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THINK ALUMINIUM THINK AL CIRCLE
The aluminium industry has been making significant strides towards sustainability, recognizing the environmental impact of its operations. The industry is reducing its carbon footprint through innovations in technology and processes, such as recycling and renewable energy integration. Recycling aluminium requires significantly less energy than producing it from raw materials, making it a key focus area for sustainability efforts. Companies are also increasingly sourcing renewable energy to power their operations, reducing greenhouse gas emissions. These initiatives benefit the environment and contribute to the industry's long-term viability by ensuring a more efficient use of resources and a reduced dependency on fossil fuels.
Aluminium Dunkerque SAS ("AD") and its parent company, Aluminium Dunkerque Industries France SAS ("ADIF"), have reached a significant milestone on their path to sustainability and financial resilience. During the Standing Finance Committee of the House of Representatives session on March 6th, the Jamaican Minister of Agriculture, Fisheries, and Mining, Hon. Floyd Green, unveiled an ambitious $1.2 billion investment strategy. Hydro Rein, Hydro's foray into renewable expansion, has recently concluded a deal with the Swedish renewable energy developer IOWN Energy (IOWN). This agreement sees Hydro Rein acquiring an 80% stake in a significant portfolio of wind power projects totalling 2.4 GW.
Aluminium Dunkerque SAS ("AD") and its parent company, Aluminium Dunkerque Industries France SAS ("ADIF"), have achieved a substantial milestone in their journey towards sustainability and financial strength. They have recently successfully refinanced their current debts through new bank lending facilities totalling $375 million.
The Jamaican Minister of Agriculture, Fisheries, and Mining, Hon. Floyd Green, announced a $1.2 billion investment plan to transform neglected former bauxite lands into productive agricultural areas.
Hydro Rein, Hydro's venture into renewable growth, has recently finalised an agreement with the Swedish renewable energy developer IOWN Energy (IOWN) to acquire an 80 per cent stake in a substantial 2.4 GW portfolio of wind power projects. These projects are being developed across Sweden and Norway, spanning electricity price areas SE2, SE3, SE4, and NO2.
To know more: https://www.alcircle.com/news/hydro-rein-secures-80-stake-in-2-4-gw-wind-projects-with-iown-energy-deal-109100
The Dubai Electricity and Water Authority (DEWA) employees, between October 2022 and December 2023, collectively recycled 499,541 aluminium cans and plastic bottles in Dubai, thereby diverting 7,108 kilograms (7.1 tonnes) of waste from landfills.
The Aluminium Stewardship Initiative (ASI) has announced the certification of the Bharat Aluminium Company Limited (BALCO) facility in Korba, Chhattisgarh, India, against the ASI Performance Standard V3 (2022). This facility, under Vedanta Limited's Aluminium Business (Vedanta Aluminium), specialises in producing wire rods, ingots, primary foundry alloys, rolled products, and their Restora low-carbon aluminium range
Aluminium Stewardship Initiative (ASI) announced the joining of Thöni Deutschland GmbH as the new Production & Transformation member. For over 50 years, the Thöni Group has been committed to growth and sustainable practices.
To know more: https://www.alcircle.com/news/thoni-deutschland-joins-asi-as-the-new-production-transformation-member-109095
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