The physical scarcity of a material should not be the only decisive factor in risk assessment. The regional concentration of its processing is also important, he said. "China already accounts for 58 per cent of the production of primary aluminium. In the case of magnesium, we have already had to learn that a Chinese decision in autumn 2021 has put the world market in massive disarray”, says van Gils. “We run the risk of making the same mistake a second time.”
- 04/17/2023
- Report
- Sustainability & CO2 neutrality
- Melting and raw materials
"No Green Deal without Aluminium"
The industry association Aluminium Deutschland reacted in March 2023 to the Critical Raw Materials Act presented by the European Commission, which aims to strengthen material supply chains. The president of the Association of Aluminium Companies, Rob von Gils, is "surprised, to say the least, that the Commission has not identified aluminium as a strategic material".
