Aluminium Bahrain BSC , which owns the world's fourth-largest aluminium smelter, said on Monday it hired BNP Paribas to advise on financing options for a proposed $2.5 billion expansion plan to add a sixth production line.
Alba has said the new line - which will add 400,000 tonnes annual capacity to its current production of 881,000 tonnes a year - could be completed by early 2015.
A project feasibility study is expected to start at the end of the year, the Bahraini firm said in a statement, adding it choose BNP for its "strong presence in Bahrain along with extensive experience with the aluminium sector."
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