Albanese government promises $2 billion for new 'green aluminium' sector

Making aluminum uses 10% of Australia's electricity. Will tax incentives help smelters go green?

Aluminum is an exceptionally useful metal. Lightweight, resistant to rust and able to be turned into alloys with other metals. Small wonder it's the second-most used metal in the world after iron and demand is set to soar.

Making aluminium uses 10% of Australia’s electricity. Will tax incentives help smelters go green?

Maksim_Gusev/ShutterstockAluminium is an exceptionally useful metal. Lightweight, resistant to rust and able to be turned into alloys with other metals. Small wonder it’s the second most used metal in the world after iron and demand is set to soar. But aluminium comes at a cost – energy. The four aluminium smelters in Australia consume 10% of the nation’s electricity and produce close to 5% of total emissions. Smelting is so energy intensive tha…

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Australian government pledges $1.24 billion in green aluminum push

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Labor's $2 billion pledge to produce 'green' aluminium

Australian aluminium makers will get a $2 billion incentive to produce so-called 'green' aluminium with renewable energy. It's the latest part of Labor's plans to turn Australia into a green energy superpower, as unofficial election campaigning continues.