Aluminum Bahrain (Alba), the world’s largest aluminum smelter on one site, has entered into a strategic partnership with Shandong Innovation Group (SIG), a fully integrated global aluminum materials manufacturer, and BlueFive Capital, a global investment firm specializing in cross-border business between the GCC and Asia.
This tri-partite, signed on the sidelines of the Gateway Gulf 2025 in the Kingdom of Bahrain, initiates a strategic effort to optimize the global aluminum supply chain from upstream smelting to high-value downstream products.
Alba-SIG-BlueFive Capital collaboration unites three distinct strengths:
Alba’s unmatched operational scale and experience as the world’s largest smelter on one site.
SIG’s robust capabilities in advanced aluminum alloy manufacturing and material innovation.
BlueFive Capital’s role as a strategic investor in ventures that bridges the GCC and Asia.
This MoU establishes a framework to explore areas of mutual interest, including joint investments, knowledge sharing on best practices, and the formation of strategic international alliances.
“This strategic MoU with our partners marks a commitment to global resilience and resource security. While we maintain our position as the world’s largest single-site smelter, this alliance provides the mechanism to pursue upstream investment opportunities beyond Bahrain’s borders. By securing our raw material flow and expanding our international reach, we are taking decisive action to sustain Alba’s leadership and ensure a robust future for Bahrain’s industrial sector.”
Charles Cui, Vice Chairman of Shandong Innovation Group, said that, “Shandong Innovation Group is excited to unite our world-class manufacturing capabilities with the smelting leadership of Alba and the strategic vision of BlueFive Capital.”
“This partnership is founded on a shared vision for a more resilient and integrated global aluminum industry, and we are committed to leveraging our ability to both provide access to secure and innovative supply chains for critical materials and share knowledge to set new standards for the industry worldwide,” Cui added.
Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, stated that, “Today’s signing lays the foundation for a powerful trilateral bridge connecting industrial leadership, technological innovation, and strategic capital.”
“BlueFive Capital is proud to act as the catalyst for this collaboration in line with our mission to create partnerships that drive not only financial returns but also create new growth pathways for our partners beyond their traditional markets – in this case, creating a new paradigm for cross-border cooperation between the Kingdom of Bahrain and China,” Ben-Gacem further noted.