A new contract will provide Novelis approximately 75,000 tonnes of presorted end-of-life material to be processed at Europe's largest recycling center, Novelis Nachterstedt, and fed into low-carbon aluminium sheet for the automotive industry.
Novelis has entered into a strategic 3-year agreement with TSR Recycling GmbH & Co. KG. The contract strengthens the long-standing partnership between Novelis and TSR, ensuring a reliable supply of raw materials made from presorted and processed end-of-life aluminium products of approximately 75,000 tonnes to be fed into Novelis' production of low-carbon aluminium sheet for the automotive sector.
This strategic agreement directly supports the rising market demand for high-recycled-content aluminium. Availability of end-of-life material is crucial as Novelis is constantly developing innovative solutions with its automotive customers to absorb more pre- and post-consumer scrap into new, high-recycled-content automotive aluminium alloys.
Both Novelis and TSR are market leaders in different areas of the aluminium recycling chain, and by joining forces truly accelerate the shift towards a circular economy and thereby foster the decarbonisation of the aluminium industry – in Europe and beyond.
"We are very proud to publicly demonstrate our strong partnership with TSR, and to sustainably drive the circularity of our industry through this long-term commitment," said Emilio Braghi, Executive Vice President, Novelis Inc., and President, Novelis Europe. "This is an important alliance to secure the supply of high-quality processed raw materials to meet our customers' sustainability targets, as well as advancing on our own 2030 journey toward 75% recycled content across our products."
"At TSR, we are excited to deepen our collaboration with Novelis based on our joint purpose to maximise circularity and decrease carbon emissions, conserve natural resources and reduce energy of the material industries," commented Denis Reuter, COO TSR Group. "Ensuring that valuable resources are reused and repurposed benefits both our businesses and the planet. By working together, we can lead the transition toward a circular economy for the automotive sector and beyond. We are proud that, thanks to our innovative Europe-wide processing lines, we can contribute to this effort."
Novelis is the largest recycler of aluminium globally, as well as in Europe. Last year the company processed approximately 700,000 tonnes of aluminium scrap in Europe to produce low-carbon, circular aluminium solutions for the market and plans to increase this amount by around 50,000 tonnes this fiscal year. TSR is one of Europe's leading companies in iron and non-ferrous metal recycling. By processing approximately 7.2 million tonnes of end-of-life metals annually, TSR produces high-quality recycled raw materials that can be reused in manufacturing.