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Aluminium Bahrain to reach cash cost cutting target in Jan- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
11/18/2015 non-ferrous metals expo |
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Reuters reported that Aluminium Bahrain , owner of one of the world''s largest smelters of the lightweight metal, said on Sunday it would hit its target to cut cash costs by $150 a tonne by January and is looking to trim further. The state-backed company started the two-year project to cut its cash costs in 2013
CEO Mr Tim Murray told an industry conference “We are ahead of the curve in terms of cost-cutting. We will reach target by January 2016 but we need a lot more."
He added “At the same time, Alba''s expansion plans were on track. Everything is going as planned for line 6.”
Alba received government approval in June for the new line which is set to increase its annual output by 514,000 tonnes to 1.45 million tonnes.
-non-ferrous
metals- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition 有色金属展-2016年第十七届广州国际有色金属展览会-巨浪展览
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