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Green premiums are real, says aluminium boss

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Capral chief executive Tony Dragicevich says the aluminium goods manufacturer can charge an extra 5 per cent on products made with low or zero carbon emissions, giving hope to nickel miners lamenting customers’ refusal to pay a “green premium”.

Resources Minister Madeleine King has pushed European counterparts to force their automakers to put a price on sustainability at a time when a glut of carbon-intensive nickel supply from Indonesia has crushed prices for the metal and forced Australian mines to close.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
Lap is a podcast producer and actor based in Sydney. He has appeared in numerous film, TV and theatre productions. Connect with Lap on Twitter. Email Lap at lphan@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/green-premiums-are-real-says-aluminium-boss-20240321-p5febv