Novelis Secures Long-Term Aluminium Can Recycling Supply from Norway
Event summary
- Novelis and Infinitum have renewed their partnership for an unspecified long-term duration.
- The agreement ensures a continued supply of aluminium beverage cans from Norway to Novelis' recycling plant in Latchford, UK.
- Infinitum operates Norway's deposit return system for beverage cans and plastic bottles.
- Novelis aims to increase recycled content to 75% and reduce emissions intensity to below 3 tonnes CO2e per tonne of product by 2030 (Vision 3x30).
The big picture
This partnership exemplifies the growing importance of closed-loop recycling systems in the aluminium industry, driven by consumer demand for sustainable products and increasingly stringent environmental regulations. Novelis, backed by Hindalco, is positioning itself as a leader in low-carbon aluminium solutions, and securing reliable supply chains is critical to achieving its ambitious sustainability goals. The agreement highlights Norway’s role as a key source of recycled aluminium for European markets.
What we're watching
- Logistics Efficiency
- How Novelis and Infinitum optimize logistics to further reduce environmental impact and costs will be a key indicator of the partnership's success.
- Vision 3x30
- Whether Novelis can achieve its ambitious Vision 3x30 targets, particularly regarding recycled content and emissions, will depend on securing and processing sufficient recycled aluminium.
- Geopolitical Risk
- The stability of the supply chain, reliant on Norwegian infrastructure and UK processing, is vulnerable to geopolitical shifts and trade regulations.
Related topics