Bahrain’s state news agency Alba confirmed early Sunday that Aluminum Bahrain, also known as Alba, was targeted in the attack by Iran a day earlier. Two people have been slightly injured in this attack and the company is assessing the damage caused to its plants.
Alba and Emirates Global Aluminum have been targeted in response to the attacks on two Iranian steel plants. The IRGC said that both these companies had ties to American military and aviation companies. However, Reuters could not independently verify the IRGC’s claims.
Company declared force majeure
According to a Reuters report, Alba closed three of its aluminum smelting lines, which were 19% of its total capacity, in early March in order to continue business due to the closure of the Strait of Hormuz. Earlier on March 4, the company had expressed its inability to send goods to customers due to the closure of Hormuz and had declared force majeure.
Impact on aluminum trade
Due to the closure of the Strait of Hormuz, aluminum trade is also being affected, which accounts for about 9% of the global supply. This effect has arisen due to the US-Israel war on Iran. Bahrain Steel’s parent company, Bahrain’s Foulhath Holding, on Saturday declared force majeure over its operations due to regional conflict and security.
A statement issued by the company said that the situation in the region has created circumstances beyond the control of the group, which have affected operations and logistics in some parts of the group’s business, but no details were given about the size of the impact.
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