 2014. In June 2015, Alba Board approved the Line 6 Expansion Project and in November 2015, Alba secured the natural gas supply for this Project.
The Line 6 Expansion Project will make Alba the world’s largest single-site aluminium smelter and be a significant economic boost for the Kingdom of Bahrain due to the many co-investment opportunities through local and foreign aluminium investments.
For further details, please contact:
Shreedevi Menon
Public Relations Officer
Tel: (973) 1783 7357
Fax: (973) 1791 1105
E-mail: shreedevi@alba.com.bh
Website: www.albasmelter.com.bh
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© Press Release 2017
