US Aluminum association marks anniversary of Inflation Reduction Act
(Posted on 21/08/23)
Aluminum Association president & CEO Charles Johnson released the following statement on the one-year anniversary of President Biden signing the Inflation Reduction Act:
“Infrastructure investment is buoying historic industry-sponsored capital spending – more than $6 billion announced for U.S.-based aluminum projects over the past 3 years. Shifting consumer preferences toward more sustainable materials, a move toward electrification, bipartisan support for trade enforcement and infrastructure spending are all working together to make America a highly attractive place to make aluminum. Durable, corrosion resistant and sustainable, aluminum is a material tailor-made for 21st century infrastructure projects. Building America means building with aluminum.”
Like all manufacturing sectors, U.S. aluminum benefits from reliable roads, bridges, electricity and other infrastructure. Aluminum is also a cornerstone material in American manufacturing, supporting aerospace, transportation, construction, electrical transmission and many other markets. The metal is a key element of any comprehensive strategy to enhance the nation’s infrastructure while conserving energy, improving environmental quality and mitigating climate change.
The Aluminum Association represents aluminum production and jobs in the United States, ranging from primary production to value added products to recycling, as well as suppliers to the industry. The association is the industry’s leading voice, representing companies that make 70% of the aluminum and aluminum products shipped in North America. The association develops global standards, business intelligence, sustainability research and industry expertise for member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel-efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry supports $176 billion in economic activity and more than 634,000 jobs.
Latest News
NGFA comments on US East and Gulf Coast port labour deal
(Posted on 10/01/25)The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have... Read more
Vitol completes acquisition of Noble Resources
(Posted on 07/01/25)Further to the announcement of 2nd August 2024, Vitol B.V. has now completed the acquisition of... Read more
Rio Tinto progresses development of Quebec gallium extraction process
(Posted on 17/12/24)As part of a research and development programme, Rio Tinto is assessing the potential for extracting... Read more
Trafigura publishes 2024 Annual Results
(Posted on 17/12/24)Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released results for... Read more
Anglo American completes Serpentina premium iron ore transaction
(Posted on 11/12/24)Anglo American plc has announced the completion of the transaction to combine the Serra da Serpentina... Read more
BHP Group Investor Relations Officer appointed
(Posted on 11/12/24)BHP has appointed Mark Bendall as Group Investor Relations Officer, effective 1 April 2025.Mr Bendall... Read more
Fertilizers Europe welcomes EU Members requests for tariffs on Russian fertilizers
(Posted on 04/12/24)Fertilizers Europe, the voice of the European fertilizer industry, has welcomed and fully supports the... Read more
The Cultured Hub opens its state-of-the-art biotech facility in Switzerland
(Posted on 04/12/24)The Cultured Hub officially opens its doors today, marking a milestone for the global cellular agriculture... Read more
New partnership agreement to study low carbon aluminium project in Finland
(Posted on 04/12/24)Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi... Read more
Italian steel handling specialist Transped boosts efficiency
(Posted on 29/11/24)Transped S.p.A. has ordered a Konecranes Gottwald Generation 6 mobile harbour crane to expand its handling... Read more
