Apple announced that it has purchased aluminum made using carbon-free smelting technology for use in the iPhone SE. The technology creates oxygen during the smelting process instead of greenhouse gases, according to the company.
Apple invested $4.7 billion in green bonds that also helped kick-start the development of low-carbon manufacturing and recycling technologies. Apple has issued three green bonds since 2016, investing in projects that help reduce global emissions and produce clean energy.
Its first bonds were fully allocated in 2016 and 2017 and the 2019 Green Bond supports 50 projects including low carbon aluminum technology. According to the Cupertino tech giant, these 50 projects will help offset 2,883,000 metric tons of C)2 emissions, install 700 megawatts of renewable energy capacity worldwide, and promote new research and development in recycling.
As part of this business, Apple is buying aluminum that it claims is the first carbon-neutral aluminum produced outside of a laboratory on an industrial scale. This material will be introduced for the first time in iPhone SE.
Montreal-based Elysis is the company behind this new smelting technology. The aluminum that the apple company will purchase was produced by Elysses at its Industrial Research and Development Center in Quebec, Canada, using hydroelectric power.
This is the first time that aluminum has been produced in this commercial purity, without any greenhouse gas emissions and on an industrial scale. The sale to Apple confirms market interest in aluminum produced using Elysis’s advanced carbon-free smelting technology. Vincent Crest, CEO of Elysius, announced in a press release that today’s announcement proves that Elysium, a joint venture between Alcoa and Rio Tinto, was able to turn the idea into reality.
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