Alba Sales & Production volume surge in Q3 2016

<p>Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, managed to increase its overall sales and production throughput for the third quarter of 2016despite the low trend in all-in-prices. Sales volumetopped <strong>246,293 metric tonnes(mt)</strong>in Q3 2016<strong>,</strong> an increase of 7,431 (mt) versus 238,862 mt in Q3 2015 while production volume for the same periodrose by 2.4% year-on-year (YoY) to reach<strong>246,146 mt</strong>.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Alba%20Ariel%20View.jpg" alt="" width="448" height="299" />&nbsp;</p> <p>For the nine months of 2016, the Company sales volume stretched to <strong>717,569 mt,</strong> up from 699,362 (mt) in the same period of 2015 while production volume increased by 3,722 mt to reach <strong>720,750 mt</strong> year-to-date.&nbsp;</p> <p>In addition, Alba closed the third quarter of 2016 with its Value-Added Sales averaging 58% of total shipments while Value-Added Sales stood at 55% for the nine months of 2016.</p> <p>{googleAdsense}&nbsp;</p> <p>Commenting on Alba&rsquo;s sales and production volume for this period, Alba&rsquo;s Chief Executive Officer, Tim Murray said:</p> <p>&ldquo;Alba continues to raise the bar on operational performance amidst difficult market conditions.</p> <p>As we move towards 2017, our focus on Safety and operational excellence will remain our top priorities.&rdquo;&nbsp;</p> <p>Aluminium Bahrain B.S.C. (Alba) will release its third quarter 2016 financial results to the public on Monday November 14, 2016&nbsp;</p>