J.P. Morgan among advisors for Alba’s project

June 16, 2015 8:16 AM

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J.P. Morgan among advisors for Alba’s project

Aluminium Bahrain (Alba) appointed on 15 June J.P. Morgan, Gulf International Bank (GIB) and National Bank of Bahrain (NBB) as financial advisors for Alba’s Line 6 Expansion Project.

It is noteworthy that the major aluminum smelters approved, during its extraordinary general meeting held on 10 June, the Line 6 Expansion Project which will make it the largest single site smelter in the world upon completion.

The Project is projected to begin production in early 2019 to boost Alba’s per-annum production by 514,000 metric tonnes upon full ramp-up, bringing its total production capacity to approximately 1,450,000 metric tonnes per year.

Source: english.mubasher.info

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