On June 10, Aluminium Bahrain (Alba) announced it had been granted approval to begin work on a new production line, with the project set to make the plant the world’s largest single-site smelter when completed in 2019.
Industry
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With domestic demand for vehicles likely to remain weak and new levies on the horizon, Thailand will be relying on stronger exports to help carry its automotive industry closer to year-end sales targets.
Legislation for a single authority to control roads and highways is advancing through parliament in Trinidad and Tobago as the government aims to make licence issuance more transparent as well as curb uninsured driving.
Chinese miners are looking to increase their presence in Papua New Guinea’s minerals industry, with two recent acquisitions giving companies from the mainland a firm hold on assets in the extractive sector.
The mining industry in Myanmar could see a rise in investment from 2016 if the government can overcome roadblocks to pass new legislation, delays to which have slowed the pace of development in the sector.
Despite high demand for cement in Kenya, profit margins in the sector remain under pressure, as competition ramps up.