The Arabian Peninsula And Persian Gulf Countries ? Bahrain

Although hydrocarbons accounted for more than 60% of Bahrain's income and more than 80% of export earnings, this island nation sustained one of the more diversified economies in the Gulf Region. The availability of low-cost natural gas for electric power has fostered the development of a significant aluminum refining and manufacturing industry with emphasis on vertical integration. The Bahraini iron pelletization plant, closed since 1986 due to financial problems, was scheduled to reopen by early 1989. Commodity Review Metals.-Aluminum.-Aluminium Bah-rain Bsc (Alba) attained record high production levels in 1988 taking advantage of favorable aluminum prices, which averaged over $2,000 per ton as compared with less than $1,500 per ton in 1987. Net aluminum production was nearly 13,000 tons over design capacity. Fewer standard ingots (52,081 tons as compared with 79,685 in 1987) were produced as Alba concentrated on higher value added products such as rolling ingots (42,324 tons as compared with 32,125 tons) and extrusion billets (60,934 tons as compared with 46,618 tons).