Alba’s volume topped 257,113 mt in this quarter, up by 2 per cent YoY

Alba’s volume topped 257,113 mt in this quarter, up by 2 per cent YoY

Alba increases sales, production in Q1

May 2019

Aluminium Bahrain (Alba), set to become the largest smelter in the world, has expanded its overall sales volume and throughput for the first quarter of 2019 despite the downward pressure on LME prices, the company said.

The sales volume topped 257,113 metric tonnes (mt) in this quarter, up by 2 per cent year-on-year (YoY), while the production jumped to 272,707 mt, up by 5 per cent YoY.  Alba closed this quarter with value-added (VA) sales averaging 52 per cent of total shipments versus 58 per cent for the same period in 2018.

Alba’s chief executive officer Tim Murray said: “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.” 

Murray: going strong

Murray: going strong

The Line 6 Expansion Project will make Alba the world’s largest aluminium smelter. With the first hot metal from Potline 6 achieved on December 13, 2018, Alba is now amongst the 1 million-metric tonne smelters in the world. Upon completion in 2019, the Line 6 Expansion Project will boost Alba’s per-annum production by 540,000 metric tonnes, bringing Alba’s total production capacity to 1.5 million metric tonnes per year.

Meanwhile, Alba recently held a one-day workshop titled “Thanks for the Feedback” for its executives, directors, and managers.

Murray presented the workshop, based on the best-seller book ‘Thanks for the Feedback’ by Sheila Heen and Douglas Stone, and highlighted the three kinds of feedback companies must utilise to be effective: evaluation, coaching and appreciation, said a statement.

This workshop was customised to teach key takeaways that address Alba’s challenges as well as promote the culture of feedback and a growth mind-set, it said.

Murray said: “Pushing ourselves out of a fixed mind-set is key to embrace challenges ahead. And the only way to adopt a growth mind-set is to accept feedback positively.”

“Workshops such as these play an important role in enabling our future leaders to accept feedback in order to grow especially with our company’s transformation into the world’s largest aluminium smelter,” he added.

Earlier, it also conducted a workshop for  its executive management team to help them adapt to market dynamics and transform challenges into opportunities.

The “Leadership in Changing Times” workshop was presented by John E Skladan, a renowned management expert.

More Stories