The Australian Aluminium Council has joined with its Members and other industry leaders in welcoming the Making Net Zero Aluminium Possible: A Transition Strategy for a 1.5 degree Celsius compliant Aluminium Sector developed by the Mission Possible Partnership in collaboration with the International Aluminium Institute, released today at the New York Climate Week. The Strategy is an ambitious but achievable decarbonisation roadmap for the global aluminium industry.The Strategy highlights that a global investment of approximately USD 1 trillion will be required for the aluminium sector transition, including significant investment to supply the required zero-emissions electricity. Decarbonising electricity supplied to aluminium smelters globally by 2035 is a key milestone for the industry in the Strategy.Aluminium is a critical material in the context of the global energy transition. It is anticipated that global demand will increase by almost 80% (from 2020 levels) to 179 million tonnes per year by 2050.
The Australian Aluminium Council has joined with its Members and other industry leaders in welcoming the Making Net Zero Aluminium Possible: A Transition Strategy for a 1.5 degree Celsius compliant Aluminium Sector developed by the Mission Possible Partnership in collaboration with the International Aluminium Institute, released today at the New York Climate Week. The Strategy is an ambitious but achievable decarbonisation roadmap for the global aluminium industry.The Strategy highlights that a global investment of approximately USD 1 trillion will be required for the aluminium sector transition, including significant investment to supply the required zero-emissions electricity. Decarbonising electricity supplied to aluminium smelters globally by 2035 is a key milestone for the industry in the Strategy.Aluminium is a critical material in the context of the global energy transition. It is anticipated that global demand will increase by almost 80% (from 2020 levels) to 179 million tonnes per year by 2050.
