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

  • The Australian government has pledged AU$2 billion in production credits to support aluminium smelters transitioning to renewable energy, as announced by Prime Minister Anthony Albanese.
  • The plan aims to reward smelters for producing 'green' aluminium, which uses renewable electricity instead of coal, addressing environmental concerns.
  • Albanese emphasized the need for a competitive metals industry in Australia, highlighting the country's resources and skilled workforce.
  • The Australian Aluminium Council supports the initiative, stating it will help attract private investment and ensure global competitiveness in the aluminium sector.
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