(MENAFN) Aluminum Bahrain (Alba), owner of one of the world's biggest smelters of the lightweight metal is dedicated to reach its ambitious goal of reducing cash costs by USD150 a ton.
The firm expects to reach this target by next January, and it looks forward to cut it even more, not to mention its firm claim that it has all development and expansion plans right on track.
Furthermore, as an indicator for its steady progress, Alba has received government approval in June for the new line which is set to increase its annual outcome by 514,000 tons to 1.45 million tons.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.