Alcoa Reached Agreement with Speira for Low-Carbon Aluminum Supply

SEATTLE (Scrap Monster): Alcoa Corporation announced that it has entered into an agreement to supply low-carbon EcoLum aluminum to the leading aluminum rolling and recycling company, Speira.

It must be noted that the EcoLum brand is part of Alcoa’s Sustana family of low-carbon products. EcoLum is produced at hydroelectric-powered aluminum smelters, whose carbon dioxide emission is even less than 4 metric tons for every ton of metal produced. This carbon footprint is nearly 3.5 times better than global average, Alcoa said.

The company foresees increased demand for its Sustana aluminum products in future, especially in the European market. In addition to EcoLum, the Sustana line also comprises of EcoDura aluminum, which includes at least 50% recycled content and EcoSource, the only low-carbon, smelter-grade alumina brand in the world.

Kelly Thomas, Executive Vice President and Chief Commercial Officer, Alcoa noted that the company is assist its customer in their pursuit to continuously produce high-quality products, by supplying Speira with low-carbon aluminum. The EcoLum and EcoDura products sales are expected to witness more than three-fold surge year-over-year in 2022, he added.

Speira operates seven manufacturing facilities and one R&D center. Also, both Alcoa and Speira are proud members of the Aluminum Stewardship initiative.

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