02/06/2016 07:09 AST

Alba, Bahrain-based international aluminium smelter, is on track to meet its strategic growth by accelerating the early works on Line 6 expansion project, according the chairman.

In a statement issued after a meeting of the company’s board of directors yesterday, Shaikh Daij bin Salman Al Khalifa 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,” he added.

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, and industry market trends.

In addition to Shaikh Daij, the board 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 (SIIC) are Fahad S Al Sheaibi and Khalid Al Garni. The two independent directors are Abdul Aziz Al Humaid and Mutlaq Al Morished.


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