Industry News

Australian government plans A$2 billion to promote green aluminum industry

Views : 38
Update time : 2025-01-22 16:44:37
Australia's Labor government has pledged A$2 billion in production credits to help the country's four aluminum smelters switch to renewable energy by 2036. The country's four aluminum smelters are operated by Rio Tinto and Alcoa.

Aluminum production relies heavily on coal, and green aluminum is often referred to as metal produced using solar, wind, or hydropower.

The Australian government aims to achieve 82% of its electricity supply from renewable sources by 2030. The country has pledged to invest more than A$40 billion in wind, solar, and battery projects, but renewable energy currently stands at 40%, far short of the target.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
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 Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
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? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11