LMI Solutions Ltd’s Post

🌍 Today, the European Commission unveiled the Competitiveness Compass, marking the first major initiative of the next legislative term and translating the Mario Draghi Report on Competitiveness into action. This ambitious plan is built around three core priorities - closing the innovation gap, decarbonising while remaining competitive, reducing dependencies and increasing security -  and sets the stage for Europe’s industrial future over the next five years.    As a critical and strategic raw material, aluminium is indispensable to the EU’s green and industrial transitions. But achieving a competitive and sustainable aluminium industry requires bold, targeted policies that support decarbonisation while strengthening Europe’s strategic autonomy. 🔑    To achieve this, we need a clear and actionable plan for aluminium, built on six essential steps:  ⚡ Tackle energy costs  🌱 Support decarbonisation efforts  🏭 Strengthen carbon leakage protections  ♻️ Secure raw materials and boost circularity  🛡️ Stand firm on trade  📜 Cut red tape to ease the administrative burden on industries    The Competitiveness Compass is a crucial first step to establish competitiveness as one of the EU's overarching priorities—but now, decisive action is needed. The future of Europe’s aluminium sector—and Europe itself—depends on it.    🔗 Explore our Aluminium Action Plan: https://lnkd.in/dvNJRt6E  🔗 Read the Competitiveness Compass here: https://lnkd.in/dWBRXH7h   #Aluminium4Europe #CompetitiveCompass #CleanIndustrialDeal

Today, newly elected MEPs gather for their first session in Strasbourg! ✨ We look forward to collaborating with MEPs to build a resilient, environmentally conscious, and globally competitive European aluminium industry. To ensure Europe continues to benefit from locally produced, sustainable aluminium, we need a strong and visionary #EUIndustrialDeal that builds on the #EUGreenDeal. Top priorities also include a revitalised EU trade policy with stronger defences against unfair trade, internationally competitive green energy prices, and support for industrial decarbonisation. 👉 To achieve a thriving aluminium industry in Europe, we have outlined 5 key policy priorities. Discover them here: https://lnkd.in/eC4CE8ku MEPs, we count on your support to lay the groundwork for a sustainable future! Giulia Forgnone

Newly elected MEPs kicked off their mandate during the first Plenary Session in Strasbourg last month. We look forward to continue working together with MEPs after the summer break to build a resilient, environmentally conscious, and globally competitive European #aluminium industry. Our calls to action ⬇️ 🔹 Build a strong industrial strategy that boosts investments in Europe. 🔹 Revitalise EU trade policy – stronger defences against unfair trade practices.  🔹 Enable internationally competitive green energy prices – ensure our industries can compete on the global stage.  🔹 Support industrial decarbonisation – pave the way for a greener future. Aluminium is crucial for advancing the EU’s Strategic Agenda 2024 – 2029. As a strategic raw material, it is driving innovation, fostering economic growth and securing resilient supply chains in the EU💪 👉 Discover the 5 key policy priorities we outlined to achieve a thriving aluminium industry in Europe: https://lnkd.in/eC4CE8ku We continue to count on the support of MEPs to lay the groundwork for a sustainable future! #future #EU #sustainability 

Today, EU Ministers joined the Competitiveness Council to address the future of European competitiveness and how to tackle the challenges facing industry in the single market. We’re happy to see that competitiveness and the need for a strong s industrial policy have become top priorities on the EU political agenda, particularly following Mario Draghi’s report and the Antwerp Declaration. The erosion of Europe’s #competitiveness is an ongoing and accelerating process that must be reversed in the next 5 years, or the structural decline described by Draghi will become irreversible and the future of the #MadeInEurope industries is uncertain. In our manifesto, we’ve outlined 5 key policy priorities that can help ensure that the aluminium industry’s decarbonisation goes hand in hand with industrial growth. Read our full manifesto to learn more ➡️ https://lnkd.in/gZpDvBXU #draghireport ##EUcompetition #decarbonisation #aluminium4europe #COMPET

🚀 Looking forward to the ALUMINIUM - World Trade Fair and Conference in Dusseldorf tomorrow! We’re excited to reconnect with our members and explore the new innovations from European producers across the value chain.  To keep innovating and delivering sustainable aluminium made in Europe —Europe's strategic material for clean tech — we need a strong industrial policy that ensures investor confidence and safeguards our competitiveness.   Without investments and global competitiveness, we will not be able to develop new breakthrough innovations or decarbonise as quickly as needed, risking further carbon leakage and jeopardising Europe’s ambitious climate goals. Policymakers, let’s work together towards a more sustainable and innovative future for Europe! 💪 🎥 Watch this message from Philipp Schluter, CEO of TRIMET Aluminium SE and Chair of European Aluminium. #AluminiumFair #Sustainability #Innovation #EuropeanAluminium 

AMSA's decision to mothball its Newcastle and Vereeniging steel mills is a turning point with wide-reaching consequences. This will not only impact local industries but could also shift logistics to international players, sidelining smaller South African companies. It's a stark reminder of how industrial changes ripple through the economy and reshape supply chains. Read my full commentary in this media article: https://ow.ly/qYot50UGOOg #IndustryInsights #SteelIndustry #SouthAfrica #NRFSA

We published our 2024 Corporate Citizenship and Sustainability Report. This marks our first report as Worthington Steel and highlights our ongoing commitment to driving the metals industry into a more sustainable future. Read about some of the highlights from fiscal 2024 in our full report: https://lnkd.in/d693ESQb. #DrivingSustainabilityForward #DrivingSteelForward

Emirates Global Aluminium (EGA) has secured a green loan to finance its recent acquisition of Spectro Alloys Corporation, a leading US-based aluminium recycling firm. This move will contribute to a more sustainable aluminium industry. Read here - https://lnkd.in/gpd3bQhR

The UK aluminium industry is facing a pivotal few years, with key predictions for 2025 revolving around market recovery, sustainability initiatives, and regulatory changes. The aluminium industry in the UK is gearing up for a more balanced market by 2025, driven by an expected recovery in global demand 📈 Find out more in our blog via the link in the comments 👇

Our Director General, Paul Voss, and our Director of Sustainability, Sandro Starita, together with delegates from the aluminium associations of U.S., Canada, and Japan, met with representatives from the OECD - OCDE and the International Energy Agency (IEA) in Paris! 🗣️ While gathering useful insights on the ongoing work in both organisations on industrial value chains and their competitiveness, this visit gave us the opportunity to present and discuss: 🔹 the strategic role of #aluminium in our economies and societies 🔹 the characteristics of the aluminium value chain and the identified pathways to decarbonise operations 🔹 the challenges to our sector’s competitiveness caused by unfair trade practices, particularly the distorting effects of certain types of state subsidies ✅The outcome of this debate will support the OECD and the IEA in issuing recommendations to national governments on how to develop consistent and effective trade and energy policies. We look forward to further cooperation with both organisations! 📄To explore the pathways to decarbonise further, dive into our study ‘Net-Zero by 2050: Science-based Decarbonisation Pathways for the European Aluminium Industry’ ➡️ https://lnkd.in/d4fMPsqS #competitiveness #tradepolicy #sustainability