11/29/2021 | Press release | Distributed by Public on 11/29/2021 04:30
Aluminium Bahrain B.S.C. (Alba)'s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa, emphasized that Alba - being one of the key pillars in Bahrain's economy - is fully committed to endorse the Government's national initiatives, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, including the national Economic Recovery Plan, which aims to create job opportunities for Bahrainis, enhance the contribution of non-oil sectors, as well as create direct and indirect investments for a circular economy for a better future for Bahrain.
The Chairman also expressed Alba's keenness to support putting in motion the Aluminium Downstream Park from blue print to reality and serve the cluster of companies with Line 6 metal to further contribute to the Kingdom's GDP.
Shaikh Daij added: "Bahrain has the most established infrastructure for the local downstream in the Region with the Aluminium sector contributing around 12% to Bahrain's GDP. The planned Aluminium Downstream Park, situated in the vicinity of Alba campus, will increase the contribution of non-oil sectors to the GDP of Bahrain and grow the exports of the Kingdom through setting-up of different Aluminium manufacturing and recycling projects."
Transitioning to the world's largest Aluminium smelter ex-China since 2020 thanks to Line 6, Alba will be a catalyst in the development of the planned Aluminium Downstream Park that was announced within Bahrain's Economic Recovery Plan.
A US$3 billion game-changer, Line 6 Expansion Project added 540,000 metric tonnes per annum (mtpa) to Alba's 1 million mtpa production, taking its nameplate capacity to more than 1.548 million mtpa (2020). With this landmark Project, Alba will increase its metal supply to a thriving downstream sector, which will ultimately contribute towards Bahrain's socio-economic development.