Alba 'playing crucial role in metals industry'
Manama, October 4, 2011
Aluminium Bahrain (Alba) is committed to playing a crucial role in contributing to developments in the metals industry, said its chairman Mahmood Al Kooheji, while speaking at the London Metals Exchange (LME) meeting.
This commitment is reflected by Alba's presence at the LME Week, the largest annual gathering of the cream of the mining and metals world, underlines the company's commitment to be an active participant and contributor to developments in the metals industry, he added.
The LME Week which opened on Sunday runs until Friday across the UK.
The Alba delegation comprising the chief executive Laurent Schmitt and chief marketing officer Jean Baptiste Lucas attended the LME Metals Seminar on Monday at the Queen Elizabeth II Conference Centre in London.
The LME Metals Seminar - a key highlight of the LME Week - provided delegates with a perspective on some of the major issues facing the global metals industry in the coming year.
"In the 40 years since Alba began operations, we have appreciated the pivotal role that LME plays in regulating the price mechanism of aluminium and other non-ferrous metals, ensuring that business is conducted in an orderly manner and protecting the interests of all those involved in the metals trade," said Al Kooheji.
"We are confident that - as always - the LME Week will provide tremendous opportunities to learn about developments in the industry, gain insights on the challenges that the industry currently faces, examine solutions that will help the industry and most importantly, provide networking possibilities with industry peers."
The LME Week comprises the LME Metals Seminar 2011 at the beginning of the LME Week.
It will also include a range of educational seminars to introduce participants to LME and to the price risk management tools available.
There will also be a range of lunch and dinner engagements as well as receptions hosted by trade associations and financial institutions.
Alba has been consistently ranked as one of the largest aluminium smelters in the world, and is known for its technological strength, global competitiveness and innovative policies.
Alba produces more than 860,000 metric tonnes per annum of aluminium which meet or exceed the industry standard for purity, with products including standard and T-ingots, extrusion billets, rolling slab, properzi ingots and molten aluminium.
It has also maintained a strong track record of operational safety and environmental compliance.-TradeArabia News Service