Sets a new record-breaking production of 1,620,665 metric tonnes in 2023
Aluminium Bahrain B. S. C. (Alba), one of the world’s largest aluminium smelters, set a new production record of 1,620,665 metric tonnes (MT) in 2023, an increase of 20,554 MT, to 1,600,111 metric tonnes (MT) in 2022 (1. 3% year-on-year). year).
Commenting on this milestone, Alba CEO Ali Al Baqali said:
“We are proud to have once again exceeded our own production target for the year. Today we celebrate such achievements not only in numbers, but also in human capital.
I would also like to take this opportunity to thank Chairman Khalid Al Rumaihi for his leadership and direction, as well as the members of the Board of Directors for their help in 2023. “
Alba celebrated this achievement with a rite held on January 4, 2024 at its Oasis, which was attended by the general management, directors, managers and workers from other departments of the company.
About Bahrain Aluminium B. S. C. (dawn)
At plus-1.620 million metric tonnes per annum (2023), Alba is one of the world’s largest Aluminium smelters with more than 50 years of excellence in Operations, Safety, Environment and Socio-Economic Development.
A blue-chip asset of the Kingdom of Bahrain, Alba completed five decades of commercial operations in May 2021. The Company marked its Golden Jubilee by breaking all its previous records in Safety and topped 30 million Safe working-hours without Lost Time Injury (LTI) on 01 September 2022 for the first-time in its history.
Alba manufactures high-quality aluminium products in the form of popular and value-added products (VAPs), which are exported to more than 240 consumers internationally from its commercial offices in Europe (Zurich), Asia (Hong Kong and Singapore) and its subsidiary. Alba is a dual board of directors of the Bahrain Stock Exchange and the London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B. S. C. (69. 38%), Société d’Investissements Industriels SABIC (SIIC) (20. 62 ©%) and General Public (10%). Alba has globally identified certifications such as ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016, ISO 22301:2012 Business Continuity Management System (BCMS), as well as ASI Pershapeance Standard certification and Ecovadis certification.
As the first aluminum smelter in the Middle East, Alba has contributed significantly to the social, commercial and economic progress of the Kingdom of Bahrain. Alba is at the center of a thriving aluminum processing sector in Bahrain, accounting for about 12%. As one of the largest national companies, Alba has ensured not only the employment of Bahraini nationals (84% in 2021), but also the capacity building of its nationals through education, education and progression projects at each and every level. of their careers.
Alba is recognised as one of the top industrial companies in the world with high standards in Environment practices, Social contribution and Corporate Governance. Launched in February 2022, the Company’s ESG Roadmap outlines 6 priority areas – (1) Decarbonisation, (2) Green Energy & Aluminium, (3) Circular Economy & Secondary Aluminium, (4) Employee Welfare, (5) Collaboration & Partnership and (6) Transparency, Communications & Due Diligence. Since its inception, Alba has invested into numerous environment, sustainable and socio-economic development projects that have had a positive impact on the society. Alba’s recent projects such as the first-of-its-kind US$37.5 million zero-waste Spent Pot Lining Treatment Plant and the upcoming 5-7 MW Solar Farm Project are tangible efforts to meet the goals of Bahrain’s Economic Vision 2030 as well as the Net Zero Carbon targets led by HRH the Crown Prince and Prime Minister of Bahrain. Alba will play a crucial role in the upcoming Aluminium Downstream Park, which will increase the contribution of non-oil sectors to the GDP of Bahrain.
Alba’s motto “Safety first, safety always” ensures that the protection and well-being of its workers and contractors remains a top priority. The company has been recognized around the world for its protection and fitness record with awards such as the RoSPA. Gold Award (9 years in a row) and the International Safety Award with Merit from the British Safety Council, as well as six top awards from the National Safety Council (NSC). Alba has also been identified for its responsible aluminum production projects through awards such as Top ESG performer. in Bahrain through ESG Invest, the Safeguard seal through Bureau Veritas and the Best Corporate Governance award through Ethical Boardroom.
Alba Power Station 5 Block 4 Expansion Project
Block four is a combined cycle power plant that is an extension of the existing PSfive.
The PS5 Block Four allocation is the addition of a fourth 1:1:1 configuration block with Class J fuel turbine generation and with a minimum ISO score of 680. 9 MW and includes a connection to the existing 220 kV substation. The power of this combination The combined cycle power plant is much higher than that of the combined cycle plants of PS3 and PSfour. Following the final touch of the PS5 block four expansion allocation, the PS5’s rated capacity will increase from 1,800 MW to 2,481 MW.
The Mitsubishi Power and SEPCOIII consortium will be responsible for the design, engineering, procurement, structure and commissioning of Block Four. Commercial operations of PS5 Block Four are expected to begin in the fourth quarter of 2024.
Alba External Grievance Mechanism
Alba’s external grievance mechanism receives and facilitates the resolution of considerations and complaints from affected communities related to environmental and social functionality (E
Alba’s reaction to the COVID-19 pandemic
Alba’s reaction strategy against COVID-19 was introduced as early as January 2020, in line with the direction of the Bahrain National Task Force to combat coronavirus (COVID-19). The company was able to safely maintain operations in 2021 thanks to its agile workforce. – workers and contractor personnel.
For information, please contact: Eline Hilal Director, Investor Relations, Insurance & Corporate Secretary Investor Relations Department Email: eline. hilal@alba. com. bh Website: www. albasmelter. com
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