US-based aluminium roller and recycler Novelis has entered into a strategic three-year agreement with European scrap processor TSR Recycling to ensure a stable supply of around 75,000t of pre-sorted and processed end-of-life aluminium scrap for its production of low-carbon aluminium sheet for the automotive sector, the company said today.
Novelis processed around 700,000t of aluminium scrap in Europe last year, and plans to increase that figure by around 50,000t this year. TSR processes ferrous and non-ferrous metal scrap, and has a long-standing partnership with Novelis that is strengthened by this agreement.
The agreement comes at a time rising demand for recycled material in the feedstock of aluminium producers globally, as the industry increases its focus on sustainability and the lowering of scope 2 carbons emissions.
"Availability of end-of-life material is crucial as Novelis is constantly developing innovative solutions with its automotive customers to absorb more pre and post-consumer scrap into new, high recycled-content automotive aluminium alloys," Novelis said.
