Aluminium Bahrain B S C : Alba holds its Board Meeting for second quarter of 2021
June 07, 2021 at 08:33 am EDT
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Aluminium Bahrain B.S.C (Alba), the world's largest aluminium smelter ex-China, continues to run its operations at a full run-rate as the Company weathers the COVID-19 crisis with its resilience and strength, stated the Chairman of Alba's Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa during the second quarterly Board of Directors' meeting held virtually on Monday 07 June 2021 through MS virtual platform.
During this meeting, the Board approved the Minutes of the previous meeting as well as reviewed Reports of the Executive Committee, Board Audit Committee and the Nomination, Remuneration and Corporate Governance Committee. Updates were also given to include the Training Program for the Directors (Section 4: Principle 4: Third of the Corporate Governance Code of the Kingdom of Bahrain 2018), Safety and Plant performance amidst COVID-19 pandemic, Alba's 5-year strategic initiatives, insights on the market fundamentals and Alba's overall performance to-date. In addition, the Board reviewed in detail the responses of the Board Annual Questionnaire for 2020.
Adding further, Shaikh Daij Bin Salman Bin Daij Al Khalifa said:
'We continue to connect the dots and lead from the front in this unprecedented time as we focus on what really matters for our strong come-back: Safety and well-being of our workforce (employees and contractors' personnel), Business Continuity of our operations and on-time delivery of our products. I also take the opportunity to congratulate Alba people for achieving more than 12 million safe working-hours without Lost Time Injury.'
ALBA - Aluminum Bahrain BSC published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2021 12:32:07 UTC.
Aluminium Bahrain BSC (Alba) is a Bahrain-based company engaged in manufacturing aluminum and aluminum related products. The Company produces more than 890,000 metric tons annually and exports its production to regional and international customers in the Middle East, Europe, Far East, South East Asia, Africa and North America. Albaâs products include standard and T-ingot, extrusion billets, rolling slab, propertzi ingots, and molten aluminum. Alba plant comprises five reduction lines, three cast houses, a dedicated carbon plant, a 550,000 metric tons per annum (mtpa) coke calcining plant, a water desalination plant, 11 fume treatment plants, a marine terminal, and a 2.225 megawatt (MW) power plant, consisting of four power stations. Its main shareholder is Bahrain Mumtalakat Holding Company (69.38%).