Grow with
AL Circle

KNOW MORE
January World Aluminum Output down On Month At 2.140M Tons
22 FEB 20121MINS

January World Aluminum Output down On Month At 2.140M Tons

Total world aluminum output fell 2.2% on-month in January following a decline in production in Africa, North America and West Europe, the International Aluminium Institute said Monday. Primary aluminum production dropped to 2.140 million metric tons from a revised 2.189 million tons in December,...

30 Pct Increase In Iranian Aluminium Prices
22 FEB 20121MINS

30 Pct Increase In Iranian Aluminium Prices

An increase of 30 percent is seen in Iranian Aluminium prices during the past month. According to local authorities, the main reason for the boom in prices is the vast increase in dollar. The price of dollar had an increase of more than 70 percent since the start of the new sanctions set against...

Merger Agreement between Hormozal and Almahdi Reduced costs
22 FEB 20121MINS

Merger Agreement between Hormozal and Almahdi Reduced costs

The merger agreement signed between two of Iran’s biggest aluminium producers on the 19th of December 2010 with the aim to reduce costs was a success says Akbar Golkar CEO of Almahdi Aluminium Co. Almahdi and Hormozal have the capacity to produce 110000 and 145000 tpy of aluminium respectfully....

Iranian Aluminium Production Increases alongside Persian Gulf Aluminium Output
22 FEB 20121MINS

Iranian Aluminium Production Increases alongside Persian Gulf Aluminium Output

Aluminium production in the Persian Gulf currently exceeds 7 percent of the worlds total aluminium production; and is set to increase to 10 percent by 2020. The aluminium industry in Persian Gulf Countries has developed over the years and is set to develop even more through direct and indirect...

Alba welcomes high-level Paraguayan delegation
21 FEB 20122MINS

Alba welcomes high-level Paraguayan delegation

Aluminium Bahrain B.S.C. (Alba)’s credentials as an environmental champion and a supporter of fair trade practises across the world were emphasised during a meeting with a ministerial delegation from Paraguay on Wednesday, February 8, 2012. Alba’s Chief Executive, Laurent Schmitt met the Paraguayan...

ABB wins $9m contract for Oman aluminum plant
21 FEB 20122MINS

ABB wins $9m contract for Oman aluminum plant

ABB has won a contract worth $9 million from Oman Aluminum Rolling Company (OARC) to develop, implement and execute all maintenance activities at the company’s rolling mill plant in Sohar, Oman. The Greenfield aluminum rolling mill will produce flat sheet and aluminum foil with a capacity of...

ABB Wins Five-Year Full Service Contract at Oman Aluminum Plant
21 FEB 20122MINS

ABB Wins Five-Year Full Service Contract at Oman Aluminum Plant

ABB has announced a contract worth US$9 million from Oman Aluminum Rolling Company (OARC) to develop, implement and execute all maintenance activities at the company's rolling mill plant in Sohar, Oman. The Greenfield aluminum rolling mill will produce flat sheet and aluminum foil with a capacity...

Alba expansion plans on track
21 FEB 20122MINS

Alba expansion plans on track

Aluminium Bahrain (Alba), which owns the world's fourth-largest aluminium smelter, yesterday said its planned sixth production line could be completed by early 2015. Feasibility studies are currently underway, with banking feasibility studies seen ready by 2013, chief executive officer Laurent...

Gulf aluminium industry: Bright future
21 FEB 20126MINS

Gulf aluminium industry: Bright future

A fully-integrated aluminium industrial complex being built as a JV between Alcoa and Saudi Arabian Mining Co. (Ma’aden) alone involves a capital investment of about $10.5bn. More foreign investors are looking to the Gulf for aluminium business due to its inexpensive gas stocks and strategic...

Aluminium Bahrain sees sixth line complete by 2015
21 FEB 20122MINS

Aluminium Bahrain sees sixth line complete by 2015

Aluminium Bahrain (Alba), which owns the world's fourth-largest aluminium smelter, said on Friday its planned sixth production line could be completed by early 2015. Feasibility studies are currently under way, with banking feasibility studies seen ready by 2013, Laurent Schmitt, the company's...

Ex-Aluminium Bahrain Executive Charged by U.K. With Corruption
16 FEB 20121MINS

Ex-Aluminium Bahrain Executive Charged by U.K. With Corruption

U.K. prosecutors charged Bruce Allan Hall with corruption and money laundering tied to his time as an executive at Aluminium Bahrain B.S.C., a smelting company in Bahrain. An Australian national, Hall was released on conditional bail and must appear at a London criminal court next month, the...

BHP Says Will Not Continue Congo Smelter Project
16 FEB 20121MINS

BHP Says Will Not Continue Congo Smelter Project

Global miner BHP Billiton has decided not to go ahead with an aluminum smelter project in the Democratic Republic of Congo (DRC) after a review, a spokesman for the company said on Wednesday. Ruban Yogarajah told Reuters from London that BHP Billiton has studied the construction of the aluminum...

NSE lists N4.6bn Tower Aluminium Bond
15 FEB 20123MINS

NSE lists N4.6bn Tower Aluminium Bond

The Nigerian Stock Exchange (NSE) last week listed N4.6 billion bonds floated by Tower Funding Plc on its daily Official list. The bonds, series one tranche A and series one tranche B, were raised by Tower Aluminium Group from the capital market under its N9 billion (Medium Term Note) last year....

Alba Employees Celebrate National Action Charter Anniversary
15 FEB 20122MINS

Alba Employees Celebrate National Action Charter Anniversary

Aluminium Bahrain B.S.C. (Alba)’s employees expressed their gratitude to the Kingdom of Bahrain’s leadership with celebrations held on Tuesday, February 14, 2012 to mark the 11th Anniversary of the National Action Charter. The National Action Charter - introduced under the guidance of His Majesty...

DUBAL marks highest aluminum sales volume in 2011
15 FEB 20122MINS

DUBAL marks highest aluminum sales volume in 2011

Dubai Aluminum Company headed in UAE posted YoY higher sales and profits in 2011 annual financial accounts. The sales increased by 15% to AED 9.9 billion while the operating profit to sales rate upped by one percentage point to 26%. Primary aluminum production was 1.015 million tonnes which...

Alba welcomes new French Ambassador to Bahrain
15 FEB 20122MINS

Alba welcomes new French Ambassador to Bahrain

Manama, Feb. 12. (BNA) -- Aluminium Bahrain B.S.C. (Alba)’s role in supporting strong commercial ties between the Kingdom of Bahrain and the Republic of France was discussed during a visit of His Excellency the French Ambassador to Bahrain, Christian Testot on Thursday, February 9, 2012. Alba’s...

ALSCON workers strike over salary increase
15 FEB 20121MINS

ALSCON workers strike over salary increase

Workers of Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State have started a strike action demanding for the implementation of a 25 percent salary increase. The workers have been on strike for about a week but wont return to work until the 25 percent "collective agreement...

Emal’s expansion on track
15 FEB 20128MINS

Emal’s expansion on track

DUBAI — Emirates Aluminium, popularly known as Emal, is very well-placed to meet the rising global demand for aluminium and its expansion plan will not get hit by the debt crisis in Europe and the United States, its top official said. Emal, a joint venture between Abu Dhabi’s Mubadala Development...