Aluminium price to remain volatile: Alba

Aluminium price will continue to remain volatile on the back of challenging equity markets and increased metal production in 2019, said Aluminium Bahrain (Alba) CEO Tim Murray. Opening Alba’s 2019 Town Hall Meetings, Murray said Alba aims to control Safety, Production and Cost guided by its 2019 Expectations. These factors, Murray said, “Will keep us competitive and successful in our business.”

The first session of the annual ‘Town Hall Meetings’ for 2019 was held at Alba Oasis Hall in the presence of Alba Board Director Ali Al Shamrani, VIP guests, Executive Management team and Alba employees. During the opening session, Murray unveiled Alba Expectations for 2019 which are: Safety Gateway – Go to the next level of Safety; Birth of Line 6 – Safe completion of Line 6; Extreme Ownership – Have it in every aspect of our lives; and Growth Mindset – Shift from a fixed mindset to accept feedback and succeed.

Upon the successful ramp-up of Line 6, Alba said it will top the list to become the world largest smelter with over 1.5 million metric tonnes per annum. Conducted by Murray, the ‘Town Hall Meetings’ were launched in 2014 to communicate Alba’s performance yearly in a simple and transparent manner. The “Town Hall Meetings” are delivered to Alba employees from different shifts and focus on areas such as operational performance for the previous year, Capital Expenditure Plan and goals for the coming year.