Sunday 25 September 2016
 
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smelter

Alba Line 6 syndicated loan draws huge demand

Aluminium Bahrain (Alba), a leading aluminium smelter, has announced commitments of $1.5 billion for the commercial loan facility to finance the company’s Line 6 expansion project. Alba had originally planned to raise betwee

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Alba Line 6 syndicated loan draws huge demand

Aluminium Bahrain (Alba), a leading aluminium smelter, has announced commitments of $1.5 billion for the commercial loan facility to finance the company’s Line 6 expansion project. Alba had originally planned to raise betwee

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Alba seeks $750m loan for expansion

Aluminium Bahrain (Alba) has approached banks for a $750 million loan towards the financing of its Line 6 expansion project, sources told Reuters on Tuesday. Alba will become the world's largest single aluminium smelter comple

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Alba seeks $750m loan for expansion

Aluminium Bahrain (Alba) has approached banks for a $750 million loan towards the financing of its Line 6 expansion project, sources told Reuters on Tuesday. Alba will become the world's largest single aluminium smelter comple

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Alba to seek $500m loan for expansion

Bahrain-based international smelter Alba plans to raise up to $500 million debt from local and regional banks to part finance its $3.5 billion expansion, the company’s chief executive Tim Murray was quoted as saying by the Gulf Daily News,

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India's Nalco revives $2bn Iran smelter plan

India's national aluminium company Nalco will soon send an official team to Iran to explore setting up a smelter complex worth about $2 billion, its boss said, as world powers lift sanctions on Iran that had made negotiations difficult.

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Maaden, Alcoa smelter output to top target

Saudi Arabian Mining Company (Ma'aden) said a massive smelter run jointly with US group Alcoa, which had experienced few technical glitches on start-up, will produce above its initial capacity target this year. The smelter sta

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Alba expansion work to complete in 3 years

Aluminium Bahrain (Alba) is expected to complete its Line 6 expansion project in three years after the construction work starts on the project. Alba has been actively focused on the expansion project lately and the construction ph

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Indonesia sets deadline for Freeport smelter deal

Newmont Mining Corp's Indonesian copper export permit will not be renewed beyond March 19 unless it strikes a deal with Freeport-McMoRan to invest in the latter's planned smelter, a mines ministry official said on Monday.

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EGA Jebel Ali launches energy optimisation project

Emirates Global Aluminium Jebel Ali (EGA Jebel Ali), also known as Dubai Aluminium (Dubal), has launched the aluminium smelter's latest project that targets energy optimization and capacity creep. The project has three core co

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