Column: Can Europe save its industrial metals production sector? energy Europe By AndyHomeMetals
of aluminum and zinc smelters and pose an “existential threat” to the entire European metals supply chain, warned industry group Eurometaux earlier this month.
Western European annualized aluminum production has fallen below three million tonnes for the first time this century and it will fall further. The Dunkerque smelter in France, one of Europe’s largest, is the latest to announce a partial curtailment. In truth, all industrial metals production uses significant amounts of energy, more at the primary metal stage than the product manufacturing stage of the chain. But everyone in the chain from smelter to fabricator is to some extent hurt by the step-change in European power pricing.Europe’s policy-makers have woken up to the region’s critical minerals weaknesses.
The European Union’s critical minerals list is accordingly heavy on battery inputs such as lithium, cobalt, and graphite and on the esoteric members of the rare earth family used in electric motors. The European Commission’s focus on future-looking metals seems to have blind-sided it to the older metals that are also required to decarbonize.
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