Aluminium Supply Chain Pathways to Net Zero GHG Emissions and Fair Global Markets: Priority Action Areas
12 September 2023
Context
Aluminium is a strategically critical material; it is the second most widely used metal in the world, is infinitely recyclable, and possesses a broad range of unique properties essential to building a low carbon economy. Beyond its traditional manufacturing base, aluminium is used in lightweight vehicles, renewable energy systems, energy-efficient buildings, and protective consumer and medical packaging. And new applications that contribute to building a more circular global economy continue to emerge, for example using aluminium as a next generation renewable energy carrier. Global demand is expected to increase up to 80% by 2050; as much aluminium will need to be produced in the next decade as in the last one hundred years.