Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

En+, 57pc stakeholder in Rusal, urged the EU to drop tariffs on its green aluminum products in order to hasten the latter’s goal of achieving net-zero emissions by 2040. 


The current EU import duty for primary aluminum and alloys is 3pc and 6pc, respectively. 


In light of the EU’s €500bn a year investment to meet environmental goals, En+’s chairman Greg Barker said embracing green aluminum will speed up the energy transition. 


Rusal claimed its patented ‘Allow’ aluminum products are low-carbon because they it uses hydropower in its smelters, unlike conventional coal furnaces. It has a carbon footprint of 4mt of CO2/mt of aluminum, which is significantly lower than its closest competitor, China. 


Rusal supplied 1.3mn mt of the EU’s total aluminum imports of 6mn mt in 2019. En+ is trying to get duties removed from its green aluminum, in the process extoling its environmental benefits.

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