Alba Launches Project Titan - Phase III
Aluminum Bahrain B.S.C. (Alba), the home-base for Line 6 Expansion Project, announced the launch of Phase III of its company-wide, cost reduction program Project Titan with the aim to reduce cash-cost by US$ 60 per metric tonne of aluminum and step-up its production capacity to 1,000,000 metric tonnes per annul by end of 2018.
Project Titan Phase III, aims to optimize the Company’s operational costs, boost Value-Added Sales as well as increase its production, is an integral part of Alba’s strategy for value-creation and sustainable operations.
Explaining further, Alba’s Chief Executive Officer Tim Murray said:
“Preparation is key if we are to seize the right opportunities in the future. By stretching our limits via Phase III of Project Titan, our resilience will allow us to improve our operational efficiency and maintain our competitive position in the industry.”
source: Alba
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Gold loses some luster after Trump’s decisive win
Resolute Mining says it will pay Mali $160 million in tax dispute
Russia takes aim at US nuclear power by throttling uranium
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
BHP to spend up to $14 billion on Chilean copper expansion
Trump chooses oil fracking boss as energy secretary
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project