According to the International Energy Agency (IEA), aluminium production alone contributes approximately 3 per cent of GHG emissions, totalling around 270 tonnes. As the world shifts towards cleaner energy sources, the demand for aluminium is poised to surge dramatically by up to 40 per cent by 2030.
In recent years, a global movement towards carbon neutrality has gained momentum, with countries worldwide revising their policies and strategies to achieve these goals. This movement is accompanied by a dynamic surge in electric vehicle adoption and a thriving investment landscape for renewable energy ventures. Countries are leading these investments, not just to enhance energy independence, but to shape a more sustainable future, where innovation and environmental stewardship go hand in hand on the path to progress. Here are some of the top CO2 reduction initiatives being implemented within the industry:
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
