The Australian government is investing a record $2 billion in the Australian-made aluminum industry. A new Green Aluminum Production Credit will provide targeted support to Australian aluminum smelters switching to reliable, renewable electricity before 2036.

Under the initiative, facilities will be eligible for support for their production over a 10-year period. The credit aims to give local aluminium smelters the confidence to invest, securing Australian jobs and strengthening the nation’s world-class aluminum industry.

Facilities will be eligible for support for every tonne of clean, reliable Australian-made aluminum they make over a period of 10 years.

Australia’s entire aluminium supply chain—from bauxite mining to finished products—is uniquely located on shore.