Article: Bahrain : Aluminium Bahrain puts expansion plans on hold.

Byline: sanjayV03

Aluminium Bahrain is delaying work to increase capacity at the world s largest smelter as the economic downturn reduces demand for its products and global metals prices fall.

With dwindling reserves of hydrocarbons, economic diversification is a priority for Bahrain. Aluminium Bahrain (Alba) is one of the country s oldest and most ambitious ventures, created to reduce the country s dependence on oil, generate export earnings, maximise use of its natural resources and create jobs.

The initiative to build a major aluminium smelter in Bahrain was first mooted in the mid-1960s. Manama saw a gap in the market to position itself as ...

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