International Aluminum Associations Highlight Need for Secure Supply Chains Ahead of G7 Trade Ministers Meeting
Brief Highlights Need for Increased International Cooperation; Investment to Grow Recycling
The Aluminum Association joined partner associations in Europe, Canada and Japan on a joint letter and briefing paper International Cooperation on Supply Chains for Critical Materials: Aluminium highlighting the need for robust public-private action to ensure resilient and secure aluminum supply chains. The paper was shared with global trade ministers ahead of the G7 trade ministers meeting September 14 -15 in Berlin.
The paper states:
“Global disruptions to markets for critical materials, from the COVID-19 pandemic to Russia’s invasion of Ukraine, have joined long-standing international concern with the negative impacts of non-market policies and practices on trade and competition. At the same time, transition to global net zero greenhouse gas (GHG) emissions, which requires immense private sector investments, including in new sources of clean energy, are contingent on global markets being fair, open to competition, and free of excessive state influence.”
In a letter to relevant trade ministers, Aluminum Association president & CEO Charles Johnson; European Aluminium director general Paul Voss; Aluminium Association of Canada president & CEO Jean Simard and Japan Aluminium Association executive director Yasushi Noto note:
“The specific actions outlined have two main aims: (i) to ensure a secure supply of responsibly produced aluminium for a low carbon economy, and (ii) to enable greater circularity across all stages of the aluminium supply chain. Our proposals are grounded in the knowledge and experiences of our member companies and underpinned by the independent research of respected international organizations.”
The association leaders committed to engage with G7 leaders “in pursuit of secure, sustainable, and resilient aluminium supply chains.” Read the full letter and briefing paper here and learn more about the Aluminum Association’s activity on global trade at www.aluminum.org/trade.