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Alba expands its production & sales volume in Q1 2019

Metal News - Published on Mon, 15 Apr 2019

Image Source: albasmelter.com
Aluminium Bahrain BSC on the go to be transformed into the largest smelter in the world, expands its overall sales volume and throughput for the first quarter of 2019 despite the downward pressure on LME prices. The sales’ volume topped 257,113 metric tonnes in this quarter, up by 2% Year over Year while the production jumped to 272,707 mt, up by 5% YoY. Alba closed this quarter with Value-Added (VA) Sales averaging 52% of total shipments versus 58% for the same period in 2018.

Commenting on Alba’s Sales’ volume and Production for Q1 2019, Alba’s Chief Executive Officer, Mr Tim Murray said that “We are very pleased to have kicked-off 2019 strong despite market volatility. As we get closer to fully ramp-up Line 6 within Q3 2019, Alba will be positioned to further improve its operational performance and build upon the progress we made since we started Line 6 Expansion Project.”

Source :

Posted By : Rabi Wangkhem on Mon, 15 Apr 2019
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