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India-EU FTA targets CBAM compliance support for aluminium exporters and SMEs
31 Jul 20263MINS
Sustainability
India has said that its free trade agreement (FTA) with the European Union includes a dedicated roadmap to address concerns over the EU's Carbon Border Adjustment Mechanism (CBAM), with officials expressing confidence that small and medium-sized enterprises (SMEs) will not face significant difficulties in complying with the new rules. Additional Secretary in the Department of Commerce Darpan Jain said the CBAM was a major focus during the India-EU trade negotiations, resulting in a separate a ...
Australia nears Tomago aluminium rescue as PM joins final funding talks
31 Jul 20263MINS
Sustainability
Australia is edging closer to securing the future of Rio Tinto-controlled Tomago aluminium smelter. Prime Minister Anthony Albanese has stepped into final negotiations with New South Wales (NSW) Premier Chris Minns over a long-term funding package to keep the facility operating beyond 2028, when its current electricity contract expires. An announcement is expected in August, after a long period of negotiations between the Federal and NSW governments over cost-sharing of subsidised electricity ...

30 Jul 20263MINS
Sustainability
Rio Tinto-operated Bell Bay Aluminium, Australia’s only predominantly renewable-powered, green aluminium smelter, has been left out of the Federal Government’s AUD 2 billion (USD 1.39 billion) Green Aluminium Production Credit scheme. As a result, the facility faces renewed pressure as it races to secure a long-term electricity agreement before the end of the year. The Tasmanian smelter, which has operated since 1955 and has an annual production capacity of 187,000 tonnes, relies largely on h ...
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