9,807.50 TRY BIST 100 BIST 100
36.37 USD USD USD
5.04 CNY CNY CNY
38.11 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.70 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY Gold (gr) Gold (gr)

Alba and Daiki Aluminium establish sustainable partnership

Alba and Daiki Aluminium will establish the "Alba-Daiki Sustainable Solutions" aluminium dross processing facility in Bahrain by 2026, aiming to enhance environmental sustainability.

Alba and Daiki Aluminium establish sustainable partnership

Aluminium Bahrain (Alba) and Daiki Aluminium Industry Co., Ltd. reaffirmed their strategic partnership at the Gateway Gulf 2024 forum, announcing plans to establish the "Alba-Daiki Sustainable Solutions (ADSS)" aluminium dross processing facility. This collaboration is seen as a significant step toward enhancing environmental sustainability in the region and promoting technological innovation in aluminium production. With this project, Bahrain aims to further demonstrate its commitment to green technology on the global stage.

Alba will hold a 70% stake in the partnership, while Daiki Aluminium will hold the remaining 30%. The two companies plan to begin operations of the facility in September 2026, contributing to Bahrain’s environmental management and sustainable development goals. This partnership also supports Bahrain’s economic diversification strategy, reinforcing the country’s commitment to becoming a global investment hub.

Alba’s CEO, Ali Al Baqali, stated, “This partnership will strengthen Bahrain’s leadership in the eco-friendly industrial revolution. We aim to drive not only economic growth but also the preservation of natural resources, leaving behind a cleaner world for future generations.”

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Vietnam imposes 27.83% anti-dumping duty on China’s hot rolled steel coils

Sunday, February 23, 2025

Algerian long steel producers gain momentum in the global market

Thursday, February 20, 2025

South Korea increases tariffs amid currency fluctuations

Sunday, February 23, 2025

Australian Government announces $1bn fund for low-emission iron and steel production

Sunday, February 23, 2025

Black Sea pig iron prices drop to lowest level since 2020

Thursday, February 20, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now