A Message from the CEO
Let’s stop at nothing!
At Century, we have set ourselves the task of producing Carbon Neutral Aluminum by the year 2050.
This is a journey, with several milestones along the way. Some of them are relatively straightforward – improved practices and protocols, phasing out old methods and materials, recycling programs and the like. Others are more demanding, and some require new solutions through innovation and development projects. Ambition and determination will get us there.
We continue to believe, more than ever, that aluminum is an important enabler of the Green Economy as the material of choice for many electrification applications including electric vehicles, solar panels, wind turbines, and high-voltage transmission cables, to name a few. Aluminum is the metal of the future.
We’re pleased to say that we’re constructing a new billet casthouse in Grundartangi. This 150,000 metric tonne facility will provide low-carbon extrusion billets to Europe under our Natur-Al™ brand. Producing billets rather than standard remelt ingots will save energy for our customers who will no longer have to add an additional melting step. It will also ensure that the European downstream industry will process metal with a low carbon footprint rather than import material from outside Europe with a much higher carbon content.
Speaking of Grundartangi and our entire Icelandic team, we are very pleased that Norðurál was named the Icelandic Environmental Company of the Year in 2022. Our forward-leaning team deserves credit for not only putting in place management systems that measure, control, and improve all of the many ESG variables, but also for setting ambitious targets and creating a culture of continuous improvement. We follow closely developments towards carbon capture solutions and have partnered with industrial green technology leader, Ocean Geoloop, to test their technology at our Norðurál plant in Iceland.
In the U.S., despite a challenging environment in 2022, we continued to build momentum on our sustainability goals. We have put more rigorous measuring and reporting systems in place and continue to work toward ISO and ASI certification at our plants. We have projects in the pipeline that will save energy and reduce greenhouse gas emissions. Lastly, we continue our scrap recycling activities and remelted more scrap in 2022 than in any prior year.
In closing, we invite you to read our Sustainability Report and see our progress. Thanks to our employees for their commitment to the health and safety of our colleagues and communities.
There’s much to do and we at Century are excited for the future.
Jesse Gary