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With the outcomes and implications of COP26 it’s worth highlighting one of the great paradoxes around the decarbonisation narrative.
Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society.
A 100% switch from coal to gas for alumina refining could offer a potential 26% reduction in cradle-to-gate emissions intensity.
The threat from aluminium as a viable energy transmission alternative is being vastly underestimated." - Julian Kettle, Wood Mackenzie
Rumours have been swirling recently that China is now thinking of buying 20 Mt or more of seaborne products.
The total capacity attributes to 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors.
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific.
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