ESG

  • Aurubis Copper Smelter to Supply Waste Heat to Hamburg Households

    BY Sophia Schmitz
    Hamburger Energiewerke has partnered with the Aurubis copper smelter to utilize industrial waste heat for heating homes in Hamburg. The initiative, which is set to begin immediately, aims to supply up to 20,000 additional households with heat, marking the largest project of its kind in Germany. The waste heat is generated during a secondary stage...
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  • Marubeni Invests $5 Million in UK-Based Lithium-Ion Battery Recycler Altilium Metals

    BY John Davis
    Marubeni Corporation has completed a $5 million investment in Altilium Metals Ltd., a UK-based company focused on lithium-ion battery (LiB) recycling. The investment was made through a third-party allocation of new shares, positioning Marubeni as a strategic partner in Altilium’s expansion within the sustainable energy sector. Altilium currently operates a pilot plant in Plymouth, UK,...
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  • Blue Whale Materials Secures $55 Million DOE Grant to Expand Battery Recycling Operations

    BY Lars Jensen
    Blue Whale Materials (BWM), a leader in lithium-ion battery recycling, has been awarded a $55 million grant from the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. The funding, part of the Bipartisan Infrastructure Law’s Battery Materials Processing and Battery Manufacturing Program, will support BWM’s $110 million expansion of its Bartlesville,...
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  • Brimstone Secures $189 Million Federal Award to Launch U.S.-Based Alumina and Cement Production Facility

    BY Lars Jensen
    Brimstone, an Oakland-based leader in industrial innovation, has secured up to $189 million in federal funding from the U.S. Department of Energy’s Office of Clean Energy Demonstrations. This funding will support the development of Brimstone’s groundbreaking Rock Refinery™ plant, aimed at producing deeply decarbonized portland cement, supplementary cementitious materials (SCM), and smelter-grade alumina from domestically...
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  • EGA Utilizes Green Loan for U.S. Aluminium Recycling Firm Acquisition

    BY John Davis
    Emirates Global Aluminium (EGA), one of the world’s largest aluminium producers, has leveraged a green loan facility to acquire a majority stake in Spectro Alloys, a U.S.-based aluminium recycling company. The loan, supported by multiple international banks, enables EGA to access a larger liquidity pool to fund low-carbon projects while optimizing borrowing costs. In September...
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  • Hyundai Mobis Unveils Advanced Cooling Technology for EV Batteries

    BY John Davis
    On December 17, 2023, Hyundai Mobis, the automotive parts arm of Hyundai Motor Group, announced its readiness to commercialize a cutting-edge battery cell cooling material. This innovation, known as the “Pulsating Heat Pipe,” aims to improve both the charging efficiency and safety of electric vehicles (EVs). The Pulsating Heat Pipe system is constructed from aluminium...
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  • US Aluminium Can Recycling Rates Decline Amid Growing Sustainability Efforts

    BY John Davis
    Recent data from the Aluminum Association and the Can Manufacturers Institute (CMI) reveal a decline in the recycling rate of aluminium beverage cans in the United States. In 2023, only 43% of aluminium cans shipped were recycled, a significant drop from the historical average of 52% since tracking began in 1990. While this rate remains...
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