RUSAL & Mingtai Aluminium to Produce Low Carbon Products
Leading global aluminium producer RUSAL announced a partnership with large-scale modern aluminium processing enterprise Henan Mingtai Aluminum Co Ltd
Leading global aluminium producer RUSAL announced a partnership with large-scale modern aluminium processing enterprise Henan Mingtai Aluminum Co Ltd to deliver low carbon aluminium products in response to the growing market demand. This partnership will build on both companies’ expertise, underpinning the drive and commitment towards a low-carbon future. RUSAL’s strategic supply of low-carbon primary aluminium under the ALLOW brand will be delivered to Mingtai’s plants, including the new Gwangyang rolling mill in South Korea. The Gwangyang complex will commence its operations in Q3 2021, delivering products with a reduced carbon footprint.
RUSAL is the world’s largest producer of low-carbon aluminium through its ALLOW brand, crafted using renewable hydropower. ALLOW will enable Mingtai Aluminium to offer products with a carbon footprint several times lower than the industry average. ALLOW’s average carbon footprint is 2.4 tonnes of CO2 equivalent per tonne of aluminium produced (Scope 1&2, at smelter). This is in line with the evolving market requirement for low-carbon aluminium of no more than 4 tonnes of CO2 equivalent per tonne of aluminium produced, which is several times lower than the global average of around 12 tonnes.
In addition to this, Mingtai and RUSAL will work together as part of a collaborative undertaking on their research and development activities to produce innovative alloys and develop new mould dimensions.