Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, is on track to meet its strategic growth by accelerating the early works on Line 6 Expansion Project, according to a statement issued by the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa.
The statement was made following the second quarterly meeting for this year, which was held on Wednesday, June 1, 2016 at Alba.
Adding further, Shaikh Daij said: “Alba’s status as an international producer of high-grade aluminium will be bolstered once Line 6 Expansion Project is completed. We are pleased with the reduced capital cost and fast-paced progress of the Project and, are confident of delivering the first hot metal in early January 2019.”
During the meeting, the Board reviewed reports of the Executive Committee, Board Audit Committee, and the Nomination and Remuneration Committee while updates were also given on reports related to Safety, Financial Performance, Line 6 Expansion Project, and Industry Market trends.
The Board also agreed on the dates for the upcoming Committees as well as Board Meetings for 2016.
In addition to the Chairman of the Board, Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Alba Board of Directors comprises six directors appointed by Bahrain Mumtalakat Holding Company – Yousif Abdulla Taqi, Osama Mohammed Al Arrayedh, Fahad Nasser Al-Hazzani, Dr. Mohamed Kameshki and Suha Karzoon. The two directors appointed by Sabic Industrial Investments Co (SIIC) are Fahad S. Al Sheaibi and Khalid Al-Garni and two independent directors, Abdul Aziz Al Humaid and Mutlaq Al-Morished.