Why a shrinking US aluminum industry is tricky news for clean energy

Published on March 19, 2024

When U.S. aluminum maker Alcoa signed a $2.2 billion deal to gain more control of its global supply chain last week, analysts described the move as a “ bet ” and a “ gamble ” that demand for the commodity will soar in coming years — driven largely by the clean energy transition. Yet as Alcoa grows its business…