Customers should define what is low-carbon aluminium - LME

February 06, 2021 / www.metalbulletin.com / Article Link

Customers should be given the choice to source aluminium on a spectrum of carbon levels and defining low-carbon aluminium by a numerical threshold could have unintended consequences, London Metal Exchange chief executive officer Matthew Chamberlain told Fastmarkets.

Chamberlain noted the way of defining low-carbon aluminium by a number could be disruptive and counter-productive, during Fastmarkets' webinar "Empowering Consumers: The Future of Responsible Materials & Sustainability" on Wednesday February 3.
First, defining low-carbon aluminium as metal that falls below a declared carbon content would unfairly lump aluminium just above that threshold in another category, according to the executive.

"Say the threshold is 6 tonnes of carbon dioxide per tonne of aluminium. I think there's a number of problems with that. The first is there's the sort of cliff edge risk that somebody who's just on...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok