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03/09/2025 02:59 AST
Aluminium Bahrain (Alba), the world's largest smelter on one site, today (September 2) held its third quarterly Board of Directors' where it reviewed and approved the minutes of the last month's meeting.
Speaking at the meeting, Chairman Khalid Al Rumaihi said: "Uncertainty tests resilience and we're rising to the challenge. In a volatile market environment, our focus is clear: maintain consistency, drive operational excellence, and uphold cost discipline as we close out 2025 on a high note."
Including the Chairman Al Rumaihi, the Alba Board of Directors comprises five directors appointed by Bahrain Mumtalakat Holding Company - Shaikh Isa bin Khalid Al Khalifa, Tim Murray, Roselyne Renel, Omar Syed and Bruce Cox; two directors appointed by Saudi Arabian Mining Company (Ma'aden) - Ahmed Al Shaikh & Khaled Al Rowais, one expert director - Rasha Sabkar and one elected director - Hala Abdul Hameed Mufeez, said the statement from Alba.
During the meeting, the board received comprehensive updates from the Executive and ESG Committee, Board Audit Committee, and Nomination, Remuneration, and Corporate Governance Committee on strategic matters, the Company's operational, financial and sales performance to-date, the ongoing feasibility study for the new replacement line (Class 3), amongst others.
Individual directors' complete declaration and an update on the independence of each Alba board director were also given during this meeting, it added.
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 53.00 | 0.35 (0.66 |
| SABIC | 60.45 | 0.70 (1.17 |
| SABICAGRINUTRIENTS | 117.10 | -3.10 (-2.58 |
| LIMEINDUSTRIES | 12.50 | 0.00 (0.00 |
| APICO | 44.00 | 0.02 (0.04 |
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