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

Russian aluminum producer Rusal plans to reconstruct four of its major aluminum smelters in Siberia over the next 10 years to reduce energy consumption and carbon emissions. 

 

Speaking at the Krasnoyarsk Economic Forum, Evgenii Nikitin, chief executive officer at Rusal, said that the modernization program will also focus on expanding production capacity while lowering energy consumption by 20pc at its four smelters – Krasnoyarsk (KrAZ), Bratsk, Irkutsk, and Novokuznetsk.

 

Nikitin added that this was a big step for the company towards producing low-carbon aluminum and cutting carbon emissions by 35pc or more by 2030, apart from the new Taishet smelters and Rusal’s inert anode technology. Besides, the company recently demonstrated its zero-carbon aluminum output at KrAZ

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