Page 5 - சர்வதேச அலுமினியம் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Aluminum premiums remain elevated as supply remains tight
agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.
RPT-COLUMN-Aluminium rattled by signs of green disruption in China: Andy Home
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
The International Aluminum Institute published a report outlining how the aluminum industry can reduce its emissions.
Manufacturers of metals are increasingly under pressure to modernize their production processes and make them “greener.”
In recent coverage, MetalMiner’s Stuart Burns has touched on China’s latest Five-Year Plan and its environmental implications for the country’s massive steel and aluminum sectors. Producers in Europe, meanwhile, have argued the continent’s stricter environmental standards and regulations put it at a competitive disadvantage.
On the other hand, decarbonizing and becoming “greener” is also becoming more and more of a branding opportunity.
“Rusal is at the forefront of promoting its primary metal as coming wholly from renewable (hydroelectric) sources,” Burns wrote last September. “European metals producers may not have such a clear advantage in terms of power supply.”
Global aluminum needs up to $1.5 trillion investment to decarbonize energy supplies: IAI
Investments of between $500 billion and $1.5 trillion may be needed to decarbonize energy supplies to the electro-intensive global aluminum industry if the sector is to meet its decarbonization targets by 2050, according to executives of the International Aluminium Institute, a producers’ association.
Much of this cost will be concentrated in China, which has grown over the past 20 years to account for around 55% of the world’s aluminum production and demand, and which currently uses predominantly coal-based energy for aluminum production.
“However, we already see the movement there [in China]”, said IAI Deputy Secretary General Chris Bayliss in a call with reporters to mark the March 16 launch of the institute’s Aluminium Sector Greenhouse Gas Pathways to 2050 report. “The move back to growth of hydropower [to fuel the aluminum industry] is happening there.”
Article content
MONTREAL, March 17, 2021 (GLOBE NEWSWIRE) PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce that it has received a grant of $194,090 from the Ministry of the Economy and Innovation, through the Support for innovation projects component of the Innovation program, administered by Investissement Québec.
The goal of this project is to develop a solution to recover the residues of pot lining, which are produced in the primary aluminum industry and which are considered dangerous. PyroGenesis will play an important role in eliminating the landfill of this material and potentially other industrial by-products, in addition to significantly reduc
vimarsana © 2020. All Rights Reserved.