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FINANCIAL NEWS
Bahraini Alba seeks solid expansion upon cutting costs
16 Nov 2015
(MENAFN) Aluminum Bahrain (Alba), owner of one of the world’s biggest smelters of the lightweight metal is dedicated to reach its ambitious goal of reducing cash costs by USD150 a ton.
The firm expects to reach this target by next January, and it looks forward to cut it even more, not to mention its firm claim that it has all development and expansion plans right on track.
Furthermore, as an indicator for its steady progress, Alba has received government approval in June for the new line which is set to increase its annual outcome by 514,000 tons to 1.45 million tons.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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