Alba Hires BNP Paribas For $2.5bn Expansion

Published on Wednesday, 25 Jul 09:21 am

Aluminum Bahrain (Alba), which owns the world’s fourth-largest aluminum smelter, said on Monday it hired BNP Paribas to advise on financing options for a proposed $2.5bn expansion plan to add a sixth production line (Reuters). Alba has said that the new line, which will add 400,000 tons/year capacity to its current production of 881,000 t/y, could be completed by early 2015.

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