Understanding low-carbon aluminium production and market trends

Follow discussions around decarbonizing the aluminium industry with the latest price trends, market insights and forecasts

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Aluminium plays a pivotal role in driving the energy transition, particularly because of its use in low-carbon technologies. This includes powering wind turbines, batteries, electrolyzers for renewable hydrogen, carbon storage for low-carbon hydrogen, transmission wires, hydroelectric plants and solar photovoltaic (PV) technologies. 

The demand for low-carbon aluminium is notably steered by industries like automotive, packaging, energy and consumer products, all actively trying to reduce the carbon impact of their operations. Aluminium is one of the world’s top eight hard-to-abate industries so lowering the carbon footprint of aluminium is essential for decarbonization efforts. 

Read more about how the US looks to decarbonize the aluminium industry, spurred by policy and demand here

Fastmarkets defines green aluminium as primary aluminium having a carbon footprint of maximum 4 tonnes of CO2 equivalent (4tCO2e) per tonne of aluminium produced under Scope 1 and Scope 2 emissions. The definition does not include scrap content as there is no globally accepted definition of low-carbon aluminium scrap. Fastmarkets spearheaded green aluminium pricing with its launch of low-carbon aluminium differentials in March 2021. Today, Fastmarkets has low-carbon aluminium differentials for Europe, the US and Asia.

By leveraging Fastmarkets’ comprehensive analysis and real-time updates, customers gain a competitive edge in this rapidly-evolving market. Whether you’re looking to optimize your supply chain, monitor price fluctuations or capitalize on emerging innovations, Fastmarkets equips customers with the essential knowledge to navigate this market. Find out more today

Read the latest low-carbon aluminium insights and analysis

Understand more about the role of aluminium in renewable energy with price trends, market insights and forecasts from our global team of reporters, editors and analysts.

Norway-based aluminium producer Hydro has several plans for decreasing its carbon footprint, new chief executive officer Eivind Kallevik told Fastmarkets on Tuesday May 28.

A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.

The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.

Recent developments in the aluminium industry have provided incremental steps toward the industry’s decarbonization, but green energy sources, inert anodes and end-of-life scrap recycling can offer disruptive advances to achieve this goal, according to Peter von Czarnowski, director of casting technology expansion at Golden Aluminum.

The low-carbon differential for aluminium P1020 in Europe was unchanged in the month to Friday April 5, with market participants reporting decreased interest in low-carbon units.

Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25

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