[SMM Aluminum Flash News] Novelis Says Europe Needs Both Primary and Recycled Aluminium to Meet Future Demand

Published: Jul 2, 2026 17:41

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Novelis said Europe’s aluminium demand is expected to rise by about 30% by 2040, driven by EVs, renewable energy, construction and packaging. While recycled aluminium has become increasingly important due to its 95% lower energy consumption than primary production, the company said recycling alone cannot meet future demand for high-performance applications such as aerospace, electrical systems and advanced automotive alloys. Novelis called for a balanced strategy combining expanded recycling with competitive low-carbon primary aluminium production.

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