China has unveiled a comprehensive plan to enhance the quality and sustainability of its aluminum industry by 2027. Spearheaded by ten government departments, including the Ministry of Industry and Information Technology, the initiative sets ambitious targets:
Increase Domestic Bauxite Resources: Aiming for a 3%–5% boost to reduce reliance on imports.
Expand Recycled Aluminum Output: Targeting an increase exceeding 15 million tons to promote environmental sustainability.
This strategy aligns with China's broader environmental goals, including the expansion of its carbon trading market to encompass the aluminum sector by 2025. This move will require aluminum producers to purchase credits to cover their emissions, encouraging the adoption of low-carbon technologies and the phasing out of outdated, polluting facilities.
The plan also underscores the importance of energy efficiency and carbon reduction in aluminum electrolysis, aiming for significant energy savings and emission reductions through technological upgrades.
By focusing on resource efficiency, recycling, and emission controls, China aims to position its aluminum industry for sustainable growth amid global environmental challenges.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about china unveiled a plan to enhance the sustainability of its aluminum industry by 2027 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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