**Summary**
Aluminium Bahrain B.S.C. (Alba), the worlds largest aluminium smelter on one site, announced its financial results for Q4 and full-year 2025 on February 17, 2026. Key highlights include
1. **Financial Performance**
Q4 2025 profit surged 193.4% YoY to BD108.7 million (US$289.2 million), with full-year profit up 18.5% to BD218.7 million (US$581.6 million).
Total Comprehensive Income for 2025 rose 16.2% YoY to BD213.2 million (US$567 million).
Total Equity increased 8.4% YoY to BD2,085.6 million (US$5,546.8 million), while Total Assets slightly declined by 1.9% to BD2,623.3 million (US$6,976.8 million).
2. **Dividend Recommendation**
The Board recommended a cash dividend of 43.51% of the share nominal value, equivalent to Fils 43.51 per share, totaling BD61,612,237 (US$163,862,332).
3. **Market Dynamics**
Global aluminium demand remained stable (+2% YoY), supported by packaging, automotive, and electrical sectors.
LME aluminium prices averaged US$2,630/t in 2025 (+9% YoY), with regional premiums firming due to supply constraints and strong demand.
Inventories declined 20% YoY to 509,000 MT, partly due to sanctions on Russian stocks.
4. **Operational Highlights**
Sales volume reached 1,613,360 MT (+0.11% YoY), with Value Added Sales (VAP) averaging 74% of total shipments.
Achieved US$67.32 million in cost savings through e-Al Hassalah initiatives, exceeding the 2025 target.
Expanded partnerships and strategic initiatives, including AI integration and joint investments.
5. **Future Outlook**
Aluminium prices are expected to remain strong in 2026 (US$2,650-2,750/t), driven by supply disruptions and growing demand.
Alba aims to surpass its 2025 production record, achieve US$150 million in e-Al Hassalah savings, and advance sustainability initiatives, including the construction of an aluminium dross processing facility by September 2026.
6. **Sustainability and ESG**
Committed to Bahrains 2060 Net-Zero Vision, Alba is embedding sustainability across its value chain and advancing circular economy initiatives.
Launched EternAlTM, a low-carbon aluminium product line, and achieved 44 million safe working hours without a lost-time injury.
7. **Leadership Comments**
Chairman Khalid Al Rumaihi and CEO Ali Al Baqali highlighted the record profitability, operational excellence, and commitment to safety and sustainability.
Alba remains a global leader in aluminium production, focusing on growth, innovation, and sustainability while delivering value to shareholders and stakeholders.