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DP World, EGA sign deal to boost aluminium exports
17 JUL 20182MINS

DP World, EGA sign deal to boost aluminium exports

DP World, the Dubai-based ports operator, on Monday signed a deal with Emirates Global Aluminium (EGA) aimed at boosting the UAE’s position as an aluminium exporter. The deal, a long-term service agreement, extends the partnership between the two companies, and facilitates the storage and...

Israel fails to receive exemption from US imported aluminium and steel tariffs
12 JUL 20182MINS

Israel fails to receive exemption from US imported aluminium and steel tariffs

Like many other trading allies of the United States, Israel too could not win a reprieve from the US additional tariffs on aluminium and steel imports. In response to this, a group of Israeli manufacturers prompted warnings that this could bring in a “death blow” to local industries. In March, the...

Alba’s production and sales volume surge YoY in Q2 2018 lifting the numbers for H1 2018
09 JUL 20182MINS

Alba’s production and sales volume surge YoY in Q2 2018 lifting the numbers for H1 2018

Aluminium Bahrain B.S.C. (Alba) has reported production and sales result for the second quarter of 2018. Alba closed the second quarter of 2018 with the best-ever production and aluminium sales volume. Quarterly aluminium production topped 252,081 tonnes, up by 23% Year-on-Year; while sales’ volume...

Bawumia requests US to partner Ghana to help develop strong bauxite industry
06 JUL 20182MINS

Bawumia requests US to partner Ghana to help develop strong bauxite industry

Ghana Vice President Mahamudu Bawumia has requested the United States through the Secretary for Commerce Wilbur Ross, to consider partnering with Ghana for developing a strong bauxite industry in the country. While delivering a speech at the US-Ghana business session, Mahamudu explicitly said that...

Top bauxite exporters from Africa: Guinea remains the leading bauxite supplier while China drives the export
06 JUL 20185MINS

Top bauxite exporters from Africa: Guinea remains the leading bauxite supplier while China drives the export

Africa is contributing about 32% of the global bauxite resources. It’s an irony that some of the poorest countries in the world possess the richest bauxite reserves. Africa, though poorly explored as of date, does possess some of the richest reserves of Gibbsitic bauxite. The known reserves are...

RBI urges Hyderabad High Court to lift stay on Anrak Insolvency
04 JUL 20182MINS

RBI urges Hyderabad High Court to lift stay on Anrak Insolvency

The Reserve Bank of India has urged the Hyderabad High Court for seeking to permit The State Bank of India to go ahead with insolvency proceedings against Anrak Aluminium, an Indo-UAE joint venture. SBI legal counsel VK Sajith has confirmed the RBI’s petition but refused to comment on the matter...

Guinea says IMF board approves $24 million credit facility
28 JUN 20181MINS

Guinea says IMF board approves $24 million credit facility

The International Monetary Fund (IMF) has approved $24 million for Guinea to support the economy of the bauxite-producing West African nation, the Finance Ministry said on Wednesday. Guinea, whose economy has been hit by low global commodities prices, reached a deal with the IMF in December giving...

Alba Casthouse 3 commissions new Batch homogenizer for specialised billets
27 JUN 20181MINS

Alba Casthouse 3 commissions new Batch homogenizer for specialised billets

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has commissioned the state-of-the-art Batch homogenizer in Casthouse 3 for specialised billet requirements. The company said that the new Batch homogenizer was supplied by Hertwich Engineering, a company of the SMS group....

China to set up first aluminium factory in Ethiopia for US$13.8 million
18 JUN 20182MINS

China to set up first aluminium factory in Ethiopia for US$13.8 million

Rifeng, the global leading piping system supplier in China is ready to build the first aluminium pipe factory in Ethiopia by spending US$13.8 million. The company’s aim is to expand its business by tapping into the existing market in South Africa. Till date, Ethopia, despite being a prime importer...

Iran exported 45 thousand tonnes of aluminium in Q1 2018
12 JUN 20182MINS

Iran exported 45 thousand tonnes of aluminium in Q1 2018

According to the latest figures showed by the Iranian Mines and Mining Industries Development and Renovation Organization, Iran produced 60, 947 tonnes of aluminium in the first two months of the current Iranian year (March 21-May. 21), an increase of 9.7 per cent from the same period last year....

GlassPoint Solar partners with Napco for aluminium
11 JUN 20182MINS

GlassPoint Solar partners with Napco for aluminium

GlassPoint Solar, the leading supplier of solar energy to the oil and gas industry, has partnered with Oman’s largest aluminium producer, National Aluminium Products Company (Napco), to obtain aluminium materials for its solar plant project Miraah. The company’s aim is to develop a solar hub in...

Israel’s aluminium structures imports fall 48% in 2017, Turkey tops exporter list
07 JUN 20181MINS

Israel’s aluminium structures imports fall 48% in 2017, Turkey tops exporter list

The data shows a downward pattern for aluminium structures import in Israel. Israel’s imports of aluminium structures dropped 48 per cent year on year in 2017.The value of imports of this product is estimated to reach a peak in 2018. The countries from where Israel sourced maximum volume of its...

Aluminium stranded wire imports by Saudi Arabia doubled in 2017
05 JUN 20182MINS

Aluminium stranded wire imports by Saudi Arabia doubled in 2017

Saudi Arabia imported US$126.8 billion worth of goods from around the world in 2017. The country’s imports of aluminium stranded wire increased in 2017. Saudi Arabia imported about 48108 tonnes of this product in 2017, an increase of 108 per cent YoY. Saudi Arabia’s imports of aluminium stranded...

Turkey to impose retaliatory tariffs on US imports from June 21
05 JUN 20182MINS

Turkey to impose retaliatory tariffs on US imports from June 21

Turkey will respond to the US tariffs on aluminium and steel by imposing countertariffs on American produced products starting from June 21, Hürriyet Daily News reported. The move follows Trump’s decision to impose tariffs on aluminium and steel from many countries, including Turkey. Turkey, which...

Alba Line 6 reach major milestone with pot shells’ fabrication complete
29 MAY 20181MINS

Alba Line 6 reach major milestone with pot shells’ fabrication complete

Aluminium Bahrain B.S.C. (Alba)’s Chief Executive Officer, Tim Murray paid a scheduled visit to Ahmed Mansoor Al Aali (AMA Group), one of the major Bahraini contractors for its Line 6 Expansion Project, to celebrate the successful fabrication of 427 Pot Shells in early-May 2018. Murray was...

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond
29 MAY 20188MINS

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond

The Gala Dinner of the Gulf Aluminium Council, held in Oman on March 21st, provided the opportunity for a long conversation with Maurizio Sala, President of Amafond and of Foundry Ecocer, an excellent connoisseur of the aluminium industry and of the Middle East area. The metal foundry segment which...

Alba’s Line 6 Expansion Project to boost GCC’s total aluminium production on completion
28 MAY 20182MINS

Alba’s Line 6 Expansion Project to boost GCC’s total aluminium production on completion

According to CEO Tim Murray, Alba would be achieving the aluminium production capacity of 1.5 million tonnes or 25 per cent of total output across the GCC, on completing Line 6 Expansion Project worth US$3billion. In an interview with Oxford Business Group’s online broadcasting channel, Global...

Alba Becomes the First Company to Achieve IATF 16949 : 2016 Automotive Quality Certification in Bahrain
28 MAY 20182MINS

Alba Becomes the First Company to Achieve IATF 16949 : 2016 Automotive Quality Certification in Bahrain

Aluminium Bahrain B.S.C. (Alba), one of the world’s leading aluminium smelters, is proud to announce that its Casthouse has successfully achieved the Automotive Quality Management System - IATF 16949: 2016 Standard, one of the most challenging and demanding standards in the Management System...