9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 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

European car sales decreased by 2% in november

Sunday, December 22, 2024

EU released critical updates to CBAM

Thursday, December 19, 2024

Nippon Steel signs important partnership agreement for Kami Project

Thursday, December 19, 2024

Huta Częstochowa announced to maintain operations

Friday, December 20, 2024

Taiwanese steelmaker CSC announces price stability

Friday, December 20, 2024
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