Alcoa participates in White House roundtable on decarbonization and innovation

On Friday, March 3, Alcoa President and CEO Roy Harvey participated in a roundtable discussion with officials from the Biden Administration at the White House.

Harvey joined executives from major industrial producers across the chemicals, iron and steel, aluminum, and cement and concrete sectors, along with senior labor leaders, to discuss how businesses are investing in new technologies to decarbonize the value chain across the industrial sector.

Alcoa and the administration share a common ambition – to reduce greenhouse gas emissions and achieve net zero by 2050. During the discussion, Harvey stressed that the sustainable, low-carbon future we are all working toward will require more aluminum, and this increased demand will need to be met by both recycled and primary aluminum.

Alcoa’s technology roadmap can help both meet this need and provide needed decarbonization across the industry. Cutting-edge processes like ELYSIS^TM, which removes all greenhouse gas emissions from the traditional aluminum smelting process, and ASTRAEA^TM, which takes low-grade scrap and purifies it to create high purity aluminum, can help solve the challenges currently facing the aluminum industry in the U.S. and help forge a future to reduce emissions and provide for domestic primary aluminum production.

Further discussion focused on the need for America to lead in the growing global green economy, and how public and private investments paired with new programs under the Inflation Reduction Act and Bipartisan Infrastructure Law – such as tax credits, grants, and loans – can accelerate industrial decarbonization and increase American competitiveness, while boosting good-paying jobs.