A good place for any aluminum miner's boot today is in the door of sustainable low carbon aluminum. Alcoa has been pushing their eco-friendly low-carbon alumina and aluminum for a couple of years. Alcoa -- Sustana
Suppliers demand resource suitability and certifiability and everyone is taking turns keep raising that bar; that leaves a market for a leader. I think if you're a responsible miner, you see the jackpot; if you're a Russian aluminum miner with endless fossil fuel, you just keep pumping out aluminum.
HPA is a product destined for high tech manufacturers, many of whom lead the way in asking for better inputs.
Alcoa advertises certain of the products as "low carbon"; advertises they have lower footprint than 90% of industry.
Alcoa of Australia is leading research into MVR. MVR is a huge upgrade that is designed to further reduce the carbon content of Alcoa's alumina/aluminum products.
Australia (consider Fortescue et al) is also leading the larger mining enviro-push. Massive renewable energy products (like solar farms producing hydrogen all day) will have to replace diesel generator and fossil fuel grid power to move the needle. I think Alcoa is fully intending to produce the lowest carbon alumina and HPA as well as aluminum metals just as others seek to do for iron. And there will be buyers. There is no question about demand and policy wonks will quickly catch on that this is a totally legitimate way to protect both certain industries under pressure and the beautiful Earth we must learn to live on.
FYI Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
