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Fortune
Fortune
Annie Sartor

America was the world’s largest producer of primary aluminum until recently. Now companies are warning the 2% U.S. market share puts the energy transition at risk

A worker in an aluminum products factory in China (Credit: Li Xin—VCG/Getty Images)

More than a dozen companies, including Fortune 500 companies such as Ford, GM, Pepsi, and Ball Corporation, recently wrote a letter to Secretary of Energy Jennifer Granholm, asking for federal investment in clean aluminum. This letter signals the growing urgency around a domestic clean aluminum supply. The market has spoken—and companies are asking for funding and support to save this key American industry that will only grow more important as demand is projected to spike.

These pioneering companies understand that the U.S. is becoming increasingly dependent on foreign aluminum supply, and as demand increases, supply could come from countries that show no substantive signs of cleaning up their industry, such as China (58% of the global market), and Russia (5% of the global market).

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