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 “Mr Dragicevich said low-carbon aluminium products only represented about 30 per cent of Capral’s sales but customers were willing to pay slightly higher prices for those products.
The company has recently started importing aluminium with about 50 per cent less embodied carbon from the Middle East, where aluminium smelters are typically powered by methane gas.Mr Dragicevich said the Middle-Eastern product was fetching a 2 per cent price premium and comprised just under 30 per cent of Capral’s sales volumes.
“Within a year or two I’d be very surprised if the lower carbon doesn’t make up close to 20 per cent of our total volume.” Mr Dragicevich said the buyers of low-carbon aluminium were typically architects hired to design green buildings for big corporations that had made strong carbon reduction pledges.